Re-insurance Accountant: Rosebank – Life Insurance

Posted on Insurance Industry, Life insurance

Re-insurance Accountant

Market Related

Rosebank, Johannesburg

We are urgently looking for a Reinsurance Accountant to join and established life insurance Corporate Company in Rosebank.


Responsible for the administration, accounting, and reporting requirements of the re-insurance function within the Group Risk division.

  • Re-insurance technical accounting and input to the general ledger for local and international treaties for RI inwards and out
  • Monthly reporting to stakeholders
  • Preparation of monthly, quarterly, and annual re-insurance bordereaux
  • Reconciliation of re-insurance accounts and settlements
  • Preparation of re-insurance schedules and submission to re-insurers
  • Respond to queries from internal stakeholders and re-insurers
  • Administration of existing and new treaties
  • Input to negotiation of new treaties
  • Set up and testing of new treaties on IT system
  • Input to processes or systems impacting re-insurance function
  • Continuous improvement of processes and outputs in re-insurance function

Required Qualifications

  • Appropriate bachelor’s degree
  • 2 years’ experience in similar role, preferably in Life insurance industry


Required Knowledge and Skills

  • Strong knowledge of re-insurance structures, administration, accounting, and reporting
  • Advanced Excel skills
  • Attention to detail
  • Delivery oriented
  • Effective communication, written and verbal, internal and external stakeholders

Email resume:

Job Information

Status: Open Job type: Full Time Salary: Negotiable Publish date: 09 Nov 2020 Expire in: 5 days

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