Reinsurance Accounting Lead

4 weeks ago


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

Bryte Insurance Company Limited is a leading commercial risk specialist in Southern Africa. We are seeking a highly skilled Reinsurance Accounting Lead to join our team.

The successful candidate will be responsible for the full end-to-end Reinsurance Accounting and Analytics process. This includes designing the Reinsurance strategy, implementing data and systems requirements, and participating in optimisation work to derive a recommended Reinsurance structure.

Key responsibilities include:

  • 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.

The ideal candidate will have a CA (SA) qualification and at least 10 years' experience in Insurance, with 5 years in Reinsurance. Strong communication, negotiating, problem-solving and high-level influencing skills are essential.



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