Finance Analyst, Asia Pacific Finance Group (6-month contract)

Allied World Assurance Company Ltd; Singapore; On-site; SGD 45,000 - 60,000; Full time

Job summary

Allied World is seeking a Finance Operations Analyst to join our Singapore team. You will process premium and claim payments, monitor cash applications, and support month-end reporting, collaborating with underwriters, brokers, and senior management.

You will help manage the premium escalation process, assist with reconciliations, and contribute to process improvements within Finance Operations, ensuring SOX compliance and timely reporting.

Qualifications

• Diploma in Finance or Accounting.
• Background in Accounts Receivable desirable.
• More than 3 years in Finance Operations.
• Insurance industry experience is an advantage.
• Experience handling volume transactions.
• Good communication and interpersonal skills.
• Proficient in Excel and Microsoft products; strong analytical ability.
• Able to meet weekly and monthly reporting deadlines; organized under pressure.

Responsibilities

• Process premium and claim payments and monitor settled direct transactions in the workflow system.
• Ensure unallocated receipts are matched on a timely basis.
• Work with stakeholders to resolve disputes and maintain unallocated receipts to acceptable levels.
• Liaise with Underwriters, Brokers and senior management to ensure timely booking of policies.
• Process claims, premium refunds and commissions; manage the premium escalation process.
• Support month-end closing activities and analysis of operation reports within closing timelines.
• Ensure compliance with established SOX procedures and participate in finance process improvements.

Skills

Account Receivables

Communication skills

Analytical skills

Education

Diploma in Finance or Accounting

Tools

Excel

Microsoft Office

Job description

Take the next step in your career with us. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members.

Job Summary

The Finance Operations Analyst will be responsible for processing premium and claim payments, payment refund, daily cash application and supporting month-end reporting deliverables including Accounts Receivables and queries. This role involves liaising with Underwriters, Brokers, and senior management, managing premium escalation processes, and assisting with finance operations projects and initiatives.

Job Duties and Responsibilities

Financial Operations & Reconciliation

• Process premium and claim payments and monitor settled direct transactions in the workflow system
• Ensure unallocated receipts are matched on a timely basis
• Work with stakeholders to resolve disputes and maintain unallocated receipts to acceptable levels

Premium & Claims Processing

• Liaise with Underwriters, Brokers and senior management to ensure timely booking of policies
• Liaise with operations and internal stakeholders to ensure the accurate processing of premium
• Process claims, premium refunds and commissions
• Manage the premium escalation process

Reporting & Analysis

• Support with month end closing activities
• Assist in preparation and analysis of monthly/quarterly operation reports within closing timelines

Compliance & Process Improvement

• Ensure compliance with established SOX procedures
• Assist in projects and initiative in Finance Operations
• Participate in process improvement projects to enhance Finance Operation efficiency
• Cover for team members during absences and perform other ad hoc tasks as assigned

Qualifications

• Diploma in Finance or Accounting
• Background in Account Receivables desirable
• More than 3 years in Finance Operations
• Previous experience working in the insurance environment an advantage
• Experience in handling volume transactions
• Good communication and interpersonal skills
• Working knowledge of Excel and Microsoft products coupled with solid analytical and problem-solving skills
• Ability to meet weekly and monthly reporting deadlines. Ability to organise and prioritise workload effectively and work under pressure
• Ability to work well under tight deadlines with minimal supervision
• Collaborative, communicative, and empowering values
• Strong team player with effective communication skills for internal and external stakeholders
• Desire to look for opportunities to deliver process efficiencies to support the drive for a scalable function

Working at Allied World

Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years.

This is what you can expect when you join us:

• Instant membership in the Allied World — a global network of colleagues who will support your career journey
• A manager who will help you build your career through a structured coaching program
• Access to a full suite of learning and development tools and resources

Global Presence

Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holding Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in a non-traditional ways.

Allied work is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religions or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

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