Job Roles Open at Guardrisk

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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Role Purpose

• To manage a portfolio of liability claims and recoveries and to provide ad hoc technical advice to stakeholders.

Requirements

• Matric
• A law degree – preferable but not mandatory, subject to experience in Short-term insurance environment
• 60 FAIS Credits
• Computer literacy(MS Word, Outlook and Excel)
• At least 5 years experience, some of which should be in a legal practice environment or insurance recovery & liability environment
• Insurance qualification preferable
• RE qualification
• Intensive knowledge of liability claims and resulting litigation
• Intensive knowledge of recoveries
• Knowledge in administering and handling liability claims and recoveries

Duties & Responsibilities

• Day to day reporting to the team leader
• Handling recoveries in accordance with claims handling procedures
• Facilitating and managing outsourced recoveries
• Handling and settling claims within stipulated time frames and as per SLAs / mandates in place
• Entering into settlement negotiations with third parties / third party representatives
• Negotiating with motor assessors, attorneys, other service providers  
• Providing technical advice on litigated matters
• Providing clients / brokers with the highest standard of service
• Providing clients / brokers with feedback on claims progress at all times
• Ensuring diary system is implemented and adhered to at all times
• Ensuring adherence to SLAs / mandates in place with regards to claims from mandated brokers
• Rendering of assistance from time to time with ad hoc tasks

Competencies

• Good interpersonal skills
• Negotiation skills
• Communication skills
• Attention to Detail
• Ability to work under pressure
• Team player
• Good organizational skills