Reinsurance Accountant

Neptune; Gauteng; On-site; ZAR 550,000 - 850,000; Full time

Job summary

Hollard is seeking a detail-focused Reinsurance Accountant to manage reinsurance financial operations, ensuring accurate reporting and strong controls.

You’ll work with complex financial data, large-scale transactions and key stakeholders to support governance and risk management while delivering dependable service.

Qualifications

• Experience with treaty accounts and reinsurance premium calculations.
• Strong analytical skills with ability to investigate variances.
• Knowledge of insurance and reinsurance accounting standards.

Responsibilities

• Preparing accurate treaty accounts including quota share, commission and excess-of-loss premium calculations.
• Analysing monthly underwriting results, investigating variances and ensuring journals are processed on time.
• Maintaining large-loss schedules and supporting month-end and quarter-end reporting.
• Preparing monthly balance-sheet reconciliations and monitoring movements.
• Managing reinsurance creditor and debtor accounts, including payments and settlements.
• Supporting facultative payment authorisations and following up on outstanding balances.
• Maintaining strong financial controls and compliance with accounting standards.
• Supporting governance, regulatory and risk-management requirements.
• Partnering with Finance, Underwriting and Reinsurance stakeholders to provide reliable financial information.
• Contributing to Hollard’s commitment to fair customer outcomes and operational excellence.

Skills

Detail-oriented

Commercial acumen

Stakeholder management

Job description

Join a Team That Protects Possibilities

At Hollard, we believe better futures need strong financial foundations. Behind every policy and claim is a team making sure the numbers balance, the risks are understood and the business remains financially sound. We’re looking for a detail-focused, commercially minded Reinsurance Accountant to help manage our reinsurance financial operations. You’ll work with complex financial data, large-scale transactions and key stakeholders, helping us maintain accurate reporting, strong financial controls and effective risk management.

You’ll make your mark by:

• Preparing accurate and timely treaty accounts, including quota share, commission and excess-of-loss premium calculations.


• Analysing monthly underwriting results, investigating variances and ensuring journals are processed within reporting deadlines.


• Maintaining large-loss schedules and supporting month-end and quarter-end reporting.


• Preparing monthly balance-sheet reconciliations, monitoring movements and resolving aged or outstanding items.


• Managing reinsurance creditor and debtor accounts, including payments, recoveries, receipts and treaty settlements.


• Supporting facultative payment authorisations and following up on outstanding balances.


• Maintaining strong financial controls and ensuring compliance with insurance and reinsurance accounting standards.


• Supporting governance, regulatory and risk-management requirements, while identifying opportunities to improve processes.


• Partnering with Finance, Underwriting and Reinsurance stakeholders to provide accurate financial information and dependable service.


• Contributing to Hollard’s commitment to fair customer outcomes and operational excellence.