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  • Posted: May 28, 2021
    Deadline: Not specified
  • Santam Limited is the largest short-term insurer in South Africa, with a market share in excess of 22%, providing short-term insurance products through broker networks and direct sales channels. The company was established in 1918 and offers personal, commercial, and corporate insurance solutions. Santam is a subsidiary of Sanlam Limited and has been listed ...
    Read more about this company


    Reinsurance Controller

    What will make you successful in this role?
    Financial performance reporting

    •     Financial reports for the fronting, inter group/inter SBU 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.



    • Matric
    • Relevant accounting degree or Reinsurance Qualification
    • Minimum of 3-5 years experience in a similar role.



    • Reinsurance knowledge - understanding of reinsurance terminology and interpretation  of  contracts. 
    • Financial management knowledge.
    • Excellent verbal and written communication
    • MS Office suite with advanced Excel skills
    • Credit control and reconciliation
    • Processing of financial transactions up to balance sheet

    Personal Attributes

    • Communicates effectively - Contributing through others
    • Decision quality - Contributing through others
    • Manages complexity - Contributing through others
    • Plans and aligns - Contributing through others

    Build a successful career with us

    • We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping  our employees to realise their worth. Through its four business clusters – Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

    Core Competencies

    • Being resilient - Contributing through others
    • Collaborates - Contributing through others
    • Customer focus - Contributing through others
    • Cultivates innovation - Contributing through others
    • Drives results - Contributing through others

    Turnaround time

    • The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. 

    Method of Application

    Interested and qualified? Go to Santam Insurance on to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

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