Chief Reinsurance Financial Manager

1 month ago


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

Bryte Insurance Company Limited Overview

We are a proactive commercial risk specialist in Southern Africa, partnering with customers and brokers to protect their businesses and improve their risk profile across the continent.

Job Summary: The Head of Reinsurance Accounting is responsible for the full end-to-end Reinsurance Accounting and Analytics process, designing the Reinsurance strategy, and implementing systems and processes. We seek a Senior Management professional to lead this critical function.

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.
  • 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 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

  • CA (SA) highly preferred.
  • 10 years' experience in Insurance, with 5 years in Reinsurance.

Location: Johannesburg

Estimated Salary Range: R800,000 - R1,200,000 per annum, depending on experience.



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