Job Description
- Facultative Reinsurance & Special Acceptances
- Evaluate and decide on referrals that fall outside the UMA mandate.
- Arrange facultative reinsurance or special acceptances for risks above treaty limits.
- Ensure all placements align with company underwriting guidelines.
- Reinsurance Renewals
- Compile and circulate renewal packs in partnership with UMAs and internal stakeholders.
- Gather, review, and present accurate data to treaty reinsurers.
- Negotiate renewal terms and secure treaty support for all UMAs.
- Oversee the smooth completion of all administrative processes linked to renewals.
- Stakeholder & Treaty Management
- Build and sustain strong working relationships with treaty and facultative reinsurers.
- Collaborate with UMAs and internal business partners to align strategies and support underwriting needs.
Job Experience & Skills Required:
- A Degree in Insurance, Risk Management, BCom related degree, Mathematics, Actuarial Science, BSc Engineering, or BCom Law/LLB.
- 2 – 4 years’ underwriting experience in short-term insurance.
- Strong product, policy, and compliance knowledge.
- Experience in a reinsurance environment will be a strong advantage.
- Ability to critically review and assess your own work with attention to detail.
- Confident with MS Outlook, Word, and Excel at an intermediate level.
- Power BI skills would be a great bonus!
If you are interested in this opportunity, please apply directly. For more finance jobs, please visit www.********.co.za
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