Accountant

About the position

Join a well-established short-term insurance company. Reporting to the Accountant, you will be responsible for insurance-related reporting, including bank vs bordereaux reconciliations, commission calculations, debit orders, claims, SASRIA and cash flow, among others.

Minimum Requirements

• Fluent in English (business and client-facing)
• BCom Accounting or National Diploma in Accounting (completed)
• Minimum 2 years' experience in an accounting role

Advantageous

• Exposure to the short-term insurance environment
• SAP experience

Key Responsibilities

Invoicing

• Ensure invoices are supported by required documentation
• Verify accuracy and process payments within 24 hours

Customer Queries

• Follow up on queries within a reasonable timeframe
• Maintain clear, professional verbal and written communication

Internal Stakeholder Management

• Ensure effective communication with internal stakeholders
• Provide timeous feedback on queries, complaints and compliments

Internal Reporting

• Accurate and timeous reporting of premiums and claims
• Prepare and maintain bordereaux
• Meet all reporting deadlines
• Calculate broker commissions and binder fees per signed agreements
• Calculate and report UPR
• Prepare IBNR schedules across all classes and customers
• Calculate outstanding claims reserves and validate customer listings
• Ensure monthly customer reporting aligns with signed binder agreements

Reinsurance Reporting

• Ensure accurate and timeous reinsurance reporting
• Verify reinsurance broker invoices against internal calculations
• Ensure authorised payments are processed timeously

Daily Operational Duties

• Monitor claims accounts and ensure required top-ups
• Ensure all top-ups are supported by documentation
• Verify payee details before loading payments
• Prepare cash flow forecasts twice weekly
• Ensure large loss claims are fully supported and authorised
• Ensure claims are signed, dated and verified
• Investigate irregular claims prior to payment

Monthly Responsibilities

• Perform complete monthly reconciliations, including all balance sheet items
• Ensure secure, neat filing of all documentation
• Attend monthly UMA meetings to confirm accuracy, discuss performance, growth, compliance, new business and discontinued business, and ensure reporting alignment

Desired Skills:

• Accounting experience
• Invoicing
• Reconciliations
• Internal and external liaison
• Queries
• Debit orders

Desired Qualification Level:

• Degree

Employer & Job Benefits:

• Total Cost to Company structure