Sibusiso Isaac Masangu
Senior Reinsurance Accountant
Roodeport
Summary
Detail-oriented Accountant with 6 years effectively maintaining accurate accounting information for large-scale financial organizations. History working as part of financial team to manage diverse financial functions, reinsurance accounting and reporting.
Overview
9
9
years of professional experience
2012
2012
years of post-secondary education
1
1
Language
Work History
Senior Reinsurance Accountant
Bryte Insurance Company
08.2024 - Current
- Manage reinsurance technical accounting.
- Keep the general ledger up to date, journal entries and account analysis.
- Reconcile reinsurance accounts.
- Prepare reinsurance statements and manage cash flows.
- Produce monthly and quarterly reinsurance reports.
- Analyse results and balances.
- Assist with implementing a new reinsurance system.
- Prepare statistics for reinsurance treaties.
- Streamline accounting processes.
- Set up and test reinsurance treaties and facultative contracts.
- Lead change efforts for new systems.
- Assisting junior accountants with their duties.
Reinsurance Accountant
AON Reinsurance Solutions
06.2024 - 08.2024
- Reinsurance claims handling.
- Liaising between cedents and reinsurers on reinsurance transactions.
- Collecting balances from cedents & reinsurers.
- Arranging settlement between to and from cedents & reinsurers.
- Assisting cedents & reinsurers with all queries.
Reinsurance Accountant
Guardrisk Insurance Company
02.2021 - 05.2024
- Manage reinsurance technical accounting for non-proportional reinsurance.
- Month-end process for reinsurance, journal preparation and posting.
- Reconciliation of reinsurance general ledger accounts.
- Liaising with business on reinsurance balances, and structures.
- Recovering funds due from reinsurers through brokers or direct.
- Settling balances due to reinsurers, through brokers or direct.
- Training of new team members.
- System improvements.
Graduate Intern (Finance)
Guardrisk Insurance Company
02.2020 - 01.2021
Assistant Team Leader
Metropolitan Health Group
04.2019 - 01.2020
Contextualizing Clerk
Metropolitan Health Group
02.2018 - 01.2020
Medical Claims Assessing Intern
Metropolitan Health Group
02.2017 - 01.2018
Education
Grade 12 (Matric) -
Vumabesala Senior Secondary School
Bachelor of Commerce - Financial Management
University of South Africa (UNISA)
Bachelor of Commerce Honours - Financial Management
University of South Africa (UNISA)
Postgraduate Diploma - Risk Management
University of South Africa (UNISA)
Medical Claims Assessing - undefined
INSETA
Skills
Time management
Data inputting
Financial reporting
Financial analysis
Bank reconciliation
Cash flow analysis
Funds management
Audit support
Account reconciliation
Financial statements
General ledger entries
General ledger accounting
Attention to detail
Account reconciliation processes
Finance
General ledger management
Financial management
Risk management
Internal controls
Year-end close
Reporting
Full Names
Sibusiso Isaac
Driver License
Code C1
Health
Good
Criminal Record
None
Personal Information
- ID Number: 940428****083
- Date of Birth: 28/04/1994
- Gender: Male
- Nationality: South African
- Marital Status: Single
- Place of Birth: Gemsbokspruit
Timeline
Senior Reinsurance Accountant
Bryte Insurance Company
08.2024 - Current
Reinsurance Accountant
AON Reinsurance Solutions
06.2024 - 08.2024
Reinsurance Accountant
Guardrisk Insurance Company
02.2021 - 05.2024
Graduate Intern (Finance)
Guardrisk Insurance Company
02.2020 - 01.2021
Assistant Team Leader
Metropolitan Health Group
04.2019 - 01.2020
Contextualizing Clerk
Metropolitan Health Group
02.2018 - 01.2020
Medical Claims Assessing Intern
Metropolitan Health Group
02.2017 - 01.2018
Bachelor of Commerce - Financial Management
University of South Africa (UNISA)
Bachelor of Commerce Honours - Financial Management
University of South Africa (UNISA)
Postgraduate Diploma - Risk Management
University of South Africa (UNISA)
Medical Claims Assessing - undefined
INSETA
Grade 12 (Matric) -
Vumabesala Senior Secondary School