Job Description
Job Description Head of Treaty:
- Lead and manage the reinsurance broking team to deliver business objectives
- Develop and implement strategies to grow treaty business across South Africa and the broader African region
- Build and maintain strong relationships with cedants, reinsurers, and other stakeholders
- Oversee placement of the companys treaty reinsurance programmes, ensuring optimal structures, pricing, and terms for clients
- Lead high-level negotiations with reinsurers and cedants on treaty arrangements
- Assist clients with their Reinsurance Program analysis
- Handle & Finalize Renewals
- Review and approve treaty wordings, contracts, and slips to ensure accuracy and compliance
- Oversee technical placement processes, ensuring efficiency, accuracy, and adherence to deadlines
- Ensure consistent delivery of high-quality client service and advice
- Mentor, guide, and develop the broking team
- You will be part of the management Team (Manco) and included in the monthly management meetings, where you will be required to add value to the company and management team
- Ongoing Client Servicing & Entertainment
- Assist with client relationships and retention
- Maintain Calendar & Client Database/s
- Gather Information from Clients & Reinsurers for Renewal Negotiations and assist in the renewal process
- Provide Training to Clients/Staff as necessary
- Keep Accurate Records
- Maintain Files & Filing
- Accurately Record Written & Verbal Correspondence with Clients & Reinsurers
- Assist Clients & Reinsurers with their Queries
- Annual budgeting will be required by yourself
- Assist with Presentations & Reports
- Marketing & Networking with New, Existing & Potential Clients
- Assist with Research on New Clients
- Assist with Research on New Products
- Continually Seek Opportunities in Order to Secure New Business
- Travel to territories where the Company wishes to conduct business, and service and entertain both clients and markets accordingly
- Annual budgets to be met, with new business growth an expectation annually
- Additional responsibilities will be agreed and discussed with yourself either prior to or after your arrival
Requirements
- Minimum of 10 years treaty experience
- Business Administration with focus on finance/risk management (Any of the mentioned qualifications)
- Finance/Economics
- Actuarial Science
- Risk Management
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