Reinsurance Controller/manager

2 weeks ago


Tygervalley, South Africa PSG Konsult Full time

**Reinsurance Manager - Short-Term Insurance**

**Western National Insurance**

**Job Summary**:As a Reinsurance Manager in the Short-Term Insurance sector, you will be responsible for optimizing the company's risk exposure through strategic reinsurance partnerships. This role involves assessing, negotiating, and managing reinsurance agreements to ensure financial stability and compliance with industry regulations.

**Key Responsibilities**:
Evaluate and analyze risks associated with various insurance products.

Develop and implement reinsurance strategies to mitigate risks and enhance financial performance.

Negotiate reinsurance contracts, terms, and pricing with reinsurers.

Collaborate with underwriting and actuarial teams to determine appropriate reinsurance structures.

Monitor market trends and recommend adjustments to reinsurance programs.

Assess the financial strength and reliability of potential reinsurance partners.

Oversee the administration of reinsurance agreements, including claims processing and settlements.

Ensure compliance with regulatory requirements and industry standards.

Provide insights and reports to senior management on reinsurance performance and trends.

Foster and maintain strong relationships with reinsurers and other industry stakeholders.

**Qualifications**:
Bachelor's degree in Finance, Risk Management, Insurance, or a related field.

Several years of experience in reinsurance management within the Short-Term Insurance sector.

Strong understanding of underwriting principles and actuarial concepts.

Excellent negotiation and communication skills.

Analytical mindset with the ability to make data-driven decisions.

In-depth knowledge of regulatory requirements and industry best practices.

Proficient in using reinsurance software and tools.

**Personal Attributes**:
Strategic thinker with a proactive approach to risk management.

Detail-oriented and able to work under pressure.

Excellent interpersonal and relationship-building skills.

Strong leadership and team collaboration abilities.

Adaptable to changing market conditions and business needs.

This Reinsurance Manager role plays a critical part in safeguarding the financial stability of the company by strategically managing reinsurance activities in the Short-Term Insurance landscape.

**Job Types**: Full-time, Permanent

Ability to commute/relocate:

- Tygervalley, Western Cape: Reliably commute or planning to relocate before starting work (required)

Application Question(s):

- Do you have Reinsurance experience?
- Do you have short-term insurance?

**Education**:

- Diploma (preferred)



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