Head: Reinsurance Accounting

2 weeks ago


Johannesburg, Gauteng, South Africa Bryte Insurance Company Limited Full time

Who we are

Bryte 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 opportunity

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.

Requirements

Key Tasks & Accountabilities

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

External Reinsurers Reinsurance Brokers Internal Audit External Audit

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. Lead a team and complete performance management cycle for direct reports. Create people management plan to ensure human capability is in place as part of business planning process.

Education and Experience

CA (SA) highly preferred 10 years' experience in Insurance of which 5 in Reinsurance

Capabilities

Effective Communication Negotiating Problem Solving High Level Influencer Relationships typically involve persuading or countering opposition

Closing date: 11 July 2023

Work Level Senior Management Job Type Permanent Salary Market Related EE Position No Location Johannesburg

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