Reinsurance Analyst

Placements24; Mbombela (Nelspruit); Hybrid; ZAR 420,000 - 720,000; Full time

Benefits offered by this job

Fully remote work arrangement

Professional development opportunities

Competitive salary with bonuses

Job summary

Placements24 is seeking a detail-oriented Reinsurance Analyst to join their fully remote team. You will analyze insurance portfolios, model financial impacts of reinsurance and support risk transfer strategies.

This role requires a finance or insurance background, strong analytical and communication skills, and experience with financial modeling and data analysis tools. You will collaborate with underwriting, finance and claims to optimize treaty performance.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics or related field.
• Minimum of 3 years in insurance/finance or related analytical role.
• Strong understanding of reinsurance concepts.
• Excellent analytical and quantitative problem-solving skills.
• Proficiency in financial modeling and data analysis software.

Responsibilities

• Analyze insurance portfolios to identify risk exposures suitable for reinsurance.
• Assist in negotiation and placement of reinsurance treaties.
• Monitor performance of existing reinsurance contracts and manage renewals.
• Prepare financial analyses and reports related to reinsurance costs and benefits.
• Ensure compliance with contractual obligations and regulatory requirements.
• Collaborate with underwriting, finance and claims teams to support reinsurance objectives.

Skills

Analytical skills

Quantitative analysis

Communication skills

Data analysis

Reinsurance concepts

Education

Bachelor's degree in Finance/Economics/Mathematics or related field

Tools

Financial modeling software

Data analysis tools

Job description

About the Role

Our client is seeking a detail-oriented and analytically minded Reinsurance Analyst to join their fully remote team. This role is integral to managing the company's risk by analyzing and structuring reinsurance treaties. You will play a key part in assessing the financial impact of reinsurance arrangements and ensuring effective risk transfer. This is an excellent opportunity for a finance or insurance professional looking to specialize in reinsurance within a fully remote, collaborative environment, contributing critical financial insights to the organization's risk management strategy.

Key Responsibilities

• Analyze insurance portfolios to identify risk exposures suitable for reinsurance.
• Assist in the negotiation and placement of reinsurance treaties with reinsurers.
• Monitor the performance of existing reinsurance contracts and manage treaty renewals.
• Prepare financial analyses and reports related to reinsurance costs and benefits.
• Ensure compliance with all contractual obligations and regulatory requirements pertaining to reinsurance.
• Collaborate with underwriting, finance, and claims teams to support reinsurance objectives.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, or a related field.
• Minimum of 3 years of experience in insurance , finance, or a related analytical role.
• Strong understanding of reinsurance concepts and principles is highly preferred.
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in financial modeling and data analysis software.
• Effective written and verbal communication abilities.

Benefits

• Competitive annual salary and potential for bonuses.
• Comprehensive health, dental, and vision insurance.
• Fully remote work arrangement with flexibility.
• Support for professional development and industry certifications.
• Exposure to complex financial risk management strategies.