Reinsurance Technical Accounts Expert

2 months ago

Johannesburg, Gauteng, South Africa EMPIRE RECRUITMENT Full time

Job Summary

Empire Recruitment is seeking a highly skilled Reinsurance Technical Accounts Specialist to join our team. In this pivotal role, you will play a crucial part in the meticulous management of reinsurance technical accounts, ensuring accurate and timely processing and reporting.

Key Responsibilities

  • Review data entry for Facultative, Proportional, and Non-Proportional Treaty Accounting, ensuring precision and accuracy in financial reports.
  • Supervise all aspects of Reinsurance Technical Accounts, guaranteeing seamless processing and reporting.
  • Review monthly reports and reconciliations for accuracy, identifying and addressing any discrepancies.
  • Monitor outstanding losses balances and contribute to the preparation of quarterly reports, providing valuable insights to management.
  • Calculate profit commissions to facilitate informed financial decisions, ensuring the company's growth and success.
  • Prepare detailed Age-Analysis Reports for management, highlighting trends and areas for improvement.
  • Contribute to the preparation of quarterly and year-end reports, providing a comprehensive overview of the company's financial performance.
  • Collaborate in resolving client queries promptly and effectively, ensuring excellent customer service.
  • Authorise and release disbursements via the online banking system, ensuring secure and efficient financial transactions.
  • Handle processing of Reinsurance Treaty and Facultative Accounts, maintaining accurate records and reconciliations.
  • Accurately capture journal entries onto the accounting system, ensuring timely and accurate financial reporting.
  • Ensure smooth month-end processing and reporting, guaranteeing a seamless transition to the next period.
  • Oversee cash calls and claims processing for optimal accuracy, ensuring timely and efficient financial transactions.
  • Take charge of credit control, including follow-ups with Brokers for balances, maintaining a positive and professional relationship with clients.
  • Maintain cashbooks and perform bank reconciliations for Premium and Claim Bank Accounts, ensuring accurate and up-to-date financial records.
  • Calculate monthly forex gain/loss on cash receipt transactions, providing valuable insights to management.
  • Support in the calculation and booking of premiums and claims recoveries, ensuring accurate and timely financial reporting.
  • Collaborate with Underwriting Departments, Brokers, and Clients to address queries, providing excellent customer service and ensuring a positive experience.
  • Uphold the integrity of data and contract setup within reinsurance systems, maintaining accurate and reliable financial records.

Qualifications and Skills

  • Minimum of 3 years' experience in a similar role within the insurance industry, with a strong understanding of reinsurance technical accounts and financial reporting.
  • Proficiency in accounting software, including Accpac, with the ability to accurately capture journal entries and maintain accurate financial records.
  • Strong analytical skills and a keen eye for detail, with the ability to identify and address discrepancies in financial reports.
  • Exceptional organisational and time management skills, with the ability to prioritise tasks and meet deadlines.
  • Excellent communication skills for effective query resolution, with the ability to collaborate with clients, brokers, and underwriting departments.
  • Sound knowledge of financial reporting and accounting principles, with the ability to accurately capture and report financial data.
  • Proven ability to maintain accurate records and reconciliations, with a strong understanding of reinsurance technical accounts and financial reporting.
  • Adept at using Microsoft Office Suite, particularly Excel, with the ability to accurately capture and report financial data.
  • Collaborative approach to teamwork and problem-solving, with the ability to work effectively with clients, brokers, and underwriting departments.
  • Ability to thrive in a fast-paced and dynamic work environment, with a strong understanding of reinsurance technical accounts and financial reporting.

  • Reinsurance Technical Accounts Specialist

    1 month ago

    Johannesburg, Gauteng, South Africa EMPIRE RECRUITMENT Full time

    **Role Overview**We are seeking a highly skilled Reinsurance Technical Accounts Specialist to join our team at Empire Recruitment. This is an excellent opportunity for experienced professionals to leverage their expertise and contribute to the critical backbone of our operations.**Key Responsibilities:**Accurately review data entry for Facultative,...

  • Chief Reinsurance Financial Manager

    1 month ago

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

    Bryte Insurance Company Limited OverviewWe 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,...

  • Technical Refrigeration Expert

    2 months ago

    Johannesburg, Gauteng, South Africa E&D Recruiters Full time

    Job Title: Technical Refrigeration ExpertAbout the Role:We are seeking a talented Technical Refrigeration Expert to join our team at E&D Recruiters. As a Technical Refrigeration Expert, you will provide technical and product support to clients, design and quote refrigeration systems, and possess a fundamental knowledge of the refrigeration...

  • Insurance Industry Accountant

    2 months ago

    Johannesburg, Gauteng, South Africa EMPIRE RECRUITMENT Full time

    Technical Accountant OpportunityWe are seeking an experienced Technical Accountant to join our team at Empire Recruitment. The successful candidate will be responsible for preparing and reviewing finance technical short-term insurance reporting, as well as assisting in managing premium collection reconciliations, tape submissions and premium & fee...

  • Life Actuarial Pricing Specialist

    1 month ago

    Johannesburg, Gauteng, South Africa Munich Re Full time

    Job OverviewWe are seeking an experienced Actuarial Analyst to join our Technical Pricing Team in the Life Retail Product and Pricing department. This team is responsible for ensuring profitable reassurance business across South Africa and Sub Saharan Africa, adding value to new business and embedded value through appropriate pricing, experience monitoring,...

  • Pricing Expert for Life Retail Product and Pricing

    3 weeks ago

    Johannesburg, Gauteng, South Africa Munich Re Full time

    Job OverviewWe are seeking a seasoned Actuarial Analyst to join our Technical Pricing Team in the Life Retail Product and Pricing department. This team ensures profitable reinsurance business across South Africa and Sub Saharan Africa.

