Finance Executive

MARNIX REINSURANCE BROKERS PTE. LTD.; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A reinsurance brokerage firm located in Singapore seeks an experienced professional to manage incoming receipts and outgoing payments. The ideal candidate should have over 3 years of experience in the re/insurance industry and be proficient in MS Excel. Responsibilities include handling premium collections, processing payments, monitoring warranty compliance, and conducting regular reconciliations. Strong communication, organization, and teamwork skills are essential. The role offers an opportunity to work in a dynamic environment with tight deadlines.

Qualifications

• At least 3 years of experience handling receipts and payments in the re/insurance industry.
• Experience in the reinsurance broking field will be an advantage.

Responsibilities

• Handle premium/claims collections and ensure timely recording of receipts.
• Process and ensure prompt premium/claims payments within warranty dates.
• Monitor premium warranty compliance and follow up with clients.
• Undertake regular reconciliation of receipts and payments.
• Work closely with other departments to resolve outstanding items.
• Any other duties as assigned.

Skills

Verbal and written communication skills

Problem-solving skills

Organization and prioritization

Ability to work under pressure

Team player

Proficient in MS Excel

Education

Diploma in Accountancy or equivalent

Job description

Overview

This role is to handle re/insurance incoming receipts and outgoing payments.

Responsibilities

• Handle premium/claims collections and ensure timely recording of receipts.
• Process and ensure prompt premium/claims payments within premium warranty dates and due dates.
• Monitor premium warranty compliance and follow up with clients/cedants.
• Undertake regular reconciliation of receipts and payments of clients/cedants/reinsurers.
• Work closely with other departments in resolving outstanding receivables and payables.
• Any other duties as assigned.

Job Requirements

At least 3 years of experience handling receipts and payments in the re/insurance industry.

Experience in reinsurance broking field will be an advantage.

Skills & Competencies

• Diploma in Accountancy or equivalent
• Good verbal/written communication and problem-solving skills
• Meticulous, organized and able to prioritize work
• Ability to work under pressure with tight deadlines
• A good team player
• Proficient in MS Excel