Reinsurance Analyst

Communicate Finance; Johannesburg; On-site; ZAR 350 000 - 500 000; Full time

Job summary

A leading global insurance player is seeking a Reinsurance Analyst in Johannesburg. This role involves managing facultative reinsurance, preparing renewal packs, and leveraging analytical skills. The ideal candidate has a Bachelor's degree in a relevant field and experience in the insurance sector. Competitive salary ranging from R 350,000 to R 500,000 annually.

Qualifications

• Minimum 2-4 years experience in the insurance or reinsurance industry.
• Proven exposure to facultative and/or treaty reinsurance processes.
• Strong understanding of short-term insurance operations.

Responsibilities

• Review and manage facultative reinsurance approvals.
• Prepare and analyze reinsurance renewal packs.
• Build relationships with reinsurers and underwriters.

Skills

Analytical skills

Communication skills

Negotiation skills

Data analysis

Education

Bachelor's degree in Insurance or related field

Tools

Microsoft Excel

Power BI

Job description

Reference : CFA020735-BL-1

Take the next step in your finance career

Duties & Responsibilities

Are you ready to take your career in short-term insurance or reinsurance to the next level? This is your opportunity to join a leading global player in the insurance industry as a Reinsurance Analyst where your analytical mindset and technical expertise will make a tangible impact.

Key Responsibilities

• Facultative Reinsurance & Special Acceptances: Review, approve and manage referrals that fall outside underwriting mandates. Source and secure facultative or special acceptance reinsurance for risks exceeding treaty limits ensuring compliance with internal underwriting guidelines.
• Reinsurance Renewals: Prepare, analyse and distribute comprehensive reinsurance renewal packs in collaboration with internal teams and underwriting partners. Engage with treaty reinsurers to negotiate terms, finalize proposals and secure optimal treaty support.
• Stakeholder and Treaty Management: Build and maintain strong relationships with treaty and facultative reinsurers, underwriters and internal business units. Ensure ongoing alignment, transparency and effective communication across all parties.
• Financial Administration: Process all monthly and quarterly reinsurance payments including facultative and excess‑of‑loss transactions. Maintain accurate financial records and ensure timely settlements.
• Data Analysis and Reporting: Provide analytical support through data validation, performance tracking and reporting. Identify trends, assess risks and contribute to data‑driven decision‑making processes.

Job Experience and Skills Required

• Bachelor's degree in Insurance, Risk Management, Actuarial Science, Mathematical Sciences, Engineering, Law or Commerce (or a related field).
• Minimum 24 years experience within the insurance or reinsurance industry.
• Proven exposure to facultative and/or treaty reinsurance processes is highly advantageous.
• Strong understanding of short‑term insurance operations, underwriting and risk assessment principles.
• Experience managing stakeholder relationships across internal teams and external reinsurers.
• Proficient in Microsoft Excel, Word and Outlook (intermediate level).
• Working knowledge of Power BI or other data visualisation tools will be an advantage.
• Strong analytical, numerical and problem‑solving skills with attention to detail.
• Self‑motivated and organised with the ability to prioritise multiple tasks.
• Excellent communication and negotiation skills.
• Ability to work independently and collaboratively within a dynamic team environment.

Remuneration

R 350 000 – R 500 000 – Annually

Employment Type

Full‑Time