Claims Specialist: Reinsurance

Full Time 1 month ago Pietermaritzburg, South Africa

Employment Information

Duties & Responsibilities

  • Manage the reinsurance claims portfolio from notification through to final settlement.
  • Ensure timely and accurate processing of large and complex claims.
  • Drive effective reinsurance recovery strategies to maximise recoveries.
  • Assess and manage catastrophe and risk-related claims.
  • Analyse claims trends and emerging risks affecting the reinsurance portfolio.
  • Prepare claims reports and provide technical claims data to support reinsurance renewals.
  • Participate in renewal discussions with reinsurers where required.
  • Identify, assess and report operational risks within the claims environment.
  • Build and maintain strong relationships with brokers, reinsurers, assessors, repairers, contractors and other service providers.
  • Ensure effective communication with internal and external stakeholders.
  • Drive continuous improvement initiatives to enhance operational efficiency and service delivery.
  • Support the achievement of broader claims and reinsurance objectives.

Desired Experience & Qualification

Minimum Requirements

  • Grade 12 (National Senior Certificate).
  • Degree in Insurance, Finance, Business or a related field will be advantageous.
  • Short-Term Insurance qualification will be advantageous.
  • Minimum 5 years' experience managing large and complex insurance claims.
  • Proven experience making complex technical claims decisions.
  • Previous experience within a Reinsurance Claims environment is essential.

Knowledge & Skills

  • Strong understanding of short-term reinsurance contracts and treaty structures.
  • Sound knowledge of property and motor claims.
  • Financial acumen with experience managing reserves, recoveries and claims reporting.
  • Strong analytical and problem-solving abilities.
  • Excellent negotiation and stakeholder management skills.
  • Ability to build strong relationships with brokers, reinsurers and service providers.
  • Excellent written and verbal communication skills.
  • High attention to detail and ability to manage multiple priorities.
  • Proficient in Microsoft Excel, Microsoft Word and claims management systems.

Package & Remuneration

Market-related remuneration package.

Application

If you meet the above requirements and would like to be considered for this opportunity, please email your updated CV to:  
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