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Technical Accounting and Claims Handler

1 month ago

Singapore Munich Re Full time
Technical Accounting and Claims Handler Company Munich Re Location Singapore , Singapore

As the Regional Hub of APAC MEA, our Regional Middle Office Center (RMOC) based in Singapore has been increasing its team size to serve our clients better. You will work in a world-class organisation where you will provide reinsurance accounting and claims services to Munich Re clients and support the accounting operations within the CFO unit.

This requires efficient handling of a reinsurance accounting and claims portfolio, which includes verification, processing, coordinating and administering technical accounting and claims transactions for all natures of contracts and all lines of business.

Your job
  • Check and post reinsurance statements of account for reinsurance business
  • Process deposits and Letters of Credit
  • Handle facultative business (Reinsurance and PIRI businesses)
  • Independently handle (cross-line) claims from our treaty and facultative business
  • Process relevant large-loss notifications
  • Check and post reinstatement premiums
  • Coordinate and handle broker business
  • Perform credit control activities
  • Administer payment transactions (incoming and outgoing, including compliance with any financial sanctions, AML/CFT requirements) and current account management
  • Handle treaty maintenance (accounting/claims-related issues)
  • Interacting with internal and external clients to bring reinsurance accounting and claim matters to a conclusion
  • Support cross-unit working groups and initiatives

Your profile
  • Graduate (for example in finance, accounting, insurance, business, mathematics, law) or completed relevant apprenticeship
  • Sound knowledge of primary insurance and reinsurance
  • Knowledge of the principles of accounting
  • Comfortable in MS Excel and good IT skill
  • Professional working proficiency in English, other foreign languages would be an advantage
  • Strong teamwork and conflict-solving skills and a confident and engaging manner
  • Good communication skills (written and spoken)
  • Experience and precision in dealing with figures
  • Willing to make decisions and take responsibility for them
  • Conscientious, self-disciplined, independent and reliable work approach efficient and cost-conscious mindset
  • Strong client-centricity and resulted oriented
  • Open-minded, receptive to innovation and highly committed, even for work outside the section

Our Benefits:
  • Comprehensive insurance coverage
  • Flexible hybrid working conditions

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace.

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