Vacancies at Guardrisk

Role Purpose

Accurately control and process financial information and prepare financial reports and analysis to enable business processes.

Requirements

• Matric, or
• BCom Degree
• 2-5 years’ accounts clerk experience
• No experience (If in possession of a BCom)

Duties & Responsibilities

• Collate, compile and distribute documents and reports to the required standards within defined time-frames
• Reconcile and report on relevant information and filing
• Manage and assist with all dedicated bank account administration and processing and reconciliations
• Assisting with capturing creditor invoices
• Assisting with CIMS updates
• Processes claims daily by checking the accuracy and completeness of information such as VAT and possible duplication on Accountability before documentation is completed for approval by the Portfolio Accountant
• Ensures and follows up on payment of claims by EFT or cheque payments on a daily basis to ensure client satisfaction
• Finalises all documentation, EFT confirmation and client filing on a daily basis
• Allocates salvage and recoveries where applicable
• Raises premium invoices where applicable
• Reconciles all client’s accounts on a daily basis and rectify through required journals to ensure easy access and immediate availability of information to client and broker e.g. renewal of premium
• Addresses ad-hoc queries received from Portfolio Managers and Portfolio Accountants on a daily basis
• Prepares documentation to apply for foreign payments on instruction of Underwriter or re-insurers to ensure that company is not at risk at any time
• Allocates cash flow from bordereaux”s and or deposit slips
• Prepares outstanding claims movement report for submission to the General Manager : CRS on a monthly basis for provision on claims to be paid
• Daily finalization of claims
• Monthly reconciliations on a small portfolio of clients and assisting portfolio accountants with reconciliations
• Monthly reports where applicable
• Monthly raising of premium invoices on a small portfolio of clients and assisting portfolio accountants with reconciliations.
• Assisting Portfolio Accountants and other finance colleagues in journal processing
• Daily allocation of receipts where applicable
• Build and maintain relationships with clients and internal and external stakeholders
• Deliver on service level agreements made with clients and internal and external stakeholders in order to ensure that client expectations are managed
• Make recommendations to improve client service and fair treatment of clients within area of responsibility
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service
• Develop and maintain productive and collaborative working relationships with peers , clients and stakeholders
• Positively influence and participate in change initiatives
• Continuously develop own expertise in terms of professional, industry and legislation knowledge
• Contribute to continuous innovation through the development, sharing and implementation of new ideas
• Take ownership for driving career development
• Effectively manage time and ensure optimal productivity
• Ensure technical product and legislative knowledge is always current in order to propose the most relevant and innovative client solutions and comply with governance requirements
• Be self-confident, self-motivated and relentlessly pursue targets and goals
• Prepare and check invoices and arrange for payments

Competencies

• Attention to detail
• Collaboration
• Planning and organising skills
• Client commitment

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Role Purpose

Full support to the underwriting and marketing teams, from underwriting existing business, quoting on new business, loading, and working on the system daily, which includes amendments and renewal preparations and renewal completions on system level.

Requirements

• Grade 12
• FAIS – Completed RE5 Certificate and Credits (60 credits)
• Minimum 2 years underwriting exposure
• Basic insurance knowledge essential
• Knowledge of the South African Insurance & Re-Insurance market
• Sound knowledge of statutory and legislative requirements
• Sound knowledge and understanding of underwriting principles, commercial and financial
• Basic system operating knowledge essential

Duties & Responsibilities

• Support underwriting and marketing teams where required
• Handling underwriting queries from brokers
• General correspondence with broker via e-mail or telephone
• Maintaining and building relationships with brokers
• Diarize issues that need to be followed up
• Assist with processing of new policies, renewal policies and endorsements
• Maintain, monitor and continually improve service levels
• Build and maintain internal and external relationships with all key stakeholders
• Deliver product solutions to meet the client’s needs
• Handle all broker queries, complaints and problems
• Refer problems to relevant department, where necessary
• Escalate problems or complaints where necessary
• Develop and maintain exemplary broker service relationships
• Feedback evolving client needs and industry trends to business
• Suggest new products and or product enhancements to address changing client needs
• Ensure competitive pricing structure while maintaining loss ratio’s
• Take adequate underwriting action to correct underperforming clients such as increasing premiums, excess payments, deductibles and or terminate relationship
• To perform any other duties that may be assigned

Competencies

• Accuracy and high attention to detail
• Problem solving skills
• Good planning nad organisng skills
• can work well under pressure

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Role Purpose

To gain a complete understanding of IFRS 17 and Guardrisk to ensure successful implementation of IFRS 17 across the Guardrisk entities when the standard become effective.

Requirements

• Bcom Accounting
• CA(SA
• Experience within articles in Insurance industry
• Basic understanding of IFRS 17
• General understanding of industry, statutory guidelines, and insurance law

Duties & Responsibilities

• Working closely with IFRS 17 specialist and MMH group to ensure that IFRS 17 implementation project in terms of standard
• Provide training to Guardrisk on IFRS 17
• Assist in the implementation of IFRS 17 at Guardrisk with assistance from IFRS 17 specialist
• Prepare SAM quarterly and annual returns
• Prepare annual financial statements on an IFRS basis
• Support portfolio accountants with technical queries
• Preparation and approval of payment instructions
• Identify and report where necessary or resolve if possible respective accounting or reporting issues
• Provide portfolio support and management by working closely with the portfolio managers and other colleagues (especially the actuarial function)
• Assist with special projects assigned with the group
• Contribute to the enhancement of systems and processes issues in order to enhance financial management with Guardrisk and to contribute to the client reporting
• Continuously develop own expertise in terms of professional, industry and legislation knowledge
• Contribute to continuous innovation through the development, sharing and implementation of new ideas
• Take ownership for driving career development
• Build and maintain relationships with clients and internal and external stakeholders
• Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service within the organisation

Competencies

• Analytical
• Good communication skills
• Attention to detail
• Collaboration