Actuarial Manager Reinsurance

Communicate Finance; Johannesburg; On-site; ZAR 900 000 - 1 300 000; Full time

Job summary

A leading financial services company is seeking a Head of Reinsurance to lead its Life Reinsurance function. The role requires experienced professionals to oversee treaty placements, implement strategic initiatives, and manage governance, balancing risk growth and profitability. Candidates should have a degree in Actuarial Science or Finance, with at least 7 years in the life insurance/reinsurance industry.

Qualifications

• Proven strategic thinking with the ability to balance risk growth and cost.
• Minimum 7 years relevant experience in the life insurance / reinsurance industry.
• Extensive knowledge of treaty and facultative arrangements.

Responsibilities

• Lead negotiations for reinsurance treaties and risk-sharing arrangements.
• Contribute to the execution of the reinsurance strategy in line with business objectives.
• Advise executive management on reinsurance structures market conditions and risk transfer options.

Skills

Strong negotiation and relationship management skills

Excellent analytical financial and actuarial modelling abilities

Strategic thinking

Leadership skills

High integrity with sound decision-making ability

Education

Degree in Actuarial Science Finance or related field

Qualified Actuary CA or equivalent qualification

Job description

Overview

Guardrisk Life is looking for a highly experienced professional to lead its Life Reinsurance function. As the Head of Reinsurance you will oversee treaty placements implement strategic initiatives manage governance and provide critical recommendations to executive management. This senior role requires deep technical knowledge of reinsurance arrangements exceptional negotiation skills and the ability to balance risk growth and profitability.

Responsibilities

• Lead negotiations for reinsurance treaties and risk-sharing arrangements (structuring pricing and terms)
• Contribute to the execution of the reinsurance strategy in line with business objectives and risk appetite
• Advise executive management on reinsurance structures market conditions and risk transfer options
• Conduct experience and risk investigations and recommend risk / profitability strategies
• Provide technical oversight on reinsurance management including reporting and agreement interpretation
• Build and maintain strong relationships with reinsurers and clients
• Collaborate with actuarial underwriting claims finance legal compliance and risk teams to ensure effective execution of reinsurance arrangements
• Enforce governance policies procedures and controls relating to reinsurance activities
• Manage and develop direct reports while covering operations in South Africa and Mauritius

Qualifications & Experience

• Strong negotiation and relationship management skills
• Excellent analytical financial and actuarial modelling abilities
• Proven strategic thinking with the ability to balance risk growth and cost
• Leadership skills with experience managing teams and engaging stakeholders
• High integrity with sound decision-making ability
• Degree in Actuarial Science Finance or related field
• Qualified Actuary CA or equivalent qualification (advantageous)
• Minimum 7 years relevant experience in the life insurance / reinsurance industry
• Extensive knowledge of treaty and facultative arrangements (quota share surplus excess of loss etc.)

Contact

Contact : Stef Pretorius za

Additional Information

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Package & Remuneration

Annually

Employment Type

Full-Time

Experience

years

Vacancy

1