  • Strategic Accounting Expert

    3 weeks ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Network Recruitment is seeking a highly skilled Senior Accounting Consultant to join their team. This role offers an attractive salary of $120,000 per annum.About the RoleThe Senior Accounting Consultant will be responsible for providing expert accounting advice and guidance to clients. This will include developing financial strategies that align with client...

  • Senior Marine Claims Specialist

    3 weeks ago

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

    Job SummaryWe are seeking a skilled Senior Marine Claims Specialist to join our team at Bryte Insurance Company Limited in Gauteng, South Africa. The ideal candidate will have 5+ years of experience in marine claims and possess excellent technical knowledge of products and services.About the RoleProminent Claim Handling: Promptly handle marine claims and...

  • Technical Expert

    7 days ago

    Johannesburg, Gauteng, South Africa Aim Personnel Services Full time

    Aim Personnel Services is a leading recruitment agency, and we are currently seeking a talented Technical Expert to join our team in Industria. As a Technical Expert, you will play a crucial role in ensuring the smooth operation of our systems and processes. In return, you will receive a competitive salary of R75 000ctc and the chance to work with a dynamic...

  • Technical Sales Expert

    3 days ago

    Johannesburg, Gauteng, South Africa IOCO Full time

    iOCO seeks an experienced Technical Sales Expert to join our team. As a Technical Sales Expert, you will be responsible for promoting and selling data integration and management solutions, focusing on Qlik and Talend technologies.Main Responsibilities:Identify new business opportunities and build client relationships.Promote and sell data integration and...

  • Accounting Expert Role

    7 days ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Accounting Expert Role:We are seeking an experienced Accounting Expert to join our team at Network Recruitment. As an Accounting Expert, you will be responsible for managing the financial functions of the company, including financial reporting, budgeting, and forecasting.Responsibilities:Prepare and review financial reports, including income statements,...

  • Technical Solutions Expert

    1 day ago

    Johannesburg, Gauteng, South Africa Black Pen Recruitment Full time

    Job DescriptionWe are seeking a skilled Technical Solutions Expert to join our team at Black Pen Recruitment. This role will involve managing technical relationships with merchants, guiding them through the implementation process, and troubleshooting technical issues.About the RoleThis is a full-time/permanent position that offers a unique opportunity to...

  • Financial Accountant Expert

    7 days ago

    Johannesburg, Gauteng, South Africa The Recruitment People Full time

    Job Title: Financial Accountant ExpertThe Recruitment People is seeking a highly skilled Financial Accountant Expert to join our team. This role involves full financial accounting functions up to management accounts, assisting during audits and tax compliance.Main Responsibilities:Budgeting and forecasting to ensure accurate financial planning.Tax...

  • Accounting Expert for Manufacturing

    7 days ago

    Johannesburg, Gauteng, South Africa Aim Personnel Full time

    Job Title: Accounting Expert for ManufacturingWe are seeking an experienced Accounting Expert to join our team in Johannesburg.Salary: R85,000 per annumAbout the Role:This is a fantastic opportunity to utilize your accounting expertise in a dynamic manufacturing environment.Responsibilities:Manage all financial aspects of the organization.Develop and...

  • Insurance Valuations Expert

    3 weeks ago

    Johannesburg, Gauteng, South Africa Planned Talent Full time

    Company OverviewPlanned Talent is a renowned recruitment agency specializing in the insurance industry, connecting top talent with leading organizations.Estimated Salary: $120,000 - $180,000 per annum, depending on experience and qualifications.Job DescriptionWe are seeking an experienced Insurance Valuations Expert to join our client's team. As a key member...

  • Accounting and Compliance Expert

    6 days ago

    Johannesburg, Gauteng, South Africa Pronel Personnel Full time

    **Job Title:** Accounting and Compliance ExpertPronel Personnel is seeking an experienced Accounting and Compliance Expert to join their team.The successful candidate will be responsible for ensuring compliance with relevant laws and regulations, as well as maintaining accurate financial records.Responsibilities:Compliance: Ensuring compliance with relevant...

  • Technical Compliance Expert

    3 days ago

    Johannesburg, Gauteng, South Africa RB Consulting Full time

    We are seeking a Technical Compliance Expert to join our B-BBEE verification team. Estimated salary: $80,000 - $110,000 per annum.The successful candidate will have extensive knowledge of B-BBEE legislation and codes, with at least 10 years of experience in B-BBEE verification or a related field. A Bachelor's degree in Business, Finance, Law, or Economics is...

  • Accounting and Finance Expert

    3 days ago

    Johannesburg, Gauteng, South Africa Lexdan Select Full time

    About the Role: Accountant and Finance Expert at Lexdan SelectWe're looking for an experienced accountant and finance expert to join our team at Lexdan Select. As a key member of our finance function, you will play a crucial role in driving business growth and success through effective financial planning and analysis.Main Responsibilities:- Prepare and...

  • Sales Technical Expert

    7 days ago

    Johannesburg, Gauteng, South Africa Aim Personnel Services Full time

    We are looking for a highly motivated and experienced Sales Technical Expert to join our team in the West Rand area. As a Sales Technical Expert, you will play a key role in supporting our sales team by providing technical knowledge and expertise to customers and clients.Estimated salary: R280,000 - R350,000 per annumKey Responsibilities:To provide technical...

  • SAGE Expert

    7 days ago

    Johannesburg, Gauteng, South Africa Imizizi Full time

    Job Overview: SAGE ExpertImizizi is seeking a seasoned SAGE Expert to lead our finance team. As a senior member of our staff, you will be responsible for providing expert guidance on SAGE accounting software, managing financial transactions, and ensuring compliance with regulatory requirements.Main Accountabilities:Provide technical support and training on...