Reinsurance Accountant Job in South Africa

At Guardrisk we have only one purpose: To be of service to our clients. Our Vision: To provide value-added and cost-effective insurance and alternative risk transfer solutions. To employ professionals with a passionate commitment to service excellence.

Reinsurance Accountant – Sandton

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

Method of Application

Interested and qualified? Go to Guardrisk to apply