Job Description
Job Description
This role offers the opportunity to develop in-depth knowledge of OMAR (P&C)'s reinsurance arrangements across its countries, engaging with country Reinsurance Managers, Finance teams, and CFOs, and presenting results and outcomes.
Responsibilities
- Prepare and process consolidated reinsurance technical accounts.
- Reconcile reinsurance balances, process cessions and recoveries, and manage timely settlement of accounts.
- Maintain and monitor reinsurance outstanding loss reserves and claims recoveries.
- Analyse the profitability of each reinsurance programme and make recommendations to improve performance and reduce cost.
- Contribute to the preparation of reinsurance reports, dashboards, and management reporting.
- Support the correct accounting, measurement, and disclosure of reinsurance under IFRS 17.
- Consult and educate country teams on streamlining and standardising reinsurance data recording.
- Participate in ongoing learning, professional development, accreditation, and continuous capability building.
Skills
- Accounting
- Budget Management
- Change Management
- Data Compilation
- Executing Plans
- Financial Acumen
- Legal Practices
- Management Reporting
- Numerical Aptitude
- Policies & Procedures
- Presenting Solutions
- Professional Presentation
- Risk Management
- Servant Leadership
- Underwriting Management
Competencies
- Balances Stakeholders
- Builds Effective Teams
- Business Insight
- Communicates Effectively
- Ensures Accountability
- Financial Acumen
- Instills Trust
- Manages Ambiguity
Education
Bachelor Of Finance: Accountancy (Required)
Closing Date
15 September 2026, 23:59
The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.
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