South Africa Job Openings
Gen Re
Branch Manager/Treaty Account Executive
Johannesburg
November 26, 2024
General 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 subsidary of General Reinsurance AG) is offering an opportunity for Branch Manager/Treaty Account Executive in our International Facultative division.
Key Responsibilities
The role has 2 facets, one leading the Property Facultative team in South Africa, the second being the Treaty account management role responsible for the development and profitability of the treaty business in the region. The branch territory is Sub-Saharan Africa.
Key Responsibilities:
- People Management
- Branch planning, oversight, and execution identifying, generating, and retaining profitable treaty and facultative business
- Interaction with corporate departments such as claims, accounting, actuarial etc
- Active Underwriting and providing of technical assistance and guidance for the facultative underwriters, including account risk discussions and in branch training
- Assistance and guidance with marketing preparation, client interaction, and follow up
- Keeping abreast of changes/developments in the broader insurance marketplace and communicating those internally to the various teams
- Marketing and underwriting responsibilities for allocated clients
- Branch operational organization and administration
- Building your own, and Gen Re’s profile in the market
- Working 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 clients
- Negotiation of pricing, terms & conditions on both individual risks and treaties
Qualifications & Experience
- We are looking for candidates with a record of consistent high performance, a strong work ethic and proven underwriting, marketing, and leadership skills
- Experience in Individual Risk Property underwriting as well as a solid understanding of treaty/reinsurance products
- The ability to build lasting relationships with clients
- The 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.
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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