Let's Write Africa's Story Together!
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
This role will provide the opportunity to develop in-depth knowledge of OMAR (P&C)’s reinsurance arrangements across its countries. It offers opportunities to engage with country Reinsurance Managers, Finance teams and CFOs, and to present results and outcomes.
Prepare and process consolidated reinsurance technical accounts, including premium cessions, commission adjustments, profit commissions and premium adjustments, in line with treaty terms.
Reconcile reinsurance balances, process cessions and recoveries, and manage the timely settlement of accounts with reinsurers and brokers, investigating and resolving discrepancies.
Maintain and monitor reinsurance outstanding loss reserves and claims recoveries, ensuring they are accurately recorded, supported and aligned to the underlying claims.
Analyse the profitability of each reinsurance programme, evaluate the cost of reinsurance, and make recommendations to improve treaty and facultative performance and reduce cost.
Contribute to the preparation of reinsurance reports, dashboards and management reporting on cost of reinsurance, recoveries and treaty performance to answer business questions.
Support the correct accounting, measurement and disclosure of reinsurance under IFRS 17, ensuring ceded results are appropriately reflected in the financial statements.
Consult and educate country teams on streamlining and standardising reinsurance data recording to ensure quality, accuracy and consistency, while working independently.
Participate in ongoing learning, professional development, accreditation and continuous capability building.
na
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
Balances Stakeholders
Builds Effective Teams
Business Insight
Communicates Effectively
Ensures Accountability
Financial Acumen
Instills Trust
Manages Ambiguity
Bachelor Of Finance: Accountancy (Required)
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!
Old Mutual Limited is a listed company on the Johannesburg Stock Exchange and has secondary listings on the London, Malawi, Namibia and Zimbabwe stock exchanges. As a Pan-African financial services company, we are focused on Africa, her needs and her people.
Together with you, we have educated our children, given more homes warmth and light, empowered small businesses and improved infrastructure in Africa. Our story will continue #WithAfricaForAfrica.
