Job Description

Reference Number:

2707

Contract Type:

Regular

Working Time:

Full-Time
Hannover Re - with around 3,900 employees at locations all over the world. Our strength? Connecting Power: We rely on each other. As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world and a reliable employer.


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. See more details related to the role below, which is available on a

permanent full-time basis

commencing at the earliest possible date as a Junior Technical Accountant.

You can look forward to

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. The application of current relevant legislation and guidelines such as VAT and Sanctions etc. as required. Preparation of cedent reconciliations; following up on outstanding accounts; obtain and reconcile performance based commissions on time and according to treaty terms and conditions; analyse 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. This includes business units such as Underwriting, Actuarial and Finance.

You come equipped with

Essential - Degree in finance, accounting, business or similar qualification Minimum of 2-4 years' experience within an insurance environment Preferred experience within a reinsurance environment Essential - understanding of basic bookkeeping terms/accounting principles (debits, credits, income, expense, assets and liabilities); strong reconciliation skills and experience Ability to critically assess and review own work done Essential Computer skills - Intermediate level MS Outlook, Word and Excel 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 are just some of our benefits.

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!

No need to upload a photo - it won't impact your application. Apply simply and securely by clicking on the ,,apply now"-button.

You can find out more about our working environment, your entry options and development opportunities at www.hannover-re.com/en/career.