Responsibilities
Reinsurance Accounting
- Assist with all aspects of monthly and quarterly reinsurance premiums and claims reporting from internal business unit level reporting and legal entity reviews to external SEC, GAAP and local Singapore regulatory reporting
- Assist with maintaining an appropriate S.O.X 404 control environment for the booking of premiums and claims and related transactions in both the reinsurance accounting systems and the general ledger
- Perform accounting reviews and analysis of reinsurance contracts to ensure appropriate GAAP accounting treatment
- Assist with technical analysis of contracts and other FASB and SEC research
- Assist with the timely monthly and quarterly close of the reinsurance systems
- Perform detailed analysis and monthly/quarterly reconciliation of assumed/ceded premiums and claims to ensure a thorough understanding of reported results, troubleshooting any issues through to a successful conclusion
- Participate in on-going refinement/improvements of business processes, analytical tools and the reinsurance accounting platform ensuring that the Singapore team needs are met
Financial Accounting
- Complete aspects of the monthly and quarterly consolidation and close processes
- Ensure appropriate SOX 404 processes exist and are followed for preparation and submission of financial data
- Support the continued enhancement and on-going development of various financial systems
- Support the preparation of detailed analysis, journal entry bookings and monthly/quarterly reconciliations to the general ledger, including bank and intercompany reconciliations
- Assist in the management of monthly GL entries
- Assist with the preparation of budgets and other financial plans for management information and group reporting
- Assist with annual GAAP and Statutory financial statements
- Liaise with internal and external auditors and vendors
Operations
- Assist with policy processing
- Assist with premium and receivable reconciliations on a monthly basis
- Assist with bordereaux processing for proportional deals and it’s corresponding analysis
- Cash pairing
- Claims processing
- Perform ongoing analysis and monitoring of reported claims
- Liaise with brokers and underwriters to ensure information is captured accurately and on a timely basis
- Liaise with global reinsurance operations and claims teams to troubleshoot complex issues and ensure processes are efficient and meet S.O.X. 404 requirements
Strategic Projects
- Perform ad hoc accounting projects and provide support to the global Finance team as needed.
Requirements
- Bachelor degree, or comparable experience
- Possess 3 years relevant prior experience in the reinsurance industry
- Applies strong technical skills to achieve results.
- Prioritises responsibilities, makes effective use of time and remains flexible to changing work needs/ demands.
- Clearly and concisely presents information in group settings adapting messages to the needs of the audience and effectively responds to Q&A.
- Consistently meets expectations excels when it matters most and responds quickly and effectively to resolve issues.
- Remains open to new thinking and ideas, and views situations from multiple perspectives
- Experience with public companies and SOX 404 is advantageous
- Strong working knowledge of general ledger and reinsurance accounting systems is preferred
- Experience with public companies and SOX 404 is advantageous
- Proficiency in the use of computer systems and applications (Microsoft Office Suite, etc.)
We apologize that only shortlisted candidates will be contacted. Thank you
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PERSOLKELLY Singapore Pte Ltd • RCB No. 200007268E
EA License No. 01C4394 • EA Registration No. R1653100 (Goh Jia Zhen Crystal)
