Reinsurance Accountant

Bryte Insurance

Johannesburg, Gauteng
Permanent
Full-time

1 month ago

Who we areBryte Insurance Company Limited is the premier, proactive commercial risk specialist in Southern Africa. Applying our unparalleled sector insights, proven expertise and foresight, we partner with customers and brokers to protect their businesses and improve their risk profile across the continent. Bryte Insurance Company Limited approaches customer risk with purpose, proactively working with brokers and customers to enable better risk decisions.Our opportunityThe provision of timely & accurate management of the reinsurance accounting function from system set up to capturing and reporting, as well as business partnering insights to the Bryte Leadership Team.Key AccountabilitiesFunctional ManagementYou would be required to assist in all aspects of the reinsurance accounting duties, including but not limited to:Reinsurance technical accounting

General ledger maintenance, including preparation of journal entries and analysis of accounts
Reconciliations of all reinsurance accounts
Reinsurance Statement of Accounts
Cash management
Monthly reinsurance reporting to stakeholders
Analysis of results and balances
Assistance with the new reinsurance system implementation
Preparation of reinsurance treaty statistics
Streamlining of processes
System set-up and testing of reinsurance treaties
System set-up and testing of facultative contracts
Change champion with regard to systems implementation.

Stakeholder ManagementStakeholders include

Functional Business Heads
Finance department
Reinsurance underwriting department
Exco
Reinsurers and Brokers

Leadership Accountabilities

Model behaviors that demonstrate commitment to Bryte’s guiding principles.
Take action to manage own personal development and encourage others to do the same.

Education and Experience

B.Com Accounting Degree
Minimum 3 years’ experience in finance roles in the insurance industry, preferably in reinsurance

Capabilities

Analytical
Financial management
Collaboration
Initiative
Problem solving
Strategic thinking
Knowledge sharing
Effective communication with internal and external stakeholders
Detail oriented, accurate and organized
Prioritize tasks and complete duties within a specified time frame.
Strong Microsoft Excel skills

Closing date : 16 February 2024

Bryte Insurance

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