Head: Reinsurance Accounting

Accurately control and process financial information and prepare financial reports and analysis to enable business processes in respect of reinsurance accounting.

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Role Purpose

Accurately control and process financial information and prepare financial reports and analysis to enable business processes in respect of reinsurance accounting.

Requirements

At least 7 10 years experience in accounting and or investments
At least 3 - 5 years management experience
At least 3 years Insurance experience
Degree in Financial Management or Accounting
CA / CFA / ACCA / CIMA (advantageous)

Duties & Responsibilities

Oversight of reinsurance financial management across the non-life license
Oversight of internal risk sharing financial management and contribute to the implementation of risk sharing strategy
Overall reinsurance system and process owner including reinsurance accounting policies, associated admin
Contribute to IFRS 17 requirements for reinsurance
Manage the various audits including external reinsurer, internal and financial audits
Manage reporting to internal and external stakeholders: reinsurance accounting, large loss, cash call and/ together with the Reinsurance Accounting Manager
Manage reinsurer debtor and creditors control effectively
Attend and contribute to client service and other meetings
Provide authoritative expertise and advice to external clients and internal stakeholders
Build and maintain relationships with external clients and internal stakeholders
Deliver on service level agreements made with internal and external stakeholders and clients
Make recommendations to improve client service within area of responsibility
Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service
Develop and maintain productive and collaborative working relationships with peers and stakeholders
Positively influence and participate in change initiatives
Continuously develop own expertise in terms of professional, industry and legislation knowledge
Contribute to continuous innovation through the development, sharing and implementation of new ideas
Take ownership for driving career development