Job Description
- Accounting: Contribute to accurate financial reporting by collecting and processing accounts efficiently and in accordance with treaty terms. Apply relevant legislation and guidelines such as VAT and Sanctions; prepare cedent reconciliations; follow up on outstanding accounts; obtain and reconcile performance-based commissions; and analyse treaty statistics to recommend adjustments where appropriate.
- Claims: Support effective capital management by processing claims information accurately, ensuring reserves are updated and relevant.
- Credit Control: Strengthen financial stability by ensuring balances receivable are collected timeously, large payments are advised to stakeholders, and reconciled payments are processed when due.
- Data Quality Management: Enhance data accuracy by engaging underwriters to correct treaty encoding discrepancies (e.g. signed shares, VAT conditions, brokerage and commission percentages, etc.).
- Communication & Stakeholder Management: Collaborate and communicate effectively with internal and external stakeholders, including Underwriting, Actuarial, and Finance teams, providing critical updates and resolving account queries efficiently.
Job Experience and Skills Required:
- Education: Degree in Finance, Accounting, Business, or a related qualification (essential)
- Experience: Minimum of 2–4 years’ experience in a finance environment (essential); prior experience within insurance or reinsurance preferred
- Technical Skills: Sound understanding of basic bookkeeping and accounting principles (debits, credits, income, expenses, assets, and liabilities)
- Core Competencies: Strong reconciliation skills, accuracy under pressure, and proficiency in MS Excel and accounting systems
Apply now!
For more exciting Finance vacancies, please visit: www.********.co.za
I also specialise in recruiting within:
· Financial Services
· Reinsurance & Insurance
· Investment & Asset Management
· Private Equity
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles/positions.
For more information, contact:
Shardini Maduray
Recruitment Specialist
Connect with me on LinkedIn! www.********.co.za
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