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Reinsurance technical accountant - ca(sa) x 5

Company

Acumen Group

Location

remote, gauteng

Posted

June 26, 2026

Position Overview

Manage Phinsys sub-ledger processes, ensuring accurate inputs, reconciliation and posting of premiums, losses, acquisition costs, and ceded transactions in accordance with US GAAP. Reconcile treaty statements (bordereaux, SOAs, cash calls, claims listings) and resolve discrepancies across general ledger accounts, subsystems and cash-matching tools. Support quarterly and annual close processes, including booking premium and loss accruals, unearned premium, DAC amortisation, ceded recoverables, IBNR/ultimate loss entries, and profit commission/sliding scale calculations. Serve as a subject-matter expert in reinsurance accounting, reviewing and validating premium, loss, and ceded balances. Prepare ceded reinsurance bordereaux and related schedules. Reinsurance Operations Manage treaty-level financial transactions, including cash monitoring, reconciliations, and resolving aged items or discrepancies with reinsurers and brokers. Ensure accurate application of treaty terms (quota share, surp...

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