Job Description

THE ROLESantam is looking for a passionate and energetic individual for a position as Technical Accounting Officer who will be based in Glacier Place, Bellville. This exciting opportunity is available within Santam RE: Reinsurance Inwards AccountingWHAT WILL YOU DOWe are looking for an individual with strong analytical skills and the ability to build good relationships. The successful incumbent's main responsibility will entail executing the financial aspects of reinsurance, including the processing and accounting of reinsurance transactions, performing controls and resolving accounting queries with clients.WHAT WILL MAKE YOU SUCCESSFUL

• Manage and maintain accurate financial records related to reinsurance transactions.
• Perform regular reconciliations of reinsurance accounts to ensure accuracy and identify discrepancies. Reconcile reinsurance balances with counterparties, including reinsurers and brokers.
• Liaise with internal departments, such as underwriting, claims, and finance, to gather necessary information for accurate reinsurance accounting. Communicate with external parties, including reinsurers and brokers, to resolve any issues or discrepancies.
• Maintain an accurate record of collections and payments corresponding to the Reinsurance technical accounts.

QUALIFICATION AND EXPERIENCE

• BCom Accounting
• Reinsurance experience (preferred)
• Completed Articles - SAIPA or SAICA or CIMA
• Minimum 3 years related experience

KNOWLEDGE AND SKILLS

• High numerical skills
• Analytical ability and logical reasoning
• Attention to detail
• Building networks and good relationships
• Time Management
• Communication/interpersonal skills
• Computer literate (MS Office - Word, Excel and Outlook)
• Knowledge of Forex payments (recommended)
• Applying Expertise and Technology
• Achieving Personal Work goals and Objectives
• Learning and Researching
• Planning and Organising
• Relating and networking

COMPETENCIES

• Client Focus
• Collaboration
• Drives results
• Flexibility and Adaptability
• Cultivates Innovation
• Reporting and Administration
• Reconciliations

WHO ARE WESantam is the leading short-term insurer in South Africa. Along with its subsidiaries, the business transacts all classes of short-term insurance. Santam is a large, diversified, and transforming company and our success is rooted in our passion for our clients. Everything we do is centred on our delivery of Insurance Good and Proper.

Santam