Job Description
Job Description:
The Head of Reinsurance Accounting is responsible for the full end-to-end Reinsurance Accounting and Analytics process and will participate in designing the Reinsurance strategy, together with the subsequent implementation, including data and systems requirements. Involvement in the optimisation work to help derive a recommended Reinsurance structure.
Key Performance Areas:
Functional Management
Full responsibility for monthly, quarterly, and annual Reinsurance reporting and analysis.
Sourcing, reconciling, and taking full responsibility for obtaining and providing Reinsurance data modelling requirements.
Designing and implementing system and process solutions for all Reinsurance agreements put in place.
Active participation at Reinsurance forum meetings.
Managing Internal and External Audit engagement issues.
Ensuring Reinsurance Claims are fully recovered and accounted for across all treaties.
Responsible for setting and obtaining financial Reinsurance targets of up to a R1 billion.
Advising on the Reinsurance strategy; including the SAM impacts.
Providing input into Capital modelling and management.
Assisting with compilation of Risk profiles.
Full accountability for Reinsurance governance and controls.
Stakeholder Management
Stakeholders include:
External Reinsurers
Reinsurance Brokers
Internal Audit
External Audit.
Qualifications & Requirements
Matric
CA (SA) highly preferred
10 years’ experience in Insurance of which 5 in Reinsurance
Take action to manage own personal development and encourage others to do the same.
Lead a team and complete performance management cycle for direct reports.
Effective Communication
Negotiating
Problem Solving
High Level Influencer
Relationships typically involve persuading or countering opposition
Create people management plan to ensure human capability is in place as part of business planning process
To apply, please submit your CV, as well as your latest payslip, to .za
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other IT/Computer Jobs in Gauteng
The IT and computer industry is one of the most dynamic and growing sectors in Gauteng, with a thriving job market that offers a wide range of opportunities for career advancement.
In terms of salary ranges, IT professionals in Gauteng can expect to earn anywhere from R800 000 per annum for junior positions to over R2 million for senior executives. The average salary for software engineers is around R1.5 million, while data analysts can earn between R900 000 and R1.2 million. With experience and skills, IT professionals in Gauteng can expect significant salary increases, with some roles offering bonuses and benefits that can increase their overall remuneration.
To succeed in the IT industry in Gauteng, candidates need to possess a range of key skills, including programming languages such as Java, Python, and C++, as well as experience with databases, cloud computing, and cybersecurity. Strong problem-solving skills, attention to detail, and excellent communication skills are also essential for success in this field. Additionally, knowledge of ITIL (Information Technology Infrastructure Library) and Agile methodologies can be highly valued by employers.
Several major companies and industries in Gauteng are currently hiring IT professionals, including technology firms such as Microsoft, IBM, and Oracle, as well as banks and financial institutions like Standard Bank and Nedbank. The finance industry is also a significant employer of IT staff, with roles ranging from software development to data analytics and cybersecurity.
Career growth opportunities are abundant in the IT industry in Gauteng, with many companies investing heavily in employee training and development programs. With experience and skills, IT professionals can move into senior leadership positions or start their own businesses, while also pursuing further education and certifications. The Johannesburg Stock Exchange (JSE) is also a significant employer of IT staff, with roles ranging from software development to data analytics and cybersecurity.
Overall, the IT industry in Gauteng offers a wide range of exciting career opportunities for job seekers with the right skills and experience. With salaries that are competitive with those offered by major companies globally, there has never been a better time to pursue a career in this dynamic and rapidly evolving field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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