Reinsurance Accountant

About the role

Hollard is looking for a detail-focused, commercially minded Reinsurance Accountant to help manage its reinsurance financial operations. The role sits in the Reinsurance department of the Finance business unit, reports to the Reinsurance Finance Manager and is based in Parktown, Gauteng. You will work with complex financial data, large-scale transactions and key stakeholders to keep reporting accurate, controls strong and risk management effective.

Key responsibilities

• Prepare accurate and timely treaty accounts, including quota share, commission and excess-of-loss premium calculations.
• Analyse monthly underwriting results, investigate variances and ensure journals are processed within reporting deadlines.
• Maintain large-loss schedules and support month-end and quarter-end reporting.
• Prepare monthly balance-sheet reconciliations, monitor movements and resolve aged or outstanding items.
• Manage reinsurance creditor and debtor accounts, including payments, recoveries, receipts and treaty settlements.
• Support facultative payment authorisations and follow up on outstanding balances.
• Maintain strong financial controls and ensure compliance with insurance and reinsurance accounting standards.
• Support governance, regulatory and risk-management requirements and identify process improvements.
• Partner with Finance, Underwriting and Reinsurance stakeholders to provide accurate financial information.

Required profile

• Matric, an NQF Level 5 Short-Term Insurance qualification or equivalent, and a BCom in Finance, Accounting or a related field.
• At least three years' reinsurance accounting experience, with exposure to treaty accounting and reinsurance settlements.
• Experience in a non-life insurance environment is an added advantage.
• Highly analytical, organised, proactive, collaborative, professional and comfortable in a fast-paced environment.

Required skills

• Strong understanding of reinsurance accounting, treaty structures, financial reporting and reconciliations.
• Sound knowledge of financial controls and governance; IFRS 17 knowledge is advantageous.
• Strong numerical and analytical skills with accuracy across complex financial information.