Technical Account Executive (Based at Labuan)

Labuan Reinsurance (L) Ltd - Official Page; Labuan; On-site; MYR 60,000 - 90,000; Full time

Job summary

Labuan Reinsurance is seeking a Senior Executive (Technical Accounting) based in our Labuan office to support complex financial data recording and reporting in the reinsurance domain. The role covers recording premiums and claims, reconciling accounts, assisting month-end closes, and data analysis.

Requirements include a degree in Accounting/Finance, at least 2 years’ accounting experience (insurance or finance preferred), and strong Excel skills.

Qualifications

• A degree in Accounting/ Finance.
• At least 2 years working experience in accounting, preferably in insurance or financial institutions.
• Strong Excel skills.

Responsibilities

• Recording & Processing: Book reinsurance premiums, claims, and adjustments in the general ledger.
• Reconciliation: Reconcile reinsurance accounts (payables/receivables) and cash flows with counterparties.
• Reporting: Assist the Manager in prepare internal reports for the Finance Reporting team such as month/year-end closes.
• Analysis: Assist the Manager and Finance Reporting team to analyze data on trends, validate reports, and discrepancies when necessary.

Skills

Excel

Education

Degree in Accounting/Finance

Job description

Labuan Reinsurance is one of the largest local growth Reinsurance companies with more than 35 years in Global Reinsurance. We currently looking for candidates for the Senior Executive (Technical Accounting) based in our WP LABUAN office.

Job Description

The Job incorporates the process of recording, classifying, and interpreting complex financial data, focusing on the minute details that are intrinsic to reinsurance operations.

Your Key Responsibilities focus on:

• Recording & Processing: Book reinsurance premiums, claims, and related adjustments (commissions, adjustments) in the general ledger.
• Reconciliation: Reconcile reinsurance accounts (payables/receivables) and cash flows with counterparties (cedent companies, brokers).
• Reporting: Assist the Manager in prepare internal reports for the Finance Reporting team such as month/year-end closes.
• Analysis: Assist the Manager and Finance Reporting team to analyze data on trends, validate reports, and discrepancies when necessary.

Job Requirement

• This position is based Labuan Wilayah Persekutuan.
• A degree in Accounting/ Finance
• At least 2 years Working experience in accounting field, and preferably from insurance or any financial institution and core function in Technical Accounting.
• Strong Excel skill

Attributes

• Self-starter and work independently on projects, tasks, and learning.
• Able to communicate with peers.
• Willing to learn
• Competent

We offer opportunities to fast track your career growth with technical training and training certification based on your career interest.