Reinsurance Analyst: Modeling, Risk & Treaty Expert

Placements24; Mossel Bay; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Health and wellness benefits

Pension fund contributions

Professional development opportunities

Stable work environment in Mossel Bay

Job summary

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.

Qualifications

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

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.

Skills

Analytical thinking

Quantitative skills

Problem solving

Data analysis

Communication skills

Education

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

Tools

Excel

SQL

Job description

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.