Job Title: Head of Reinsurance Accounting (Rosebank)

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 *****@*****.co.za

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