Job Description

Reference Number:

2654

Contract Type:

Regular

Working Time:

Full-Time
Hannover Re - with around 3,900 employees at locations all over the world. Our strength? Connecting Power: We rely on each other. As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world and a reliable employer.


If you have a passion for niche short-term insurance and possess a strong technical background in the short-term insurance or reinsurance industry,

Compass Insure

with an officein

Johannesburg, South Africa,

has a role just for you. See more details related to the role below, which is available on a

permanent full-time basis

commencingat the earliest possible date as a Reinsurance Analyst within the Reinsurance unit.

You can look forward to

Facultative Reinsurance & Special Acceptances

-

Review, approve and/or decline all referrals that fall outside the underwriting management agency mandate. Source and secure special acceptance or facultative reinsurance support for risks exceeding the treaty limit and ensure compliance with Compass Insure special underwriting guidelines.

Reinsurance Renewals

-

Prepare and distribute reinsurance renewal packs in close consultation with internal stakeholders and UMA'S, ensuring all necessary data and documentation are compiled for treaty reinsurers. Following this, engage with treaty reinsurers to finalize proposals, negotiating and securing treaty support for all UMAs and complete all related administrative activities.

Stakeholder and Treaty Management

- Ongoing engagements with relevant business partners, treaty and facultative reinsurers.

Monthly and Quarterly reinsurance payments -

Process all monthly and quarterly facultative reinsurance payments and excess of loss reinsurance payments.

You come equipped with

Essential - Degree in Insurance, Risk Management, BCom related degree, BSc Mathematical Science, Actuarial Science, BSc Engineering, BCom Law/LLB. Minimum of 2-4 years' experience within an insurance environment Preferred experience within reinsurance environment Ability to critically assess and review own work done Essential Computer skills - Intermediate level MS Outlook, Word and Excel, Preferred Computer skills - PowerBI




On a personal level, you will enjoy working as part of a great team where you can show off your interpersonal, analytical and organisational skills and attention to detail.

Employment Equity

Employment Equity South African Citizens as qualified by the Employment Equity Act will be given preference in relation to the company's Employment Equity Plan. A relevant work permit is required if a foreign national or non-South African citizen applies for the role.

What We Offer

Atmosphere

: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.

Benefits

: Structured onboarding, flexible working hours, benefits superior to those of the collective agreement as well as modern offers for personal development, health management and work-life balance are just some of our benefits.

Prospects

: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential - including room to come up with innovative ideas and act on them!