Chief Reinsurance Financial Manager
1 month ago
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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