15 Nov

Reinsurance Finance Manager Jobs Vacancy in The Hollard Insurance Company Ltd Johannesburg

Position
Reinsurance Finance Manager
Company
The Hollard Insurance Company Ltd
Location
Johannesburg GP
Opening
15 Nov, 2018 30+ days ago

The Hollard Insurance Company Ltd Johannesburg urgently required following position for Reinsurance Finance Manager. Please read this job advertisement carefully before apply. There are some qualifications, experience and skills requirement that the employers require. Does your career history fit these requirements? Ensure you understand the role you are applying for and that it is suited to your skills and qualifications.

Follow the online directions, complete all the necessary fields, and provide all relevant information so your application is submitted correctly. When you click the 'Apply this Job' button (open in new window) you will be taken to the online application form. Here you will be asked to provide personal and contact details, respond to employment-related questions, and show how you meet the key selection criteria.

Reinsurance Finance Manager Jobs Vacancy in The Hollard Insurance Company Ltd Johannesburg Jobs Details:

Hello… an exciting new opportunity has just become available in our Insure, Risk & Underwriting (Reinsurance) area. We are looking to recruit a Reinsurance Finance Manager


Role Objectives:

This role will focus on Reinsurance specific accounting activities and ensure operational effectiveness of Hollard Insure reinsurance finance by providing oversight of reinsurance accounting outputs. Develop and maintain effective business relationships throughout all areas of HI as well as Reinsurance Brokers/ Reinsurers


Key Responsibilities:

  • Responsible for all HRE finance related activities

  • Support of the HI year-end audit process in respect of Reinsurance

  • Support of Group Reinsurance renewal process

  • Reconciliation, management and oversight of all Reinsurance related balance sheet accounts

  • Reconciliation, management and oversight of all Reinsurance related income statement accounts

  • Review and process all Journals on behalf of HRE finance team

  • Sign off and oversight of all reinsurance payments and receipts

  • Management and oversight of all reinsurance debtors and creditors accounts

  • Continuous liaison with, and support of Reinsurers/Reinsurance Brokers , the client relationship manager, business partners and Central Finance

  • Ensuring compliance with accounting practice applicable to Insurers/Reinsurers, good governance and risk management practice, as well as laws and regulations

  • To assist with defined ad hoc projects according to business needs

  • Ensure all central allocations for HRE are processed correctly and timeously

  • Assist actuaries with query resolution

  • Continuous improvement of processes in line with all stakeholders needs, group accounting needs and overall business objectives

  • Support in the preparation and allocation of Group Treaty Accounts

  • Preparation of divisional forecasts & SAM related to re-insurance balances as required

  • Implementation of Sapiens accounting procedures

  • Develop and deliver any reinsurance finance specific training for stakeholders to advance business needs, compliance initiatives and standard operating practices

  • Manage the performance and efficiency of the team and individuals, using KPI’s and other standands



Required Knowledge, Experience and Skills:

  • Min 8 - 10 years in the Non-Life Financial Services Industry & in a reinsurance finance role

  • In-depth understanding of Insurance & Reinsurance finance essential

  • Understanding and grasp of BU business model and strategy

  • Understanding of all facets of the broader Hollard Group.

  • Finance, Governance, Compliance and Risk management

  • Sound understanding of finance related regulatory and compliance issues pertinent to the Financial Services Industry.



Educational Requirements:

  • Matric,

  • Qualified CA (SA) or other suitable qualification



Closing date: 21 November 2018

“Applications for this this role will be prioritised in line with our transformation objectives as per our Employment Equity Plan”


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