About the Role

Our client, a major insurance corporation, is seeking a skilled and analytical Reinsurance Analyst to join their finance and risk team in Kimberley, Northern Cape . This role is integral to managing the company's risk exposure by structuring and negotiating reinsurance treaties. The successful candidate will be responsible for analyzing reinsurance contracts, monitoring treaty performance, and ensuring compliance with reinsurance arrangements. This is an excellent opportunity for a finance or actuarial professional to specialize in a critical area of insurance risk management within the unique economic context of the Northern Cape .

Key Responsibilities

- Analyze and evaluate reinsurance treaties and contracts.
- Monitor the performance of reinsurance treaties against agreed terms and conditions.
- Assist in the negotiation and placement of reinsurance cover with reinsurers.
- Prepare reports on reinsurance exposure, costs, and recoveries.
- Ensure accurate accounting and settlement of reinsurance bordereaux and claims.
- Liaise with internal departments (underwriting, finance, claims) and external reinsurers.
- Conduct financial modeling and analysis related to reinsurance strategies.
- Ensure compliance with all relevant reinsurance regulations and internal policies.
- Identify and assess risks associated with reinsurance arrangements.




- Support the development and implementation of reinsurance strategies.

Requirements

- A Bachelor's degree in Finance, Accounting, Actuarial Science, Economics, or a related quantitative field.
- A minimum of 4 years of experience in reinsurance, actuarial, finance, or risk management within the insurance industry.
- Strong analytical, quantitative, and problem-solving skills.
- Good understanding of reinsurance principles, contract structures, and the insurance market.
- Proficiency in Microsoft Excel and financial modeling techniques.
- Excellent communication and interpersonal skills, with the ability to work effectively with diverse stakeholders.
- Attention to detail and a strong commitment to accuracy.
- Familiarity with the business and regulatory environment of the Northern Cape .
- Ability to work effectively in a hybrid setup in Kimberley .

Benefits

Our client offers a competitive salary package, including performance-based incentives. Comprehensive benefits include medical aid, a provident fund, and opportunities for career development and further actuarial studies. This hybrid role provides flexibility for employees based in and around Kimberley , promoting a healthy work-life balance. The company fosters a culture of continuous learning and professional growth.

📌 Reinsurance Analyst (Kimberley)
🏢 Placements24
📍 Kimberley