• Review and evaluate reinsurance treaties and agreements related to both retail and group life insurance business to ensure alignment with the company’s financial goals and risk appetite.
• Support the negotiation and placement process of reinsurance arrangements by coordinating effectively with brokers and reinsurers to secure favorable terms.
• Monitor the performance of existing reinsurance contracts, ensuring all contractual obligations are met and identifying areas for cost-efficiency and improvement.
• Collaborate with underwriting teams to assess risk profiles and determine the need and structure of reinsurance coverage.
• Conduct periodic reviews of reinsurance strategies in light of emerging industry trends, regulatory updates, and market dynamics, providing strategic recommendations when needed.
• Prepare regular performance reports and presentations for senior management, offering insights into reinsurance program metrics, trends, and strategic outcomes.
• Maintain clear and accurate documentation of all reinsurance-related activities, including treaty structures, pricing methods, and claims experience.
• Develop and maintain strong working relationships with reinsurers, brokers, and internal departments to ensure seamless communication and execution.
• Keep up to date with developments in the insurance and reinsurance markets, as well as advancements in actuarial science and best practices.
Bachelor’s degree in Actuarial Science, Mathematics, Finance, or a related field. 1–2 years of experience in reinsurance, actuarial analysis, or risk management, particularly within life insurance.Progress toward an actuarial certification (e.g., Associate/Fellowship in SOA, IFoA) or strong commitment to obtaining one.Previous hands-on experience in analyzing reinsurance arrangements or working within actuarial functions is a strong plus.Solid understanding of both retail and group life insurance products and how reinsurance applies to them. Technical proficiency in actuarial modeling tools (e.g., Prophet, MoSes) and programming languages (e.g., R, Python).Excellent analytical skills with the ability to translate complex data into actionable insights.Strong communication skills (written and verbal), with the ability to present findings clearly to both technical and non-technical stakeholders. Ability to multitask and work efficiently under pressure in a fast-paced environment. Proficient in Microsoft Office tools, especially Excel, PowerPoint, and Word.