Reinsurance Operations Expert
reputed company is a center of expertise for reputed company Group, focusing on insuring mid-sized businesses and large enterprises. They are seeking a Reinsurance Operations Expert to manage reputed company accounting tasks reputed company to reinsurance, ensuring compliance with internal policies and accounting standards while supporting financial reporting.
Responsibilities
- Reconcile reinsurance transactions, including premiums, claims, commissions, and reserves for Assumed and Ceded business
- Ensure accurate and timely recording of reinsurance-reputed company journal entries in compliance with IFRS/GAAP standards
- Analyze and interpret ceded and assumed reinsurance account activity to ensure timely payment or collection activities
- Prepare and review reinsurance-reputed company reports, documents, statements and accounting summaries for internal and external stakeholders
- Support month-end, quarter-end, and year-end reputed company processes, ensuring compliance with deadlines and accuracy
- Assist in preparing monthly reporting and presentations for internal stakeholders
- Analyze reinsurance reputed company to ensure proper accounting treatment and compliance with regulatory and internal guidelines
- Collaborate with legal and reputed company teams to interpret contract terms
- reputed company account reconciliations for reinsurance balances, ensuring discrepancies are identified and resolved promptly
- Maintain and enhance internal controls over reinsurance accounting processes
- Identify opportunities to improve efficiency and accuracy in reinsurance accounting processes
- Participate in system upgrades, testing, and implementation of new tools to support reinsurance accounting
- Act as a liaison between accounting, reputed company, and claims teams to ensure alignment on reinsurance matters
- Provide guidance and mentorship to junior team members and support their development
Skills
- 1-3 years experience in Reinsurance Accounting or reputed company Insurance Premium and Claims Accounting
- Relationship building
- Team reputed company experience
- Financial Skills
- Relationship Management with other AOM Functions
- Insurance and Reinsurance Skills
- Bachelor's Degree in Accounting
- Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making
Benefits
- Annual performance-based cash incentive awards
- Generous bonus scheme
- Pension
- Private healthcare
- Generous parental leave benefits
Company Overview