CLIENT ACCOUNTANT

SUMMARY:
CLIENT ACCOUNTANT

POSITION INFO:

Rosebank

An insurance company operating in the Corporate Risk Finance, Alternative Distribution and Underwriting Management

Agencies sectors. A vibrant and innovative company with both a non-life and life cell captive license. Provide business partners and insurance clients with the ability to participate in the risk and benefits related to their individual insurance business.

The Client Accountant will report to the Head: Operational Finance and will be responsible for the following:

Key responsibilities

Process underwriting results per client onto the general ledger including premium, reinsurance premium, claims, recoveries, commissions and fees.

Process reserves per client onto the general ledger i.e. outstanding claims, Incurred But Not Reported (“IBNR”), unearned premium reserve as well as corresponding reinsurance portions.

Process income tax per client onto the general ledger.

Process cashbook transactions and any other required journal entries per client onto the general ledger.

Prepare Balance Sheet reconciliations per client.

Prepare client financial statements and client policy statements and any other financial reports as required.

Collection of premium and reinsurance debtors.

Pay reinsurers and submit reinsurance bordereaux.

Pay administrators and other creditors associated with the client portfolio.

Respond to client queries and attend client meetings when required.

Competencies, Knowledge and Skills

• Gathering and handling of information.
• Deadline driven and ability to work under pressure.
• Ability to work in a team.
• Energetic and resilient.
• Good communication and interpersonal skills.
• Good understanding and ability to apply knowledge of accounting, income tax and Value Added Tax (“VAT”).
• VAT with insurance accounting
• Candidate review considerations
• Accounting degree or similar.
• Work experience in same position
• Insurance industry experience. essential