Associate Reinsurance Accountant

Hannover Rueck; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

Join Hannover Rueck as an Associate Reinsurance Accountant within their Finance & Accounting team. This role involves validating reinsurance accounts, providing feedback on client issues, and analyzing portfolio performance. Ideal candidates will possess a degree in Accounting or Finance and experience in the reinsurance industry, with strong analytical skills and attention to detail.

Qualifications

• 2+ years of experience in insurance and reinsurance industry.
• Experience working with diverse, multicultural teams.

Responsibilities

• Validate and book Reinsurance Technical Accounts and Claim Advice.
• Provide feedback on technical issues raised by clients and brokers.
• Monitor accounts with unresolved concerns for discussions.

Skills

Analytical Skills

Detail-oriented

Problem-solving

Interpersonal Communication

Education

Bachelor’s Degree in Accounting

Bachelor’s Degree in Finance

Job description

Hannover Re - more than 3,500 employees at locations all over the world. Our strength? Connecting Power: We rely on each other. As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world and a reliable employer.

We are currently hiring an Associate Reinsurance Accountant to join our Finance & Accounting team.

Key Responsibilities:

• Validate and book Reinsurance Technical Accounts and Claim Advice.
• Ensure closings and documents are received timely and are in order to meet quarter closing requirements.
• Provide prompt feedback/response on technical issues raised by Hannover Re clients, brokers, underwriters, or other stakeholders to ensure all bookings are correct.
• Follow up on missing accounts diligently to close open items.
• Monitor accounts with unresolved concerns for underwriters’ meetings/ discussions with clients/ brokers to ensure issues are resolved promptly.
• Perform forecast & estimation for assigned portfolios and analyze portfolio performance.
• Review treaty premiums and claims quarterly, including true-up analysis for accuracy.
• Review, comment, and follow up on exception reports provided by FA-GRO and correct bookings in SAP FS-RI.
• Perform credit control tasks (FS-CD) and follow up on old outstanding balances, unmatched payments/receipts.
• Collaborate closely with underwriters and claims specialists to provide portfolio information.
• Take on key user roles as needed.
• Perform other ad-hoc tasks as assigned by Supervisor/CFO.

Job Requirements:

• Bachelor’s Degree in Accounting, Finance, or related field.
• Minimum 2 years of experience in insurance and reinsurance industry.
• Experience working with diverse, multicultural teams.
• Highly detail-oriented with strong analytical skills.
• Proven problem-solving abilities and sound judgment.
• Ability to work collaboratively within a team environment.
• Excellent interpersonal, written, and verbal communication skills for constant stakeholder interaction.

We are #somewhatdifferent – people with their own stories, experiences, and career paths. Everyone is welcome! Apply with just one click on the “Apply now” button and become part of our diverse team!

More about our work environment, entry opportunities, and development prospects can be found at www.hannover-re.com/en/career.

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Your application will include the following questions:

• Which of the following types of qualifications do you have?
• Which of the following statements best describes your right to work in Malaysia?
• How many years of credit control experience do you have?
• What’s your expected monthly basic salary?
• How many years’ experience do you have with forecasting for businesses?
• How many years’ experience do you have as an accountant?
• How many years of estimating experience do you have?
• How many years’ experience do you have in the insurance industry?

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