Accounts Officer at SKM Africa

Our client, a leading insurance brokerage firm, is seeking a strategic and hands-on Accounts Officer, not merely an employee, but a long-term partner to grow with the organisation.

Job Responsibilities

• Financial Reporting: Prepare and analyze financial statements specific to insurance operations, ensuring compliance with regulatory standards.
• Premium Accounting: Manage premium trust accounts, client invoicing, and reconciliation of premiums and commissions.
• Claims Processing: Oversee the processing of claims payments and refunds, ensuring accuracy and timeliness.
• Reinsurance Accounting: Record, analyze, and report on transactions related to risk transfer between insurance companies.
• Internal Controls: Implement and maintain internal controls specific to insurance accounting to safeguard assets.
• Audit Coordination: Coordinate with external auditors during financial audits, providing necessary documentation.
• Regulatory Compliance: Assess the financial impact of new insurance regulations and adjust accounting practices accordingly.
• Financial Modelling: Develop and maintain financial models to predict future trends in insurance underwriting profitability.

Other Requirements

Qualifications and experience

• Bachelor’s degree or a diploma  in Accounting, Finance, or a related field.
• CPA certification will be preferred.
• 3–5 years of accounting or underwriting experience, preferably within the insurance  brokerage firm
• Proficiency in accounting software and Microsoft Office Suite, especially Excel.
• Analytical Skills: Strong attention to detail and accuracy.
• Excellent interpersonal and communication skills.
• Understanding of insurance industry regulations and accounting