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
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
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