For ambitious finance professionals, the Finance Manager (Short-Term Insurance) role offers an appealing permanent opportunity with a competitive annual CTC from R600,000 to R800,000. Only candidates holding a CA(SA) qualification with solid experience in short-term insurance are considered. The role is vital within a growing, highly regulated insurance company focused on responsible, compliant growth and strong governance standards.

This position’s requirements call for an applicant who is not only CA(SA)-qualified, but also has completed SAICA articles and has at least two years of post-article experience in the short-term insurance space. Knowledge of motor, property, and liability lines, as well as experience in compliance, regulatory reporting, and capital and solvency oversight, will truly set candidates apart.

Key Responsibilities and Daily Duties

The Finance Manager oversees monthly management accounts, executes budgeting and forecasting, and ensures annual financial statement preparation is in accordance with regulations. Daily, you’ll manage insurer bank accounts, handle premium, claims and cash flows, and safeguard the accuracy of financial reports submitted to Exco and Board.

Regulatory compliance is a pillar of the job. The successful applicant manages submissions to the Prudential Authority, supports audit processes, and maintains alignment with SAM, IFRS, and local insurance regulations. You will also ensure robust internal controls and policies are in place.

Supporting capital and solvency management, this role requires regular monitoring of solvency coverage ratios, collaboration with actuarial teams, and helping guide the insurer’s Own Risk and Solvency Assessment (ORSA).

Day-to-day, expect a blend of strategic and hands-on work, making use of advanced Microsoft skills and modern accounting systems such as Xero and Sage Pastel. The function operates administratively, with a pathway to in-house finance as operations expand.

Expertise with binder, UMA, and outsourced models, as well as broker due diligence, are advantageous but not mandatory. The company values proactive professionals who thrive in growing, lean environments.

What Stands Out About This Job

High-calibre accounting professionals are rewarded with an excellent CTC and a permanent contract, providing stability and room for career progression. The company’s ongoing expansion means future opportunities are likely to arise.

The employer prioritises governance, compliance, and actuarial oversight, minimising risk and empowering employees to make well-informed decisions. This is excellent for anyone looking to further their expertise in regulated financial environments.

Exposure to a range of insurance products including motor, property, and liability lines ensures your skillset remains versatile and in demand across the industry.

Modern tools and best practices are emphasised, helping employees keep their technical skills sharp. You’ll also play a vital role in both internal and external audit support, which is attractive for those who appreciate variety.

Additionally, there is potential to transition to a more in-house focus as the company scales, signalling a strategic investment in their people for the long haul.

Some Potential Drawbacks

The position has a firm prerequisite: candidates lacking a CA(SA) or short-term insurance background are not eligible, limiting entry for less-qualified applicants.

The highly regulated environment, while providing security, could feel restrictive to those who desire more creative or entrepreneurial responsibilities. Expect routine regulatory processes.

Final Thoughts: Is This Job for You?

This Finance Manager (Short-Term Insurance) role is a promising opportunity for CA(SA) professionals passionate about non-life insurance and regulatory excellence. The financial, professional and growth rewards clearly outweigh potential limitations if you meet the criteria.

Apply if you enjoy combining hands-on financial management with strategic growth in a governance-driven environment. The fit is best for proactive individuals who want to make an impact within a scaling insurance business.