ReInsurance Finance Controller - (EE) - Cape Town

 

Recruiter:

5th Dimension Consulting

Job Ref:

ReInsurance Finance ..

Date posted:

Thursday, May 20, 2021

Location:

CapeTown, South Africa

Salary:

negotiable


SUMMARY:
Seeking a Reinsurance Financial Controller with an Accounting or Reinsurance Qualification (minimum 3 year degree) plus 3 -5 years experience in a reinsurance financial role, for an EE position based in Cape Town.

POSITION INFO:

 Job Role

Provide financial support to the Reinsurance Buying Department and be the source of financial

information and the link between the various business partners and the company. Actively participate in the daily functions and various reporting needs both internally & externally.

 Responsibilities

  • Financial performance reporting
    • Financial reports for the fronting, inter group/inter Business Unit transactions.
    • Compiling of Financial Performance Reports for Stakeholders.
    • FSB Reporting
    • External audit reporting
  • Review and approve technical accounts and payments to ensure the completeness of transactions to RI brokers/reinsurers.
  • Assisting with the implementation of IFRS and Reinsurance Optimization Projects.
  • Validation and control function of monthly reconciliations.
  • Verify variances of underwriting results against budgets.
  • Management of Reinsurance Contracts.

 Requirements

Qualifications

  • Accounting or Reinsurance Qualification (minimum 3 year degree).

Experience

  • Minimum of 3-5 years in similar financial role.

Skills/ Knowledge

  • Reinsurance knowledge - understanding reinsurance terminology and interpretation of contracts.
  • Financial management.
  • Proven business acumen and experience.
  • Success in working with cross-functional groups both internal and external to the organization.
  • Excellent communication - both verbal and written.
  • MS Office with advanced Excel skills.
  • Credit control and reconciliation experience.
  • Processing of financial transactions up to balance sheet.

 Competencies

  • Drives results
  • Deciding and initiating action
  • Leading and supervising
  • Collaborates
  • Client focus
  • Flexibility and adaptability
  • Strategic decision making
  • Analytical thinking
  • Business acumen
  • Data analysis
  • Strategic mindset


 

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