Employment Type
Full-time
Reports To
Chief Financial Officer (CFO)
Roles and Responsibilities
- Manage premium, claims, commission, and treaty accounting processes.
- Maintain bordereaux, financial reconciliations, and client-money control records.
- Process settlements and manage Insurance Broking Account (IBA) and other fiduciary accounts.
- Liaise with brokers, clients, and reinsurers to resolve accounting and financial queries.
- Monitor financial transactions and ensure accurate recording of reinsurance-related payments.
- Support external audits and the preparation of regulatory financial reports for the Pensions and Insurance Authority (PIA).
- Ensure proper financial documentation and compliance with applicable accounting and regulatory requirements.
Qualifications and Requirements
- Minimum of five (5) years' reinsurance or insurance technical accounting experience.
- Strong knowledge of Insurance Broking Accounts (IBA), client-money management, and reinsurance accounting.
- Accounting qualification such as ZICA, ACCA, or CIMA is strongly preferred.
- Full Grade 12 certificate with credits in English and Mathematics.
Responsibilities
- Manage premium, claims, commission, and treaty accounting processes.
- Maintain bordereaux, financial reconciliations, and client-money control records.
- Process settlements and manage Insurance Broking Account (IBA) and other fiduciary accounts.
- Liaise with brokers, clients, and reinsurers to resolve accounting and financial queries.
- Monitor financial transactions and ensure accurate recording of reinsurance-related payments.
- Support external audits and the preparation of regulatory financial reports for the Pensions and Insurance Authority (PIA).
- Ensure proper financial documentation and compliance with applicable accounting and regulatory requirements.
Skills
- Strong knowledge of Insurance Broking Accounts (IBA)
- Client-money management
- Reinsurance accounting
- Financial reconciliations
- Premium, claims, commission, and treaty accounting
- Financial documentation and regulatory compliance
Qualifications
- Accounting qualification such as ZICA, ACCA, or CIMA is strongly preferred.
- Full Grade 12 certificate with credits in English and Mathematics.
How to Apply
Job application procedure
Interested in applying for this job? Click here to submit your application now.
Submit your application as a single merged PDF document to:
- Cover letter.
- Detailed Curriculum Vitae (CV) containing at least two traceable references.
- Certified copy of the National Registration Card (NRC).
- Certified copy of the Grade 12 School Certificate.
- Certified copies of all academic and professional qualifications.
- Proof of professional membership, where applicable (e.g. Insurance Institute of Zambia – IIZA or Zambia Institute of Chartered Accountants – ZICA).
Use Business Development / Client Relationship Officer as the subject.
