Job Description

Main Purpose:

To perform technical accounting and credit control management for Direct and Reinsurance classes of business


Main Responsibilities:

• Record and bank-in all cheques received
• Posting cash receipts, cash payments and journal vouchers for Syndicate
• Allocation of receipts and payments for Syndicate
• Ensure timely and accurate preparation of internal technical reports such as monthly written and paid premium bordereau to London
• Perform chasers for overdue debts and cash allocations for individual insurance policies
• Responsible for premiums collections by handling queries, monitoring and expedite collection of brokers\xe2\x80\x99 outstanding balances, and preparation of credit control reports giving updates on collections for management review
• Responsible for sending statements of accounts out to brokers/cedents for payments
• Analyse accounts receivables and ageing of accounts to determine overdue accounts, review provisions and collection procedures aiming to reduce / eliminate overdue balances
• To assist on internal and external reporting such as Management accounts
• To manage properly other ad-hoc tasks as and when assigned by management

Skills and Experience:

• Knowledge or experience in various Direct and Facultative Insurance classes of business
• Computer literate
• Proficiency in Microsoft Excel

Company Values:

• Do things properly

High personal standards (including integrity) with a desire to achieve excellence

• Achieve together

Committed to role with willingness to take accountability

A team player embracing a collaborative approach

• A personal touch

Strives to deliver high standards of service to build strong business relationships and high levels of customer satisfaction

• Serious about success

Motivated and driven to succeed


Personal Qualities:

• \xe2\x80\x9cCan do\xe2\x80\x9d attitude
• High integrity and ethics
• High level of independence and initiative
• Self-motivated with strong interpersonal and effective communication skills
• Strong ability to manage multiple tasks professionally to completion before deadline
• Works effectively in a team-based environment
• Willingness to take on additional responsibilities

Technical Accountant