Job Description

Closing Date 2025/09/11
Reference Number MMH250819-2
Job Title Head: Reinsurance Accounting
Position Type Permanent
Role Family Operations
Cluster Guardrisk
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Sandton
Introduction
Accurately control and process financial information and prepare financial reports and analysis to enable business processes in respect of reinsurance accounting.
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
Accurately control and process financial information and prepare financial reports and analysis to enable business processes in respect of reinsurance accounting.
Requirements

• At least 7 - 10 years experience in accounting and or investments
• At least 3 - 5 years management experience
• At least 3 years Insurance experience
• Degree in Financial Management or Accounting
• CA / CFA / ACCA / CIMA (advantageous)

Duties & Responsibilities

• Oversight of reinsurance financial management across the non-life license
• Oversight of internal risk sharing financial management and contribute to the implementation of risk sharing strategy
• Overall reinsurance system and process owner including reinsurance accounting policies, associated admin
• Contribute to IFRS 17 requirements for reinsurance
• Manage the various audits including external reinsurer, internal and financial audits
• Manage reporting to internal and external stakeholders: reinsurance accounting, large loss, cash call and/ together with the Reinsurance Accounting Manager
• Manage reinsurer debtor and creditors control effectively
• Attend and contribute to client service and other meetings
• Provide authoritative expertise and advice to external clients and internal stakeholders
• Build and maintain relationships with external clients and internal stakeholders
• Deliver on service level agreements made with internal and external stakeholders and clients
• Make recommendations to improve client service within area of responsibility
• Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service
• Develop and maintain productive and collaborative working relationships with peers and stakeholders
• Positively influence and participate in change initiatives
• Continuously develop own expertise in terms of professional, industry and legislation knowledge
• Contribute to continuous innovation through the development, sharing and implementation of new ideas
• Take ownership for driving career development

Competencies

• Business Acumen
• Collaboration
• Client/Stakeholder Commitment
• Impact and Influence
• Self-Awareness and Insight
• Drive for Results
• Leads Change and Innovation
• Diversity and Inclusiveness

Policy
We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

Skills Required