drjobs TraineeJunior Officer Reinsurance UnderwritingClaims 1 Post TraineeJunior Officer Technical Accounts 1 Post and Junior Officer Finance 1Post

TraineeJunior Officer Reinsurance UnderwritingClaims 1 Post TraineeJunior Officer Technical Accounts 1 Post and Junior Officer Finance 1Post

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Job Location drjobs

Gauteng - South Africa

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Introduction

GIC Re South Africa Ltd is a Subsidiary owned 100 by GIC Re India (owned by Govt. of India) with a mandate to write inward reinsurance and retrocession business emanating from whole of Africa. GIC Re South Africa Ltd was established in Johannesburg South Africa in 2014 with an aim to serve the African Continent with its world class reinsurance eservices. Core business philosophy includes a robust governance and risk management framework application of stateofart technology mutually beneficial relationships and redefining service delivery mechanism & attitude in the region. GIC Re South Africa Ltd. continues to be a service delivery differentiator in the region. GIC Re South Africa Ltd.s strategy is to be known as an indelible and professional African Reinsurer.

We are looking forsuitable candidatespreferably South Africansone 1 candidates as Trainee/Junior Officer in the Technical Account;one 1 candidate as Trainee/Junior Officer in the in Reinusance Underwriting/Claims department andone 1 candidate as Junior Officer in the in Finance departmentwith the ability to work inperson and remote if required.

Please mention thePostand Departmentyou are applying for insubject line.

No. of Vacancies: 3 1 for Technical Account 1 for Reinsurcane Underwriting/Claims and 1 for Finance Department)

Last date of application:9th May 2025

Tentative Date of interview:19th May 2025

Tentative Date of Joining:From2nd June 2025

If interested please send your CV to.

Please compusorily mention thePostand Departmentyou are applying for insubject line.

1. TechnicalAccounts1 PostTrainee/Junior Officer

  • Liaise with all stakeholders including brokers.
  • Handling account & Audit queries
  • Receipt and allocation of payments
  • Monitoring and following up on outstanding accounts.
  • Daily weekly and monthly accounting and processing of Technical Accounting entries
  • Monthly journal entries
  • Capturing of entries within financial systems (Accpac & Sapiens)
  • Monthly GL Account reconciliations
  • Ad hoc duties as and when required by department.

2. Reinsurance Underwriting and Claims 1 Post) (Trainee/Junior Officer)

  • Processing of reinsurance proposals (treaty and facultative)
  • Processing of reinsurance claims (treaty and facultative)
  • Data entry into system.
  • Handling reinsurance related audit queries.
  • Liaising with insurance companies and reinsurance brokers.
  • Other reinsurance related servicing like processing of endorsements KYC documents etc.

3. Finance 1 Post) (Junior Officer)

  • Daily weekly and monthly posting of finance accounting entries
  • Posting of technical accounts journal entries
  • Reviewing VAT computation and reconciliation of VAT liability to GLs and posting the journals
  • Determination of provisional taxes
  • All other statutory payments like EMP 201 Medical Aid WTI etc. and reconciliation with books
  • Reviewing Bank reconciliation
  • Investment reconciliations
  • Making Finance PPTs
  • Ad hoc duties as and when required by department.

Duties and responsibilities listed above forall the departmentsare not exhaustive.

1. TechnicalAccounts1 PostsTrainee/Junior Officer

Qualifications/Skills

  • Actively enrolled and in good standing at an accredited college or university preferably majoring in Finance Accounts . Insurance or related field.Degree and experience in relevant filed is desirable.
  • Excellent customer service with ability to take ownership and drive issues to resolution.
  • Highly adaptive and able to work effectively in changing environments.
  • Working knowledge of Microsoft Office Excel and Word
  • Ability to work quickly and with little to no oversight.
  • Appreciates a fast paced team first solutionsoriented culture.

2. Reinsurance Underwriting and Claims 1 Post) (Trainee/Junior Officer)

Qualifications/Skills

  • Actively enrolled and in good standing at an accredited college or university preferably majoring in Insurance Risk Management or related field.Degree and experience in relevant filed is desirable.
  • Excellent customer service with ability to take ownership and drive issues to resolution.
  • Highly adaptive and able to work effectively in changing environments.
  • Working knowledge of Microsoft Office Excel and Word
  • Ability to work quickly and with little to no oversight.
  • Appreciates a fast paced team first solutionsoriented culture.

3. Finance 1 Post) (Junior Officer)

Qualifications/Skills

  • CompulsoryPartly qualified CA a person who passed the first Board exam of SAICA and has successfully completed the article.
  • Compulsory . degree from an accredited college or university.
  • Desirable IFRS 17 and 9 knowledge.
  • Highly adaptive and able to work effectively in changing environments.
  • Working knowledge of Accpac or other accounting software
  • Working knowledge of Microsoft Office Excel Word and PowerPoint
  • Ability to work quickly and with little to no oversight.
  • Appreciates a fast paced team first solutionsoriented culture.

Minimum Experience Required:

i) Trainee: Nominimum experience is required.Freshers can apply for the post.

ii) Junior Officer:Minimum 1 to 3 yearsexperience is required for post.

Area of Expertise:

Reinsurance U/W Reinsurance Claims Reinsurance Technical Accounts and Finance.

Preference will be given to candidates who have experience in Reinsurance Sector.


Required Experience:

Junior IC

Employment Type

Full-Time

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