Technical Accounts Administrator at AON

Job Summary    
Aon Reinsurance Solutions has an exciting opportunity for a Technical Accounts Administrator at our Sandton Office. The role of the technical Accounts Administrator is to provide support to the Brokers in Reinsurance Accounting and Administration functions through understanding and analysing terms and conditions, processing and reconciling all accounts.

Key Responsibilities    

• Acquire and understand relevant supporting documentation (i.e. terms and conditions of the cover note). 
• Creation of both treaty and facultative premiums and related invoices.
• Extract relevant information from cover note and load information on the system. 
• Be aware of timeframes and deadlines involved in the area of responsibility.
• Analyse respective incoming accounts from clients to resolve requirements and subtitles of the contract in relation to the accounts and identify anomalies. 
• Process and reconcile accounts. 
• Identify if premium is proportional or non-proportional and process accordingly. 
• Submit respective documentation (invoices etc.) to relevant clients and Reinsurers. 
• Ensure timeous collection of respective funds and check receipt thereof. 
• Submit outstanding statement and respective reconciliation to Finance and match with cash received. 
• Check and ensure that all matching is done and paid out correctly. 
• Ensure cash calls are received. 
• Attend to and resolve queries timely. 
• Follow up outstanding balances from clients and/or Reinsurers. 
• Reconcile balances and payments made and pay or refund accordingly. 
• Provide age analysis and SLA audit reports to management. 
• Build and maintain relationships with all key stakeholders. 
• Responsible for engaging in business development and/or contributing directly or indirectly to all business development efforts in Aon South Africa.

Minimum Requirements    
Qualifications:

• Matric.
• Accounting Degree/Diploma.

Knowledge:

• Knowledge of relevant legislation (VAT, et cetera).
• Knowledge and understanding of insurance and reinsurance with specific knowledge of facultative.
• Knowledge of reinsurance accounting.
• Knowledge of relevant systems.

Skills and Attributes:

• Well-developed analytical technical and problem-solving skills.
• Computer literacy with advanced experience in MS Word and Excel.
• Well-developed business and financial skills and acumen.

Experience:

• Have a minimum of 2 to 3 years’ general accounting experience.
• Experience in reinsurance accounting will be a distinct advantage.

Closing Date: 8th, July 2022