Shape Your Future With UsGeneral Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of 37 offices, we have earned superior financial strength ratings from each of the major rating agencies. We value diversity, equality, and inclusion and promote a culture that supports professional and personal growth.
General Reinsurance, Johannesburg Branch (a subsidiary of General Reinsurance AG) is offering an opportunity for Branch Manager/Treaty Account Executive in our International Facultative division.
Key Responsibilities
The role has two facets: leading the Property Facultative team in South Africa and managing the Treaty account, focusing on the development and profitability of the treaty business in the region. The branch territory is Sub-Saharan Africa.
People ManagementBranch planning, oversight, and execution identifying, generating, and retaining profitable treaty and facultative businessInteraction with corporate departments such as claims, accounting, actuarial, etc.Active Underwriting and providing technical assistance and guidance for the facultative underwriters, including account risk discussions and in-branch trainingAssistance and guidance with marketing preparation, client interaction, and follow-upKeeping abreast of changes/developments in the broader insurance marketplace and communicating those internally to the various teamsMarketing and underwriting responsibilities for allocated clientsBranch operational organization and administrationBuilding your own and Gen Re's profile in the marketWorking closely with the treaty underwriters to agree and align strategies and actions to achieve the Underwriting profitability goals for both the overall portfolio and target segments and/or clientsNegotiation of pricing, terms & conditions on both individual risks and treatiesQualifications & Experience We are looking for candidates with a record of consistent high performance, a strong work ethic, and proven underwriting, marketing, and leadership skillsExperience in Individual Risk Property underwriting as well as a solid understanding of treaty/reinsurance productsThe ability to build lasting relationships with clientsThe facultative manager role is a player/manager role and includes client and submission work allocation (alongside other branch underwriters). The role is thus marketing production in addition to management.Contact Human Resources Our Address General Reinsurance Africa Ltd. (Reinsurer licensed to conduct composite insurance business)
2nd Floor, Waterway House North, 3 Dock Road V&A Waterfront,
Cape Town, 8001 (South Africa)
Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act and our employment equity policy.
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