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Sandton, South Africa Rad Resources Full timeJob OverviewWe are seeking an experienced and skilled Reinsurance Actuary to join our team at Rad Resources. This is a fantastic opportunity for a professional actuary looking to specialize in reinsurance pricing, risk assessment, and financial modeling.
Experienced Reinsurance Underwriter Required for Global Firm
1 month ago
A senior underwriting position has become available at Hannover Re South Africa, where you will have the opportunity to utilize your expertise in reinsurance underwriting to drive business growth and success. If you are an experienced professional with a strong background in underwriting and a passion for delivering exceptional results, we encourage you to apply for this exciting role.
About UsHannover Re South Africa is a leading provider of reinsurance solutions, committed to delivering innovative and tailored insurance products to our clients. Our company culture is built on the core values of responsibility, drive, and teamwork, creating a dynamic and supportive environment that fosters collaboration and growth.
Responsibilities- Underwrite complex reinsurance treaties, utilizing advanced rating tools and analyzing data to ensure accurate risk assessment and portfolio management.
- Analyze claims received on a daily basis, managing the entire process within established procedures and guidelines, and referring contentious claims to senior management or legal and compliance officers as necessary.
- Develop and implement marketing strategies to enhance client relationships and acquire new business opportunities.
- Maintain accurate records and documentation, ensuring timely filing and auditing, and collaborating with Treaty Accounting Services to guarantee up-to-date accounts and cash payments.
- Effectively communicate with stakeholders, including immediate team members, senior management, and external partners, to promote a positive and collaborative work environment.
To be considered for this role, you should possess:
- An undergraduate degree in business, commerce, or a related field.
- A minimum of 5-10 years of experience in the short-term insurance industry, preferably in specialist lines such as property and casualty underwriting.
- Proven track record of initiating and following through on projects, with a focus on delivering high-quality results.
- Excellent technical skills, problem-solving abilities, and attention to detail.
- Ability to work independently, critically assess and review own work, and prioritize tasks effectively.
We provide a comprehensive compensation package, including a competitive salary range of R1,200,000 - R1,800,000 per annum, depending on experience, plus generous benefits and a hybrid working environment with flexible hours and opportunities for career advancement.