Head of Reinsurance Accounting (Pretoria)

AtripleA; South Africa; On-site; ZAR 1 200 000 - 1 500 000; Full time

Job summary

A leading insurance firm in South Africa is seeking a Head of Reinsurance Accounting to oversee end-to-end Reinsurance Accounting and Analytics process. This role requires significant experience in Insurance with a focus on Reinsurance, strong communication skills, and the ability to manage financial targets of up to R1 billion. The successful candidate will lead a team and ensure robust governance and controls in Reinsurance processes. Competitive compensation and benefits offered.

Qualifications

• 10 years' experience in Insurance of which 5 in Reinsurance.
• Take action to manage own personal development and encourage others.
• Lead a team and complete performance management cycle for direct reports.

Responsibilities

• Full responsibility for monthly, quarterly, and annual Reinsurance reporting and analysis.
• Sourcing, reconciling, and obtaining Reinsurance data modelling requirements.
• Designing and implementing system and process solutions for Reinsurance agreements.

Skills

Effective Communication

Negotiating

Problem Solving

High Level Influencer

Education

CA (SA) highly preferred

Matric

Job description

Overview

Job Title: Head of Reinsurance Accounting

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.

Responsibilities

• 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

How to apply

To apply, please submit your CV, as well as your latest payslip, to [e-mail]