Johannesburg: Head of Reinsurance

Role: Head of Reinsurance Category: Risk Management Location: Sandton Salary: Market-Related Are you a strategic and experienced leader in the life insurance and reinsurance industry? Our client is seeking a Head of Reinsurance to join their team. This is a senior role focused on implementing strategic initiatives, managing treaty placements, and ensuring robust governance and compliance if you have extensive knowledge of reinsurance arrangements and a proven track record of building strong relationships. Responsibilities: Lead negotiations for reinsurance treaties and risk-sharing arrangements, including structuring, pricing, and terms. Act as a senior contributor to the execution of the company’s reinsurance strategy, ensuring alignment with business objectives and risk appetite. Advise executive management on reinsurance structures, market conditions, and risk transfer options. Perform investigations on the reinsurance and risk-sharing portfolios and make sound recommendations for risk and profitability management. Build and maintain strong relationships with reinsurers and clients. Collaborate with internal stakeholders across actuarial, underwriting, claims, finance, legal, compliance, and risk teams. Manage the performance and development of direct reports. Experience and Qualifications: A degree in Actuarial Science, Finance, or a related field. At least 7 years of relevant working experience in the life insurance or reinsurance industry. Extensive knowledge of reinsurance arrangements, including treaty and facultative, and structures like quota share and excess of loss. Strong analytical, financial, and actuarial modeling skills. Excellent negotiation and relationship management skills. A strategic mindset with the ability to balance risk, growth, and cost. A qualified Actuary, CA, or equivalent qualification is advantageous.