Executive, Technical Accounts

Singapore, Singapore

Job Description

A global reinsurance firm is looking out for a Technical Executive to join its Technical Underwriting Operations Team. He/ She will be assisting the Manager in all aspects of Underwriting Operations and Technical Accounting related matters.

:

- Checking and booking of Statement of Accounts, Minimum & Deposit Premium and Profit

- Commission Statements, Sliding Scale Commission Statement, Loss Participation Statements, Outstanding Loss Reserves, etc

- Monitor receipt of - statements of accounts, premium adjustments, profit commission statements, Sliding Scale Commission Statements, Loss Participations, etc

- Monitor of 3C lists - on Cancellation/Commutation. To ensure timely input of information in SICS as well as necessary chasers of SOAs for affected contracts

- To refer to the 3C guidelines

- Monitor outstanding premium reserves releases, outstanding credit for cash call loss and outstanding loss update

- Ensure data accuracy of the Technical Bookings in SICS

- Ensure timely Monthly and Financial Year end Technical Closing

- Monitoring and clearing of Unallocated Receipts

Other Responsibilities:

- Organize, maintain and file all documents accurately - both in physical files as well as electronically as setup in the respective underwriting folders & Business Workspace (XECM)

- Ensure timely month-end closing/ daily bookings to SICS

- Ensure Technical Operations/ Accounts work processes and procedures are adhered to

- Any other related duties as assigned by Team Leader/ Managers

Requirements:

- Proficient in Microsoft Office

- Relevant experience in reinsurance technical accounting

- Strong Reinsurance Technical Accounting knowledge and analytical skills

- High level of accuracy and attention to detail

- Good level of communication skills, both written and verbal

- Highly motivated, independent, meticulous, adapt to changes and has a positive attitude

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Job Detail

  • Job Id
    JD1194601
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned