Finance Operations Analyst: Insurance Payments & Reporting

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

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.