The main purpose of this role is to manage the day-to-day accounting activities of an Insurance Captive as well as providing assistance on other risk financing tasks such as invoicing, presentations and budgeting.
The role
Manager or manager of people or individual contributor:
Individual contributor.Geographic scope of role:
Office based in the GRMS Illovo office and will be required to have meetings mostly at the Willis SA offices in Johannesburg or any other location agreed upon.Budgetary and risk management responsibilities:
No GRMS budget and risk management responsibilities.Revenue responsibilities:
No GRMS revenue responsibilities.Risk Financing - Account Management:
Day to day management of a small insurance company;
Monthly accounting includes journals and management accounts;
Preparation of payments;
Submission of accounts into client Financial System;
VAT 201 submissions;
Reserve Bank submissions;
Financial statement preparation;
Assisting with budgets;
Basic tax calculations
Corporate Governance:
Preparation of board meeting materials;
Preparation of board packs;
Communications with regulatory authority.
General:
Address ad hoc queries;
Assistance with Audits;
Monthly financial highlights;
Income-tool;
Assistance and coordination of invoicing of Risk Financing work;
Recon between the Income Tool and Invoicing;
Reporting on the WSA Risk Financing department results.
Review of contingency policy experience accounts and distribution to clients.
Monthly Accounting;
Regular Meetings with the Client
Monthly Reporting on outstanding premiums;
The requirements
Accounting degree/diploma
3-5 years accounting experience
Insurance Industry Knowledge will be an advantage
Experience working with Microsoft Office
Pastel Accounting will be an advantage
Managing of conflicts
Fluency presenting information in public
Preference will be given to applicants from designated groups, in line with the South African Employment Equity Act.
WTW is committed to finding opportunities to promote workplace flexibility when possible based on the needs of our customers and the company. We are pleased to say that this role meets the criteria for flexible work.