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Resinsurance Financial Manager

Full time Johannesburg, ZA
Posted 1 week, 4 days ago 91 views 0 applications

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.

The Old Mutual Story!

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