Head of Reinsurance Accounting at Bryte Insurance Company Limited

Job description

Our opportunity

The Head of Reinsurance Accounting is responsible for the full end-to-end Reinsurance Accounting and Analytics process and will participate in designing the Reinsurance strategy, together with the subsequent implementation, including data and systems requirements. Involvement in the optimisation work to help derive a recommended Reinsurance structure.

Key Accountabilities

• Functional Management
• Full responsibility for monthly, quarterly and annual Reinsurance reporting and analysis.
• Sourcing, reconciling and taking full responsibility for obtaining and providing Reinsurance data modelling requirements.
• Designing and implementing system and process solutions for all Reinsurance agreements put in place.
• Active participation at Reinsurance forum meetings.
• Managing Internal and External Audit engagement issues.
• Ensuring Reinsurance Claims are fully recovered and accounted for across all treaties.
• Responsible for setting and obtaining financial Reinsurance targets of up to a R1 billion.
• Advising on the Reinsurance strategy; including the SAM impacts.
• Providing input into Capital modelling and management.
• Assisting with compilation of Risk profiles.
• Full accountability for Reinsurance governance and controls.
• Stakeholder Management

Stakeholders include:

• External Reinsurers
• Reinsurance Brokers
• Internal Audit
• External Audit

Leadership Accountabilities

• Model behaviours that demonstrate commitment to Bryte’s guiding principles.
• Take action to manage own personal development and encourage others to do the same.
• Lead a team and complete performance management cycle for direct reports.
• Create people management plan to ensure human capability is in place as part of business planning process.

Education and Experience

• CA (SA) highly preferred
• 10 years experience in Insurance of which 5 in Reinsurance

Capabilities

• Effective Communication
• Negotiating
• Problem Solving
• High Level Influencer
• Relationships typically involve persuading or countering opposition

Additional Information

This role is based at our Head Office (15 Marshall Street, Ferreirasdorp, Johannesburg), limited travel will be required.
Within the context of Bryte Insurance Company Limited's Employment Equity Policy, all eligible candidates will be considered, however, preference will be given in the following order:

-The suitability of the candidate based on job-specific selection criteria of equally suitable candidates, the candidates from the designated group within the ambit of Bryte Insurance Company Limited's Employment Equity Policy.

Your application will only be considered should you meet the minimum requirements of the vacancy.

If you have not received a response within 14 days from the closing date, please consider your application unsuccessful.

The Company reserves the right not to fill this position.