Reinsurance Manager

Reinsurance Manager – Non Life

Sandton

 

Responsible for the management of the non-life reinsurance division.

Providing leadership and management to the reinsurance team and support functions i.e technical reinsurance accounting and reinsurance claims.

 

Management of the team to achieve the following outputs:

Support the growth in the business, deliver greater internal capacity and therefore reducing reliance and cost of external reinsurance service suppliers.

Promote visibility and engaged with our client base- current setup and skills/experience does not allow for that.

Delivering appropriate and optimised reinsurance advice to Cell captive clientele.

Reinsurance programme structuring in line with client’s and strategic objectives.

Negotiate renewal and new business with Reinsurers and reinsurance brokers.

Ensure accurate and timeous completion of reinsurance contracts.

Collate underwriting information and data for compilation of risks profiles and cresta aggregates.

Compile quarterly performance reports for the respective portfolio- encompassing analysis of claims development,

understanding of clients pricing methodology and underwriting philosophy.

Conduct regular meetings with all relevant stakeholders i.e.

internal technical divisions, clients, reinsurers, and reinsurance brokers to ensure efficient reporting to all parties.

Keep abreast of the developments in the reinsurance market to identify any movements that could adversely or positively

affect the security of any reinsurer approved panel of reinsurance partners.

Contribute to the completion of the annual statutory reports in respect of the reinsurance components of the report.

Provide input in scoping auditing requirements for Internal Audit.

Provide input and comments on Regulatory papers requiring reinsurance input.

Ensure reinsurance guidelines and processes are adhered to.

Produce monthly Management reports.

Monitoring and review of Strategic Key Risks Indicators per the Risk register.

Provide training to other divisions as and when required.

 

Relevant Degree and Insurance qualification

FAIS compliant

Min 10 years’ experience in the insurance or reinsurance industry

Experience in cell captive industry would be advantageous.

Experience and competence in team management and leadership.

Strong understanding of cell captive mechanisms and the broader insurance landscape, including UMAs, General and

Specialist insurance sectors, and reinsurance markets.