SUMMARY:
Reinsurance Controller/Accountant/Cape Town
POSITION INFO:
Reinsurance Controller/Accountant/Cape Town
Provide financial support to the Reinsurance Buying Department and be the source of financial information and the link between the various business partners.
Actively participate in the daily functions and various reporting needs both internally and externally.
Financial performance reporting
• Financial reports for the fronting, inter group/inter BU transactions.
• Compiling of Financial Performance Reports for Stakeholders.
• FSB Reporting
• External audit reporting
Review and approve technical accounts and payments to ensure the completeness of transactions to RI brokers/reinsurers.
Assisting with the implementation of IFRS and Reinsurance Optimization Projects.
Validation and control function of monthly reconciliations.
Verify variances of underwriting results against budgets.
Management of Reinsurance Contracts
• Matric
• Accounting or Reinsurance Qualification (minimum 3 year degree).
• Minimum of 3-5 years in similar financial role
• Reinsurance knowledge - understanding reinsurance terminology and interpretation of contracts.
• Financial management.
• Proven business acumen and experience.
• Success in working with cross-functional groups both internal and external to the organization.
Excellent verbal and written communication
MS Office with advanced Excel
Credit control and reconciliation experience
• Processing of financial transactions up to balance sheet
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