Vacancies in a Proprietory Insurance Brokerage Firm

Details
This position reports to the Managing Director. He or she is responsible for managing all types of accounts for an insurance broker, induding accounts receivable, payroll, investments, pool management, and claims,

Core Responsibilities:
i. Managing the daily accounting for all broker dealers and dients.
ii. Prepare and maintain accounting documents and records
iii. Perform basic financial analysis of prospective acquisitions for the broker, induding investment opportunities and any other source of capital acquisition.
iv. Keep spreadsheets of incoming revenue, induding premiums, interest from investments and payouts from other insurance brokers
v. Responsible for tracking outgoing funds, including payouts for daims, operating expenses and other overhead, payroll, and bonuses
vi. Prepare bank deposits, general ledger postings and statements
vii. Implement and document controls and procedures.
viii. Reconcile accounts in a timely manner
ix. Provide daily, weekly and monthly workflow
x. Prepare monthly financial statements and analysis.
xi. Respond to requests from regulators and extemal auditors
xii. Function in accordance with established standards, procedures and applicable laws

Who should apply?

• A good first degree in Finance or Accounting (minimum of second class lower) from a reputable tertiary institution
• ACA or ACCA qualification or its equivalent will be an added advantage
• Minimum of 2 years' post qualification experience in an insurance sector;
• Familiarity with bookkeeping and basic accounting procedures
• Competency in MS Office, data bases and accounting software
• Good communication and interpersonal skills
• Accuracy and attention to detail
• Candidate must be an intellectually curious self-starter with ability to work without constant supervision
• Applicants should not be more than 30 years of age.