Job Description

At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.
It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial wellbeing as an organisation, the better we can support and make a difference for our customers when they need us most. By ensuring our products are well designed and priced, analysing business performance and ensuring proper management of insurance policies in-force, you're not just safeguarding AIA's financial wellbeing. You're securing a better future for the people and communities we serve - today, tomorrow and for generations to come.
If that interests you, read on.
About the Role
Support on Reinsurance Management, Reinsurance Accounting and Reporting Functions.
Responsibilities

• Prepare Reinsurance (RI) related accounting posting and reporting as part of the

monthly/quarterly process for outward reinsurance.

• Prepare RI statement of account (SOA) for outward reinsurance, liaise with reinsurers to

clarify on queries and to process the settlement upon confirmation of the RI SOA.

• Prepare financial account balance reconciliations between the ledger and RI SOA for all

outward reinsurance on a quarterly basis.

• Attend to audit queries on reinsurance accounting, processes and controls.
• Support on the set up and testing of new RI transaction in the administration system and

accounting system.

• Support in reinsurance treaty arrangement (RI approval process, treaty review and

documentation), treaty performance monitoring and review.

• Support on internal and regulatory reporting requirements related to RI.
• any other ad-hoc tasks as assigned to support the department function

Requirements

• Meticulous and detailed-oriented.
• Advanced MS Excel, basic SQL and Tableau skills
• willingness to work in a fast-paced environment
• good interpersonal and communication skills
• good analytical skill
• basic accounting concepts
• at least 5 years of relevant working experience in life reinsurance

Believe in better with AIA. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career - your way!
#LI-SF1
Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.
You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.

Skills Required