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Reinsurance Underwriter Role

1 week ago


Cape Town, Western Cape, South Africa Santam Insurance Full time

Santam Reinsurance is seeking a talented Reinsurance Underwriter to join their team in Cape Town, South Africa. As a Reinsurance Underwriter, you will play a key role in driving profitable growth in the chosen territory according to annual premium volume, profitability, and volatility benchmarks.

Main Responsibilities
  • Develop, manage, and maintain a reinsurance treaty book in the chosen territory.
  • Pricing and underwriting reinsurance treaties using a range of actuarial and softer methods as well as checking reinsurance contracts.
  • Build and maintain reinsurance broker and client relationships for both existing business and potential business.
Skills and Qualifications
  • An understanding of reinsurance wordings, reinsurance markets, and the end-to-end analysis of a reinsurance submission.
  • A strong understanding of insurance and related risks.
  • Reinsurance technical accounting knowledge.