Head of Reinsurance Accounting

AtripleA Recruitment & Temps; Rosebank; On-site; ZAR 600 000 - 750 000; Full time

Job summary

A premier recruitment agency is looking for a Head of Reinsurance Accounting in Rosebank. In this role, you will oversee the entire Reinsurance Accounting process, including reporting, analysis, and strategy implementation. You will manage a team, ensure compliance with financial targets up to R1 billion, and liaise with key external and internal stakeholders. The ideal candidate will have at least 10 years of experience in insurance, with sufficient exposure to reinsurance, and will preferably hold a CA (SA).

Qualifications

• 10 years’ experience in Insurance with 5 years in Reinsurance.
• Lead a team and manage performance cycles.

Responsibilities

• Oversee monthly, quarterly, and annual Reinsurance reporting and analysis.
• Design and implement system solutions for Reinsurance agreements.
• Ensure all Reinsurance claims are accounted for.

Skills

Effective Communication

Negotiating

Problem Solving

High Level Influencer

Education

CA (SA) highly preferred

Matric

Job description

Job Title: Head of Reinsurance Accounting (Rosebank)

Job Description

The Head of Reinsurance Accounting is responsible for the full end-to-end Reinsurance Accounting and Analytics process and will participate in designing the Reinsurance strategy, together with the subsequent implementation, including data and systems requirements. Involvement in the optimisation work to help derive a recommended Reinsurance structure.

Key Performance Areas

Functional Management

• Full responsibility for monthly, quarterly, and annual Reinsurance reporting and analysis.
• Sourcing, reconciling, and taking full responsibility for obtaining and providing Reinsurance data modelling requirements.
• Designing and implementing system and process solutions for all Reinsurance agreements put in place.
• Active participation at Reinsurance forum meetings.
• Managing Internal and External Audit engagement issues.
• Ensuring Reinsurance Claims are fully recovered and accounted for across all treaties.
• Responsible for setting and obtaining financial Reinsurance targets of up to a R1 billion.
• Advising on the Reinsurance strategy; including the SAM impacts.
• Providing input into Capital modelling and management.
• Assisting with compilation of Risk profiles.
• Full accountability for Reinsurance governance and controls.

Stakeholder Management

• External Reinsurers
• Reinsurance Brokers
• Internal Audit
• External Audit

Qualifications & Requirements

• Matric
• CA (SA) highly preferred
• 10 years’ experience in Insurance of which 5 in Reinsurance
• Take action to manage own personal development and encourage others to do the same.
• Lead a team and complete performance management cycle for direct reports.
• Effective Communication
• Negotiating
• Problem Solving
• High Level Influencer
• Relationships typically involve persuading or countering opposition
• Create people management plan to ensure human capability is in place as part of business planning process