Head of Treaty

Pro Tem; Johannesburg; On-site; ZAR 500,000 - 600,000; Full time

Job summary

A leading reinsurance firm in Johannesburg is seeking a Head of Treaty to lead the reinsurance broking team, manage treaty placements, and develop growth strategies across South Africa and Africa. The ideal candidate has a minimum of 10 years treaty experience and relevant qualifications in Business Administration, Finance, or Risk Management. This role offers a unique opportunity to drive business objectives and build strong client relationships.

Qualifications

• Minimum of 10 years treaty experience.
• Business Administration with focus on finance/risk management.
• Qualifications in Finance, Economics, Actuarial Science, or Risk Management.

Responsibilities

• 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 company's treaty reinsurance programmes.
• Lead high-level negotiations with reinsurers and cedants.
• Review and approve treaty wordings, contracts, and slips.
• Ensure delivery of high-quality client service.
• Mentor, guide, and develop the broking team.
• Assist with client relationships and retention.
• Gather information for renewal negotiations.

Job description

Overview

Job Description – Head of Treaty:

Responsibilities

• 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 company’s 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