Job Description

Entity: Allianz Insurance Singapore

This position is part of the finance operations team reporting to the Head of Finance Operations / Finance Operations Manager. The incumbent will be responsible for settlements, credit control and finance operation processing on transaction with intermediaries. Additionally, you will need to communicate with intermediaries and will be involved in finance transformation projections such as UAT on system improvements, improving workflow and process within the finance operations department.

Responsibilities:

Manage settlement for premiums, commissions, credit control and daily finance operation processing on intermediaries

Manage reconciliation of funds received and perform inter system and suspense reconciliation

Perform RI settlement and reconciliations and liaise with internal/ external stakeholders to resolve related issues

Responsible for sending statement of account and commission advice for intermediaries

Perform credit card charging for aged premiums and liaise with intermediaries and Policy Management Team for related matters

Perform processing works with data security control execution

Manage and resolve all disputes and issues with intermediaries in collection of premiums

Propose and establish improvements in processes and controls in AR scope of work

Establish SOP for AR scope of work assigned where need be

Liaise with Business Development Teams in the management of intermediaries

Liaise with IT Technical Team and/ or Policy Management Team to resolve discrepancies in bookings, GST and intermediaries account set up that affects premium collection

Any other Ad-Hoc job task assign by Finance Operations Manager

Capabilities & Qualifications:

Degree in Accountancy and Finance

Minimum at least 2 years of experience in finance operations of an insurance company.

Ability to understand, elaborate and convey information clearly and effectively in respect to the audience / level of management (both verbal and in writing)

Ability to identify patterns and root causes in complex (e.g. ambiguous, from various sources) data and processes to rapidly distill key issues and provide insight and resolution in various situations

Ability to handle complex processes (closing, reporting, finance operations) including understanding of data flows

Ability to navigate well when presented with an ambiguous and complex situation/ process

Preferably with knowledge and understanding in Reinsurance structure and processing of works in this area

27781 | Finance & Accounting | Entry Level | Non-Executive | Allianz Singapore | Full-Time | Permanent

Allianz