Job Description

Closing Date 2024/02/23
Reference Number MMH240205-10
Job Title Reinsurance Accountant
Position Type Permanent
Role Family Finance
Cluster Guardrisk
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Sandton
Introduction

Responsible for the management of the reinsurance accounting function for Guardrisk non-life cell captive.
Role Purpose

Responsible for the management of the reinsurance accounting function for Guardrisk non-life cell captive.
Requirements

• Bcom

• At least 3 years of accounting experience as a reinsurance accountant

Duties & Responsibilities

• Balance sheet reconciliation implementation and management of all non-life clients reinsurance

• Accounting for month end transactions for proportional reinsurance (cash calls and ad-hock)

• Engaging with the general finance team on movements in the reinsurance financials

• Engaging with the portfolio managers on movements in the reinsurance financials

• Reporting internal and external on financial accounting for reinsurance

• Management of the reinsurance accounting function for Guardrisk non-life cell captive

• Preparation, reconciliation, and communication of proportional reinsurance accounts to the reinsurance market, clients and internally

• Comprehensive reinsurance claims management for proportional reinsurance

• Credit control on reinsurance client portfolio

• Portfolio support and servicing by working closely with the portfolio manager and other stakeholders

• Identify and resolve problem sources or escalate to relevant level of authority

• Resolution of market enquiries on reinsurance matters

• Preparation and submission of renewal information on client portfolio

• Client reporting and engagement on reinsurance matters monthly for selected client portfolio

• Participate and contribute to a culture which build rewarding relationships, facilitates feedback, and provides exceptional client service within the organisation

• Management of the sub-ledger and reporting process of selected client portfolio

• Attend and report at reinsurer meetings, as required

• Attend and report at reinsurance broker meetings, as required

• Client reporting and engagement on reinsurance matters monthly for selected client portfolio

• Banking signatory for finance department

Competencies

• Planning and organising skills

• Networking skills

• Innovative

• Analytical thinking

• Interpersonal skills

• Excellent verbal and written communication

• Ability to work accurately under pressure and meet deadlines

Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

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