Reinsurance Analyst

Placements24; Mossel Bay; Híbrido; ZAR 600.000 - 900.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Competitive salary

Health and wellness benefits

Pension fund contributions

Professional development opportunities

Stable work environment in Mossel Bay

Descripción de la vacante

Placements24 in Mossel Bay seeks a detail-oriented Reinsurance Analyst to join the finance and risk management team. You will structure and manage reinsurance treaties, analyze underwriting data, and perform financial modeling to assess impacts on the company's position.

The role requires strong quantitative skills, knowledge of insurance principles, and experience with reinsurance operations within the Western Cape region.

Formación

• Bachelor's degree in Finance, Accounting, Actuarial Science, Economics, or related quantitative field.

Responsabilidades

• Assist in the analysis and evaluation of reinsurance proposals and treaty terms.
• Perform financial modeling and projections related to reinsurance contracts and their impact on the company's financial position.
• Monitor and reconcile premium payments and claims recoveries under reinsurance treaties.
• Analyze cedent performance data to identify trends and assess the effectiveness of reinsurance programs.
• Ensure compliance with the terms and conditions of all reinsurance agreements.
• Prepare reports for management and external stakeholders regarding reinsurance activities and exposures.
• Collaborate with the underwriting, actuarial, and finance departments on all matters related to reinsurance.
• Stay updated on industry best practices and regulatory changes affecting reinsurance in South Africa.

Conocimientos

Analytical thinking

Quantitative skills

Problem solving

Data analysis

Communication skills

Educación

Bachelor's degree in Finance, Accounting, Actuarial Science, Economics, or related quantitative field

Herramientas

Excel

SQL

Descripción del empleo

About the Role

Our client, a significant player in the insurance market, is seeking a detail-oriented and analytical Reinsurance Analyst to join their finance and risk management team in Mossel Bay, Western Cape. This role is integral to managing the company's risk exposure by structuring and managing reinsurance treaties. You will be responsible for analyzing underwriting data, performing financial modeling, and ensuring compliance with reinsurance contracts and regulatory requirements. The ideal candidate will possess strong quantitative skills, a solid understanding of insurance principles, and experience with reinsurance operations. This is an excellent opportunity for a motivated professional to contribute to financial stability and strategic risk management within the Western Cape insurance sector.

Key Responsibilities

• Assist in the analysis and evaluation of reinsurance proposals and treaty terms.
• Perform financial modeling and projections related to reinsurance contracts and their impact on the company's financial position.
• Monitor and reconcile premium payments and claims recoveries under reinsurance treaties.
• Analyze cedent performance data to identify trends and assess the effectiveness of reinsurance programs.
• Ensure compliance with the terms and conditions of all reinsurance agreements.
• Prepare reports for management and external stakeholders regarding reinsurance activities and exposures.
• Collaborate with the underwriting, actuarial, and finance departments on all matters related to reinsurance.
• Stay updated on industry best practices and regulatory changes affecting reinsurance in South Africa.

Requirements

• A Bachelor's degree in Finance, Accounting, Actuarial Science, Economics, or a related quantitative field.
• Minimum of 3 years of experience in reinsurance, actuarial analysis, finance, or a related role within the insurance industry.
• Strong understanding of reinsurance concepts, treaty structures, and types of reinsurance.
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in data analysis tools (e.g., Excel, SQL) and financial modeling techniques.
• Good communication and interpersonal skills, with the ability to explain complex financial data.
• Detail-oriented with a commitment to accuracy and deadlines.
• Familiarity with the insurance market in the Western Cape region is a plus.

Benefits

• Competitive salary based on experience and qualifications.
• Comprehensive health and wellness benefits.
• Pension fund contributions.
• Opportunities for professional development and further certifications in reinsurance.
• A stable and supportive work environment in Mossel Bay.