Head of Reinsurance | Sandton

Head of Reinsurance

An industry-leading company is seeking an experienced and strategic-minded

Head of Reinsurance to lead its life reinsurance department . This position requires a professional who can implement strategic initiatives, make key recommendations, and ensure compliance and governance .

Key Responsibilities :

Lead negotiations for reinsurance treaties and risk-sharing arrangements, including structuring, pricing, and terms .

Serve as a senior contributor to the company's reinsurance strategy, aligning it with business objectives and risk appetite .

Advise executive management on reinsurance structures, market conditions, and various risk transfer options .

Analyze reinsurance and risk-sharing portfolios to provide recommendations on risk and profitability management .

Collaborate with internal stakeholders and reinsurers to ensure effective communication and execution of reinsurance arrangements .

Enforce policies, procedures, and controls for all reinsurance activities .

Manage the performance and development of direct reports .

Oversee operations in both South Africa and Mauritius .

Qualifications and Skills :

A degree in Actuarial Science, Finance, or a related field is required .

A qualified Actuary, CA, or an equivalent qualification is advantageous .

At least 7 years of relevant work experience in the life insurance or reinsurance industry .

Extensive knowledge of various reinsurance arrangements and structures (e.g., treaty, facultative, quota share, surplus, excess of loss) .

Excellent negotiation and relationship management skills .

Strong analytical, financial, and actuarial modeling skills are essential .

The ideal candidate is a strategic thinker with the ability to balance risk, growth, and cost, and possesses high integrity and strong decision-making skills .