Reinsurance Technical Accountant

Wakam; Singapore; Hybrid; SGD 120,000 - 180,000; Full time

Job summary

Wakam is seeking a Reinsurance Technical Accountant to execute and secure reinsurance accounting processes end-to-end, producing accurate account statements and maintaining a reliable reinsurance sub-ledger with strong reconciliations and closing support.

You will also contribute to xLayer adoption, collaborate with brokers, reinsurers, and the Finance team, and help drive process improvements in a fast-moving, international environment.

Qualifications

• Solid background in accounting/finance and technical insurance data.
• Experience with reconciliations, closing processes, and audit evidence.
• Exposure to insurance/reinsurance accounting (treaties, bordereaux, settlements).
• Proficient with Excel and finance systems.

Responsibilities

• Prepare quarterly, semi-annual, and annual account statements for treaties.
• Reconcile bordereaux data with internal systems and calculate premiums and recoverables.
• Maintain reinsurance payables, receivables, and recoverables; support month-end closures.
• Participate in xLayer UAT and assist with process improvements.
• Liaise with brokers and reinsurers to respond to settlement queries and manage adjustments.

Skills

Accounting & Finance

Reconciliations

Closing processes

Audit evidence

Insurance accounting

Stakeholder collaboration

Tools

Excel

Finance systems

Job description

About the Team

Join the dynamic Finance team at Wakam, where we're the driving force behind strategic financial decision-making and operational excellence. Safeguards Wakam's financial health through strategic fiscal management, budgeting, and financial reporting.

The Finance team plays a crucial role in supporting the company's growth objectives, from financial planning and analysis to risk management and compliance, we're committed to driving efficiency and maximizing value across the organization.

Your Mission

As aReinsurance Technical Accountant, your mission is toexecute and secure reinsurance accounting processesend-to-end: produce accurate and timelyreinsurance account statements, maintain a reliablereinsurance sub-ledger, and ensure strongreconciliations and closing support. You will also play an active role in adopting new ways of working through thexLayerrollout and contribute to process improvements.

Your Responsibilities

Reinsurance Settlement Production

You will prepare quarterly, semi-annual, and annualaccount statementsfor the treaties in your scope. You will reconcile bordereaux data (premiums, claims, commissions) with internal systems, calculate premiums payable/receivable and loss recoverables, and validate the technical accuracy of settlements. You will coordinate with brokers and reinsurers to answer settlement queries, manage adjustments, and close open points.

Accounting Entries & Reconciliation

You will maintain accurate balances for reinsurance payables, receivables, and recoverables, and support month-end and quarter-end closing activities. You will also produce clear supporting documentation to ensure auditability and facilitate internal/external audit requests.

xLayer Adoption & Process Improvement

You will participate inxLayer UAT, provide feedback on accounting workflows, test settlement calculations and accounting interfaces, and support the transition to new processes and tools. You will contribute to continuous improvement and, where relevant, help train team members and business users on updated workflows.

Stakeholder Collaboration

You will act as a primary Finance contact for reinsurer queries and discussions, driving conversations needed to reach agreement on statement of accounts with reinsurers and/or brokers. You will liaise with the Reinsurance team on treaty terms and technical questions, coordinate with brokers on bordereau submissions and settlement timing, and support theCash Manageron payment tracking and collections.

What You Bring

You bring a solid background inaccounting/finance, strong attention to detail, and comfort working with technical insurance data. You have experience withreconciliations, closing processes, and audit evidence, and ideally exposure toinsurance/reinsurance accounting(treaties, bordereaux, settlements, recoverables). You are comfortable working with Excel and finance systems, and you can collaborate effectively with multiple stakeholders (brokers, reinsurers, Treasury, Reinsurance, Finance).

Who You Are

You arerigorous, structured, and reliable, with a strong sense of ownership and a “get-things-closed” mindset. You communicate clearly, handle counterparties confidently, and remain pragmatic when resolving discrepancies and settlement discussions. You also enjoy improving the way things work, not just executing them.

AI & Digital Mindset

You are comfortable adopting new tools and using automation to improve accuracy and efficiency (standard checks, reconciliations, reporting packs, documentation support). You value traceability and controls, and you contribute to making processes more scalable and audit-ready, especially during system transformation.

Why Join Wakam?

You will work at the heart of Wakam’s reinsurance operating model, with direct impact onfinancial reliability, settlement quality, and cash visibility. You will also gain hands-on exposure to a significant transformation program (xLayer) in a fast-moving, international and mission-driven environment.

Hiring Process

Our recruitment process is designed to beclear, structured, and efficient:

1. Screening interview with our Talent Acquisition Partner

2. Interview with our Chief Financial Officer

3. Final interview with our VP People & Communication