Technical Accountant

2 weeks ago


Singapore Allied Search Pte. Ltd. Full time
  • Mon-Fri, office hour
  • Raffles Place
  • $4500 - $5500

Main Responsibilities:

  • Ensure that all Treaty Statement of Accounts from Brokers/Cedants are furnished and booked on a timely and accurate basis
  • Handle Treaty Technical accounts(both Inwards and Outwards):
  • Prop Treaty: Checking/booking SOA, Estimates Premium, Profit Commission, Sliding Scale Commission and Cash Calls. Maintaining Outstanding Loss Reserves. Follow up on Cash Calls refunds.
  • Non Prop Treaty: Checking/booking MDP, Estimates Premium, Premium Adjustment and Reinstatement Premium
  • Handle Treaty Credit Control
  • Premium and Claims collection/payment. Monitor outstanding ageing balances for brokers/cedants. Allocate receipts and payments in the system.
  • Coordinates with underwriters on policy terms (when necessary)
  • Coordinates with claims handlers on claim payables (when necessary
  • Any other projects / duties assigned

Requirement:

  • Minimum Diploma in Accounting/Finance or related field or equivalent
  • Minimum 3 years Treaty accounts/credit control experiences in the reinsurance industry
  • Knowledge of Treaty Technical Accounting/Credit Controlling, familiar with Reinsurance regulatory reporting framework
  • General Insurance certified preferred

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