Johannesburg North: Senior Insurance Accountant posted by Network Finance

February 11, 2026 Jobs in Central Johannesburg

Network Finance

Gauteng

Finance/Accounting Management

Job Description

This is a hands-on senior role, requiring deep insurance accounting expertise and the ability to support, guide, and review the work of junior and mid-level Accountants. The successful candidate will be expected to operate independently, act as a technical point of reference, and ensure accuracy, compliance, and operational excellence across the insurance finance function.

Key Responsibilities:

Full ownership of insurance accounting for underwriting and insurance portfolios
Oversight and review of:
- Premium income recognition
- Claims accounting
- Commission accounting (brokers, UMAs, and agencies)
- Unearned Premium Provisions (UPR)
- Outstanding Claims Provisions (OCP / IBNR)
Review actuarial inputs and ensure correct accounting treatment
Manage and review month-end close processes for insurance portfolios
Ensure accurate journals, reconciliations, and financial reporting
Assist and support accountants and junior accountants with technical insurance queries
Act as the escalation point for complex insurance accounting issues
Liaise with auditors, actuaries, and internal stakeholders
Ensure strict adherence to insurance regulatory requirements, internal controls, and accounting standards
Contribute to process improvements and the strengthening of financial controls
Ensure that all work is completed accurately, timeously, and in line with compliance requirements

Qualifications & Experience:

BCom Accounting / Finance or a similar relevant degree
Minimum 5–8 years’ experience in an insurance accounting environment
Proven experience in:
- Technical insurance accounting (not general management accounting only)
- Reviewing and guiding junior finance staff
- Working with insurance-specific provisions and commission structures
Strong knowledge of insurance regulatory frameworks and compliance requirements
Audit experience within the insurance sector will be advantageous

Key Skills & Competencies:

Strong technical insurance accounting capability
Excellent analytical and numerical skills
High attention to detail and accuracy
Advanced Excel skills
Ability to work under pressure and meet tight deadlines
Confident communicator, able to explain complex matters clearly
Strong problem-solving ability with a proactive mindset
High levels of integrity, accountability, and professionalism

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For more information, contact:
Angelique Jardim
Specialist Recruitment Consultant

How to Apply

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About Finance/Accounting Management Jobs in Gauteng

In Gauteng, South Africa, the finance and accounting management field is a significant contributor to the province’s economy, with various industries relying on skilled professionals to manage their financial operations. Typically, this field offers stable employment opportunities with good prospects for career advancement. Generally, the demand for finance and accounting managers remains high across multiple sectors.

Salary expectations for finance and accounting management positions in Gauteng are generally broad and can vary widely depending on factors such as experience, company size, and industry sector. Broadly speaking, salaries typically range from R400 000 to R1 500 000 per annum, with senior roles often commanding higher remuneration packages. However, these figures are subject to change and may not reflect actual salaries for specific job openings.

Common skills required for finance and accounting management positions include proficiency in financial software, strong analytical and problem-solving abilities, excellent communication and leadership skills, experience with financial reporting and regulatory compliance, knowledge of financial management principles and practices, and a solid understanding of taxation laws. Typically, candidates with a degree in finance, accounting, or business administration are well-suited for these roles.

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Finance and accounting managers can be found across various industry sectors, including the financial services sector, technology industry, manufacturing sector, and more. The financial services sector, for example, often employs finance and accounting professionals to manage its operational finances, while the technology industry may require them to oversee the financial aspects of software development or IT projects.

Career progression opportunities in this field are generally good, with experienced finance and accounting managers often moving into senior roles such as department head or director of finance. Many companies also offer training and development programs to help employees acquire new skills and advance their careers.

This information provides general career guidance. Actual salaries and requirements vary by employer.

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