DEADLINE: 28/01/2025

Reinsurance Accountant

Full-time

 

Responsibilities:

  • Process and reconcile reinsurance premiums, claims, and commissions.
  • Accurately record reinsurance transactions, including proportional and non-proportional treaties.
  • Prepare and submit journal entries for reinsurance-related activities.
  • Reconcile accounts payable/receivable related to reinsurance balances.
  • Prepare Reinsurance bordereaux for premiums, commission, and
    claims
  • Prepare reconciliations relating to Facultative and other various Programs and prepare quarterly reinsurance statements for reinsurers
  • Reconcile reinsurers’ statements to account for Ledger balances.
  • Reconcile Reinsurance balances with the respective participants on the treaty and Facultative arrangements.
  • Calculate and record reinsurance-related adjustments, including premium adjustment and profit commission.

• Review and interpret reinsurance contracts to confirm correct financial treatment.

Minimum Qualifications:

  • Bachelor’s degree in accounting, Finance, or a related field
  • Professional accounting certification (CPA, ACA, CIMA, or equivalent).
  • 3-5 years of accounting experience, with 1 year focus on reinsurance or insurance preferred.
  • In-depth knowledge of reinsurance accounting principles and contract structures.

Required Skills

  • Proficiency in financial accounting systems.
  • Advanced skills in Microsoft Excel and data analysis.
  • Strong organizational and time-management skills to meet tight deadlines.
  • Excellent problem-solving abilities and keen attention to detail and Strong written and verbal communication skills for cross-functional collaboration.

How to Apply:

Interested candidates should submit their resume and cover letter to [email protected] by 28th January 2025. Please include “Reinsurance Accountant Application – [Your Namel” in the subject line.

GA Insurance Uganda is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Join us in making a difference and providing exceptional service to our clients. Apply today!

Ga insurance - Jobs in Uganda

About GA Insurance

Industry: Accounting
Location: Kampala, Uganda

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