Finance Analyst, Asia Pacific Finance Group (Reinsurance Treaty)

Allied World Assurance Company Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A global insurance provider in Singapore seeks a qualified finance professional to lead the implementation of regulatory requirements and manage reinsurance treaty contracts. The ideal candidate will have a degree in Accountancy or Finance, substantial experience within the insurance industry, and strong communication skills. This role offers opportunities for professional growth through mentoring and development programs.

Benefits

Structured coaching program

Access to learning and development tools

Global network of colleagues

Qualifications

• Substantial experience in the Insurance industry, preferably non-life insurance.
• Passionate to work in a fast-moving environment.
• Team player able to meet deadlines.

Responsibilities

• Ensure reinsurance treaty contracts are rendered timely and accurately.
• Support the month-end and year-end close processes.
• Continuously identify and improve processes across finance activities.

Skills

Hands-on multi-tasking ability

Good communication and interpersonal skills

Detail oriented

Ability to prioritize workload

Education

Degree in Accountancy or Finance

Tools

Excel

Job description

Overview

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

Play a lead role in the implementation of impending regulatory requirements and integration-related projects within the region.

Job Duties

• Ensure reinsurance treaty contracts are rendered timely and accurately – be a subject matter expert in Reinsurance Treaty management.
• Ensure monthly balance sheet and treaty reconciliations are prepared and accounted for.
• Ensure monthly/quarterly/yearly commissions payments are prepared accurately and settled within timeline.
• Lead and ensure reinsurance including facultative payments are settled timely and accurately.
• Provide strong support to Finance Manager and other business functions to ensure high level of performance in terms of finance operational activities, including internal/external audits, ensuring internal controls/SOX are in place and the preparation and review of Local/Group reporting requirements.
• Continuously identify and improve processes across finance activities. Work closely with functional teams to constantly improve productivity and quality of finance and accounting operations, systems and processes.
• Support the month-end and year-end close processes and ensure quality control over financial transactions and financial reporting.
• Ensure high level engagement, learning and development, resolving issues and ensuring no-surprises in finance deliverables.
• Any other ad-hoc duties assigned.

Essential Requirements

• Degree in Accountancy or Finance
• Substantial experience in the Insurance industry, preferable non-life insurance
• Ability to be hands-on, multi-task and meet tight deadlines
• Excellent PC skills with a good working knowledge of Excel and front-end insurance source systems
• Good communication and interpersonal skills, hands-on and detail orientated
• Passionate to work in a fast-moving environment
• Team player with ability to meet weekly, monthly and quarterly reporting deadlines
• Ability to organize and prioritize workload effectively

Working at Allied World

Our team of over 1,500 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 Family — 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

We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, London, Los Angeles, Malaysia, Melbourne, Miami, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug.

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 ofFairfax Financial Holdings Limited,and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion 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.

To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.