Reinsurance Accountant ($10K) (ID : 679287)

Roles & Responsibilities

Reporting directly to the VP, Controller – Singapore. This role is responsible for supporting certain aspects of the financial accounting, internal controls, budgeting, and financial reporting for the company.

Reinsurance Accounting

• Assist with all aspects of monthly and quarterly reinsurance premiums and claims reporting from internal business unit level reporting and legal entity review 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, claims and related transactions in both reinsurance accounting systems and general ledger and liaising with internal audit where necessary
• Understanding of how technical balances are accounted for in our reinsurance accounting system, SICS.
• Assisting with the monthly and quarterly close of reinsurance systems
• 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.
• Perform detailed analysis and monthly / quarterly reconciliation of assumed / ceded premiums and claims to ensure a thorough understanding of reported results, troubleshooting any issue through to a successful conclusion.
• Participate in on-going refinement / improvement of business processes, analytical tools and reinsurance accounting platform ensuring the Singapore team needs are met.

Financial Accounting

Responsible for the preparation of quarterly and annual returns and liaise with external auditors

Requirements :

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.

EA License No. : 01C4394 (PERSOLKELLY Singapore PTE LTD)

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Tell employers what skills you have

IFRS

External Audit

Technical Analysis

Consolidation

Reinsurance

Treatment

Financial Accounting

Accounting System

Auditor

Internal Controls

GAAP

General Ledger

Financial Statements

General Insurance

Budgeting

Financial Reporting