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  • Posted: Oct 20, 2023
    Deadline: Not specified
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    The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. From standard products to tailor-made coverage across all lines of busines...
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    Senior Finance Specialist

    About the Role

    Swiss Re has established its P&C direct insurance subsidiary in South Africa with the aspiration to expand its commercial business in the region. This is a pivotal time to join us as the company develops and builds up its capabilities! Integrated into a dynamic team, Senior Finance Specialist will report into the Chief Financial Officer and work with finance colleagues within the Swiss Re Group regionally and globally, as well as interacting with South African external stakeholders. There will be potential to develop and expand the role.

    Key Responsibilities:

    • Coordination and preparation of all Local Financial and Regulatory reporting (including AFS and SAM QRT's) on an IFRS 17 basis
    • Preparation of the finance reports for the Board, Audit Committee and Management Committee meetings
    • Support with the annual planning process
    • Monitoring of operating expenses as compared to the plan and forecast
    • Support the CFO with the functioning of an adequate internal control environment
    • Engage with the external auditors for the sign-off of the annual financial statements and annual SAM QRT's
    • Project support on an ad-hoc basis including with the Group IFRS 17 program

    About You

    We are looking for an open-minded, credible and enthusiastic team player who can constructively and respectfully engage in challenging conversations with and agile, proactive and pragmatic approach to problem identification and solution. Are you at ease with leaving the comfort zone and performing under pressure with:

    • Qualified / Chartered Accountant South Africa or equivalent qualification
    • Strong expertise in South African Insurance Reporting requirements including IFRS, Prudential Authority (SAM) and SARB reporting requirements
    • A minimum of 4 years of relevant work experience (post articles) in a South African insurance legal entity, with financial accounting and reporting experience
    • Strong focus on improving the control environment and continuous improvement of processes
    • 'Tech savvy' – the ability to embrace and harness systems, tools and technology to achieve goals
    • Demonstrates high performance, takes personal accountability for areas of responsibility and ability to work under tight deadlines and with multiple stakeholders

    Method of Application

    Interested and qualified? Go to Swiss Re on careers.swissre.com to apply

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