Junior Technical Accountant, 2825

Hannover Re; Johannesburg; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A global reinsurer in Johannesburg is seeking a Junior Technical Accountant to contribute to financial reporting and claims processing. The ideal candidate has 2-4 years of experience in insurance and a degree in finance or accounting. This permanent full-time position offers a supportive international work environment with benefits for personal development and flexibility.

Benefits

Flexible working hours

Structured onboarding

Health management programs

Qualifications

• 2-4 years' experience within an insurance environment.
• Strong understanding of accounting principles.
• Ability to critically assess and review own work.

Responsibilities

• Contribute to accurate financial reporting and data quality management.
• Process claims information accurately and efficiently.
• Engage with stakeholders regarding account status and queries.

Skills

Reconciliation skills

Critical assessment

Basic bookkeeping terms

Communication skills

Intermediate MS Excel

Intermediate MS Word

Intermediate MS Outlook

Education

Degree in finance, accounting, business or similar

Tools

MS PowerPoint

Job description

Overview

Get AI-powered advice on this job and more exclusive features. If you have a strong accounting background in financial services or the insurance / reinsurance industry, then Hannover Re South Africa Limited office in Johannesburg / South Africa, has just the role for you. This is a permanent full-time position for a Junior Technical Accountant starting at the earliest possible date.

Responsibilities

Accounting: Contribute to the accurate reporting of the performance and financial position of the company by collecting accounts in a timely fashion and processing them accurately and efficiently in accordance with treaty terms and conditions. Apply current relevant legislation and guidelines such as VAT and Sanctions as required. Prepare cedent reconciliations; follow up on outstanding accounts; obtain and reconcile performance-based commissions on time and according to treaty terms and conditions; analyze treaty statistics within own portfolio and request adjustments to performance-based commissions where appropriate.

Claims: Contribute to the effective capital management of the company by processing claims information accurately and efficiently and ensuring that reserves are updated and relevant.

Credit Control: Contribute to a stable investment income by ensuring that reconciled balances receivable are collected in a timely manner and that large payments to be made are advised to relevant stakeholders and that reconciled payments are made when due.

Data quality management: Enhance data quality by requesting underwriters to amend treaty encoding where this does not match the wording e.g. signed shares, VAT conditions, brokerage percentage, commission percentage, responsible underwriter, responsible technical accountant etc.

Communication and stakeholder management: Engage with and effectively communicate with internal and external stakeholders regarding queries, feedback and critical information regarding the status of accounts and the impact on the business, including business units such as Underwriting, Actuarial and Finance.

Qualifications

Essential: Degree in finance, accounting, business or similar qualification.

Essential: Minimum of 2‑4 years' experience within an insurance environment.

Essential: Understanding of basic bookkeeping terms / accounting principles (debits, credits, income, expense, assets and liabilities); strong reconciliation skills and experience.

Essential: Ability to critically assess and review own work done.

Essential Computer skills: Intermediate level MS Outlook, Word and Excel.

Preferred: Experience within a reinsurance environment.

Preferred Computer skills: MS PowerPoint.

Employment Equity

Employment Equity South African Citizens as qualified by the Employment Equity Act will be given preference in relation to the company's Employment Equity Plan. A relevant work permit is required if a foreign national or non‑South African citizen applies for the role.

What We Offer

Atmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.

Benefits: Structured onboarding, flexible working hours, benefits superior to those of the collective agreement as well as modern offers for personal development, health management and work‑life balance.

Prospects: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!

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