Reinsurance Accountant

Johannesburg, Gauteng, South Africa

Job Description


Who we are

Bryte Insurance Company Limited is the premier, proactive commercial risk specialist in Southern Africa. Applying our unparalleled sector insights, proven expertise and foresight, we partner with customers and brokers to protect their businesses and improve their risk profile across the continent. Bryte Insurance Company Limited approaches customer risk with purpose, proactively working with brokers and customers to enable better risk decisions.

Our opportunity

The provision of timely & accurate management of the reinsurance accounting function from system set up to capturing and reporting, as well as business partnering insights to the Bryte Leadership Team.

Key Accountabilities

Functional Management

You would be required to assist in all aspects of the reinsurance accounting duties, including but not limited to:

Reinsurance technical accounting

  • General ledger maintenance, including preparation of journal entries and analysis of accounts
  • Reconciliations of all reinsurance accounts
  • Reinsurance Statement of Accounts
  • Cash management
  • Monthly reinsurance reporting to stakeholders
  • Analysis of results and balances
  • Assistance with the new reinsurance system implementation
  • Preparation of reinsurance treaty statistics
  • Streamlining of processes
  • System set-up and testing of reinsurance treaties
  • System set-up and testing of facultative contracts
  • Change champion with regard to systems implementation.
Stakeholder Management

Stakeholders include
  • Functional Business Heads
  • Finance department
  • Reinsurance underwriting department
  • Exco
  • Reinsurers and Brokers
Leadership Accountabilities
  • Model behaviors that demonstrate commitment to Brytes guiding principles.
  • Take action to manage own personal development and encourage others to do the same.
Education and Experience
  • B.Com Accounting Degree
  • Minimum 3 years experience in finance roles in the insurance industry, preferably in reinsurance
Capabilities
  • Analytical
  • Financial management
  • Collaboration
  • Initiative
  • Problem solving
  • Strategic thinking
  • Knowledge sharing
  • Effective communication with internal and external stakeholders
  • Detail oriented, accurate and organized
  • Prioritize tasks and complete duties within a specified time frame.
  • Strong Microsoft Excel skills
Closing date : 16 February 2024

Bryte Insurance

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Job Detail

  • Job Id
    JD1293644
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned