Reinsurance Accountant

Company Bryte Insurance Company Limited
Reference # RA3
Published 24/03/2020
Contract Type Permanent
Salary Market Related
Location Johannesburg, Gauteng, South Africa
The role holder will be responsible to provide 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.
Job Functions Accounting,Finance
Industries Insurance
Key Tasks & Accountabilities

Functional Management:
• This role reports into the Head of Reinsurance Accounting
• System set-up and testing of reinsurance treaties
• Reinsurance technical accounting
• General ledger maintenance, including preparation of journal entries
• Reconciliations of all reinsurance accounts
• Reinsurance Statement of Accounts
• Cash management
• Monthly reinsurance reporting to stakeholders
• Participates in the design and testing of new systems impacting reinsurance
• Preparation of reinsurance treaty statistics
• Streamlining of processes
• Analysis of results and balances
• Dealing with queries from brokers and re-insurers
• Ad hoc duties

Stakeholder Management:

Stakeholders include:
• Functional Business Heads
• Finance department
• Reinsurance underwriting department
• Exco
• Reinsurers and Brokers

Leadership Accountabilities:
• Model behaviours that demonstrate commitment to Bryte’s guiding principles.
• Take action to manage own personal development and encourage others to do the same
Education and Experience

• Appropriate Bachelors degree in accounting
• Minimum 3 years’ experience in finance roles in the insurance industry, preferable in reinsurance
• Completed articles in Short Term Insurance
• Beneficial : Newly qualified CA

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
Job Closing Date 31/03/2020
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Last Updated: 13-2-2020 []
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