Posted on: 10 February 2024
ID 901511

Reinsurance Accountant

Role Purpose

Responsible for the management of the reinsurance accounting function for Guardrisk non-life cell captive.

Requirements
  • Bcom
  • At least 3 years of accounting experience as a reinsurance accountant
Duties and Responsibilities
  • Balance sheet reconciliation implementation and management of all non-life clients reinsurance
  • Accounting for month end transactions for proportional reinsurance (cash calls and ad-hock)
  • Engaging with the general finance team on movements in the reinsurance financials
  • Engaging with the portfolio managers on movements in the reinsurance financials
  • Reporting internal and external on financial accounting for reinsurance
  • Management of the reinsurance accounting function for Guardrisk non-life cell captive
  • Preparation, reconciliation, and communication of proportional reinsurance accounts to the reinsurance market, clients and internally
  • Comprehensive reinsurance claims management for proportional reinsurance
  • Credit control on reinsurance client portfolio
  • Portfolio support and servicing by working closely with the portfolio manager and other stakeholders
  • Identify and resolve problem sources or escalate to relevant level of authority
  • Resolution of market enquiries on reinsurance matters
  • Preparation and submission of renewal information on client portfolio
  • Client reporting and engagement on reinsurance matters monthly for selected client portfolio
  • Participate and contribute to a culture which build rewarding relationships, facilitates feedback, and provides exceptional client service within the organisation
  • Management of the sub-ledger and reporting process of selected client portfolio
  • Attend and report at reinsurer meetings, as required
  • Attend and report at reinsurance broker meetings, as required
  • Client reporting and engagement on reinsurance matters monthly for selected client portfolio
  • Banking signatory for finance department
Occupation:
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