Introduction Ref: SMI 18294 - Reinsurance Contract Wordings Specialist (Commercial Insurance) – Johannesburg North
Employer Description
A highly specialized and respected intermediary within the commercial insurance and reinsurance space, providing technical underwriting support and expertise to both local and international markets. The business is known for its strong technical focus, collaborative culture and commitment to best-in-class policy structuring and wording standards.
Duties & Responsibilities Job Description
Our client is seeking a detail-oriented and technically strong individual to join their team as a Reinsurance Contract Wording Specialist.
This role is ideal for a candidate with a solid foundation in commercial underwriting and a strong understanding of policy wordings, who is looking to develop further within the reinsurance and technical structuring space.
Key responsibilities will include:
Drafting and reviewing of Treaty and Facultative Reinsurance Contract Wordings, placing slips and cover notes Supporting the standardisation and enhancement of reinsurance contract wordings across client portfolios Providing guidance and support to internal teams on the interpretation and structuring of policy wordings and clauses Assisting with renewal planning processes, ensuring contract wordings are prepared and finalised within required timelines Engaging with clients and reinsurance markets on wording-related queries and requirements Supporting training initiatives and internal knowledge sharing on reinsurance wordings and structures Assisting with gap analysis of client reinsurance programmes and underlying risk portfolios Maintaining accurate records, documentation and correspondence with all stakeholders Building and maintaining relationships with technical stakeholders within the reinsurance market
Desired Experience & Qualification Qualifications
Matric (essential) RE5 (FAIS compliant) (essential) NQF Level 5 (essential)
Skills
The successful candidate will have:
Minimum 5 years’ experience in commercial underwriting within an underwriting or insurer environment Strong working knowledge and understanding of commercial insurance policy wordings (non-negotiable) Exposure to reinsurance principles and structures (advantageous) High attention to detail and strong analytical ability Excellent communication and interpersonal skills Ability to interpret, draft and analyse technical insurance documentation Strong organisational skills with the ability to manage deadlines and multiple priorities A proactive and solutions-driven approach
Package & Remuneration Salary/Package
Negotiable, commensurate with experience
Sourced from external listing
Professional Career Services - Gauteng
Sourced from PNet