Client Accountant Illovo - South Africa
Belmar Personnel
Insurance Accounting experience is A MUST FOR THIS POSITION Process underwriting results per client onto the general ledger including premium, reinsurance premium, claims, recoveries, commissions, and fees. Process reserves per client onto the general ledger i.e. outstanding claims, Incurred but Not Reported (“IBNR”), unearned premium reserve as well as corresponding reinsurance portions. Process income tax per client onto the general ledger. Process cashbook transactions and any other required journal entries per client onto the general ledger. Prepare Balance Sheet reconciliations per client. Prepare client financial statements and client policy statements and any other financial reports as required. Collection of premium and reinsurance debtors. Pay reinsurers and submit reinsurance bordereaux. Pay administrators and other creditors associated with the client portfolio. Respond to client queries and attend client meetings when required. Accounting degree or similar. Work experience in an equivalent accounting role. Insurance industry experience HIGHLY IMPORTANT R500k-R650k
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