General Accounting Claims Team Lead

Hammerjack Pty Ltd; Philippines; On-site; PHP 600,000 - 900,000; Full time

Job summary

Hammerjack Pty Ltd is seeking a Team Lead for Non-Life Claims Accounting. The role involves supervising daily accounting processes for non-life claims, verifying payments, and ensuring loss reserves and reports accuracy.

You will lead a team of claims accountants to support financial objectives and maintain compliance with procedures and SLAs. The ideal candidate holds a Bachelor’s degree in Accountancy (CPA a plus), with 3+ years in claims accounting or related fields and at least 1 year in a

Qualifications

• Bachelor's/College Degree in Accountancy required.
• CPA is an advantage.
• At least 3 years of experience in claims accounting, technical accounting, or financial reporting within the insurance agency.
• At least 1 year in supervisory or team lead capacity.

Responsibilities

• Supervise daily accounting processes for non-life claims and verify payments.
• Oversee accuracy of loss reserves and related reports.
• Lead a team of claims accountants to meet financial objectives.
• Ensure compliance with established procedures and SLAs.
• Provide guidance, coaching, and performance feedback to direct reports.

Skills

MS Office suite

Data analysis

English communication

Attention to detail

Education

Bachelor's/College Degree in Accountancy

CPA (advantage)

Tools

Excel

PowerPoint

Word

Job description

An Overview of your Role

The Non-Life Claims Accounting Team Lead is responsible for the direct supervision and execution of daily accounting processes for all non-life insurance claims. This includes overseeing the verification of claims payments, ensuring the accuracy of loss reserves and reports and leading a team of claims accountants to support the section's financial objectives.

Duties and Responsibilities

• Financial Management (Claims Accounting). Plans and implements department-specific strategies as aligned with the organization's overall strategy in terms of budget and expenditure optimization monitoring budget adherence, allocating resources properly and identifying opportunities to optimize costs.
• Experience Management (Claims Accounting). Supervises day to day delivery of services by the team, monitors adherence to SLAs, troubleshoots issues and provides performance feedback to improve client experiences.
• Process Management (Claims Accounting). Manages the end-to-end operational workflow of the team and is directly accountable for its compliance with established procedures, accuracy and adherence to service level agreements. Develops and implements policies and guidelines for the section to ensure alignment with its objectives and the company's direction.
• Data Management (Claims Accounting). Supervises the team's compliance to the department's data and document management standards, guidelines and procedures to ensure the accuracy and completeness of the team's records and databases.
• Talent Management (Claims Accounting). Provides daily guidance, performance feedback, coaching, counselling and development opportunities to direct reports to foster engagement, growth and continuous improvement.

A Bit About You

• Candidate must possess at least a Bachelor's/College Degree in Accountancy or any Accounting related courses.
• CPA is an advantage.
• With at least 3 years of experience in claims accounting, technical accounting, or financial reporting within the insurance agency.
• With at least 1 year in a supervisory or team lead capacity.
• Ability to demonstrate expertise in applying and overseeing te application of specialized accounting principles for insurance claims, including the valuation of loss reserves, IBNR (Incurred But Not Reported) and the generation of technical reports like Losses Triangles.
• Knowledgeable in Technical Financial Reporting and Analysis, Ledger Reconciliation and Control, Cross-Functional Workflow Management.

What We Need

• Proficient in MS Office (word, excel, PowerPoint etc.) with data analysis tool.
• With excellent English communication skills both oral and written.
• With excellent attention to detail.
• Must be willing to work in BGC, Taguig City