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
- Completed SAIPA Articles
- Fluent in English (business and client-facing)
- BCom Accounting
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 meetings to confirm accuracy, discuss performance, growth, compliance, new business and discontinued business, and ensure reporting alignment
Desired Skills:
- Accounting
- invoicing
- journals
- reporting
- cash flow statements
- reconciliations
Employer & Job Benefits:
- Basic
- Annual performance bonus
