Summary

Provide the analytical backbone of the broking proposition: price and structure reinsurance programmes, analyse cedant portfolios, quantify retentions and reinstatements, and turn data into placement advantage for clients and the production team.

Responsibilities

Pricing & Structuring

• Price non-proportional programmes (burning cost, exposure rating, frequency/severity modelling) and evaluate proportional treaty terms (commissions, sliding scales, profit commissions, loss corridors).
• Model alternative programme structures and retention levels; quantify risk transfer efficiency and cost of capital impact for cedants.
• Support placement negotiations with technical pricing benchmarks and counter-analysis of reinsurer quotations.

Portfolio & Data Analytics

• Analyse cedant portfolios: experience studies, large-loss analysis, exposure profiles, and accumulation/catastrophe monitoring.
• Build and maintain pricing tools, rating models, and portfolio dashboards (Excel/Python/R); improve bordereaux data quality and automation.
• Produce production and portfolio analytics for management and Board reporting.

Client & Regulatory Support

• Prepare client-facing actuarial studies (reserving reviews, retention studies, programme optimisation) as a value-added broking service.
• Support cedants and the company on regulatory capital and solvency-related analyses where required.
• Present technical findings clearly to non-technical audiences (clients, underwriters, Board).

 

Education and Qualifications

 

Must-have

• Bachelor's degree in Actuarial Science, Mathematics, Statistics or related quantitative field
• Good progress toward Fellowship of a recognised actuarial body (IFoA, SOA, CAS, ASSA or equivalent) — minimum [●] exams passed
• 4+ years of actuarial experience in general insurance/reinsurance (pricing, reserving, or capital)
• Strong practical skills in Excel and at least one of Python, R, or SQL
• Solid grasp of reinsurance structures: quota share, surplus, XoL, stop loss, reinstatement mechanics

Preferred

• Qualified actuary (Fellow/Associate)
• Experience in a broking or reinsurance environment specifically
• Catastrophe modelling exposure; familiarity with African market data constraints

 

Characteristics

• Analytical rigour with commercial pragmatism
• Clear communication of technical results
• Tool-building and automation mindset
• Independence and intellectual honesty

 

Reporting To

Chief Executive Officer