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  • Posted: May 15, 2024
    Deadline: Not specified
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  • Momentum Metropolitan Holdings, formerly MMI Holdings, is a South African-based financial services group was established on 1 Dec 2010, through the merger of Metropolitan and Momentum. We are specialists in long and short-term insurance, asset management, savings, investments, healthcare administration, health risk management, employee benefits and reward...
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    Reinsurance Accountant (Finance)

    Requirements

    • BCom degree 
    • At least 3 years experience as a reinsurance accountant 

    Duties & Responsibilities

    • Balance sheet reconciliation implementation and management of all non-life clients reinsurance
    • Accounting for month end transactions for proportional reinsurance (cash calls and ad-hock)
    • Engaging with the general finance team on movements in the reinsurance financials
    • Engaging with the portfolio managers on movements in the reinsurance financials
    • Reporting internal and external on financial accounting for reinsurance
    • Preparation, reconciliation, and communication of proportional reinsurance accounts to the reinsurance market, clients and internally
    • Comprehensive reinsurance claims management for proportional reinsurance
    • Credit control on reinsurance client portfolio
    • Portfolio support and servicing by working closely with the portfolio manager and other stakeholders
    • Identify and resolve problem sources or escalate to relevant level of authority
    • Resolution of market enquiries on reinsurance matters
    • Preparation and submission of renewal information on client portfolio
    • Client reporting and engagement on reinsurance matters monthly for selected client portfolio
    • Participate and contribute to a culture which build rewarding relationships, facilitates feedback, and provides exceptional client service within the organisation
    • Management of the sub-ledger and reporting process of selected client portfolio
    • Client reporting and engagement on reinsurance matters monthly for selected client portfolio
    • Banking signatory for finance department

    Competencies

    • Planning and organising skills.
    • Networking skills
    • Innovative
    • Analytical thinking
    • Interpersonal skills
    • Excellent verbal and written communication
    • Ability to work accurately under pressure and meet deadlines

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