Job Description
About the Role
The Head of Reinsurance Accounting is a critical role that requires expertise in reinsurance accounting and analytics, with a focus on designing and implementing reinsurance strategies, managing data and systems requirements, and ensuring compliance with regulatory requirements. The successful candidate will be responsible for leading a team and driving business growth through effective stakeholder management, risk profiling, and capital modelling.
Key Responsibilities
- 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.
Requirements
- Matric
- CA (SA) highly preferred
- 10 years’ experience in Insurance, of which 5 in Reinsurance
Qualifications
- Formal education/certifications: [No qualifications mentioned]
Salary & Benefits
- Salary range: [Salary range not mentioned]
- [No benefits mentioned]
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other IT/Computer Jobs in South Africa
In South Africa, the IT and computer industry is a significant contributor to the country’s economy, with a diverse range of job opportunities available across various sectors. Typically, these roles involve working with technology to drive business growth, improve efficiency, and enhance customer experience. Generally, careers in this field require a strong understanding of technical concepts and a willingness to adapt to changing technologies.
When it comes to salary expectations, it’s common for IT and computer professionals in South Africa to earn broad ranges that can vary significantly depending on factors such as experience, company size, and industry sector. Typically, entry-level positions may offer salaries between R400 000 and R600 000 per annum, while more senior roles can command higher figures, often ranging from R800 000 to R2 million or more, depending on the specific requirements of the job.
Common skills for IT and computer professionals in South Africa typically include proficiency in programming languages such as Java, Python, or C++, as well as experience with operating systems like Windows, Linux, or macOS. Data analysis and visualisation tools like Tableau, Power BI, or D3.js are also often required, particularly in roles involving data science or business intelligence. Additionally, IT professionals should be familiar with cloud computing platforms like AWS, Azure, or Google Cloud, as well as cybersecurity principles to protect against threats. Other essential skills may include project management, collaboration tools like Slack or Trello, and a solid understanding of database management systems.
Industries that commonly employ IT and computer professionals in South Africa include the financial services sector, technology industry, manufacturing sector, and public sector organisations. These sectors often require specialists to design, implement, and maintain complex technological systems, ensuring they operate efficiently and securely.
Career development opportunities for IT and computer professionals in South Africa are diverse and varied. Typically, entry-level roles provide a solid foundation for progression into mid-tier positions, where professionals can take on more senior responsibilities and develop their technical expertise. With experience, it’s common to move into leadership roles or transition into related fields like data science, artificial intelligence, or cybersecurity. Many companies also offer opportunities for training, certification, and continuing education to support the ongoing development of their employees’ skills and knowledge.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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