Head of Reinsurance

OVERVIEW Responsible for implementing strategic initiatives, making strategic recommendations, managing treaty placements, and ensuring governance and compliance. KEY RESPONSIBILITIES Lead negotiations for reinsurance treaties and risk-sharing arrangements, including structuring, pricing, and terms Act as senior contributor to the execution of company reinsurance strategy in alignment with business objectives and risk appetite Advise executive management on reinsurance structures, market conditions, and risk transfer options Perform experience and other investigations on the reinsurance and risk-sharing portfolios, making sound risk and profitability management recommendations Understand clients needs and priorities, ensuring their needs are met Contribute to technical reinsurance management, including monthly reporting on reinsurance arrangements and interpretation and application of reinsurance and risk-sharing agreements Build and maintain strong relationships with reinsurers and clients Collaborate with internal stakeholders (actuarial, underwriting and claims, finance, legal, compliance, risk) and reinsurers to ensure effective communication and execution of reinsurance arrangements Enforce policies, procedures, and controls relating to reinsurance activities Manage the performance and development of direct reports Cover operations in South Africa and Mauritius SKILLS AND COMPETENCIES Excellent negotiation and relationship management skills Strong analytical, financial, and actuarial modelling skills Strategic thinker with the ability to balance risk, growth, and cost Team management and stakeholder engagement abilities High integrity and sound decision-making skills EXPERIENCE AND QUALIFICATIONS Degree in Actuarial Science, Finance, or related field Nearly or newly qualified Actuary, CA, or equivalent qualification advantageous Extensive knowledge of reinsurance arrangements (treaty and facultative) and structures (quota share, surplus, excess of loss, etc.) At least 7 years relevant working experience in the life insurance/reinsurance industry