Job Title
Head of Reinsurance Accounting
Job Description
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 Performance Areas
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 ManagementStakeholders include :
External ReinsurersReinsurance BrokersInternal AuditExternal AuditQualifications & Requirements
MatricCA (SA) highly preferred10 years’ experience in Insurance of which 5 in ReinsuranceTake action to manage own personal development and encourage others to do the same.Lead a team and complete performance management cycle for direct reports.Effective CommunicationNegotiatingProblem SolvingHigh Level InfluencerRelationships typically involve persuading or countering oppositionCreate people management plan to ensure human capability is in place as part of business planning process#J-18808-Ljbffr