Senior Executive/Executive (Reinsurance Operations), Finance

MSIG ASIA PTE. LTD.; Singapore; Presencial; SGD 60 000 - 90 000; Tempo integral

Resumo da oferta

MSIG Asia Pte. Ltd. is seeking a finance professional in Singapore to support reinsurance inward and outward activities, including COI, with reconciliations and journal entries. The role involves month-end closing, IFRS17 journal entries, and SAP/Oracle-based reporting, with collaboration on audits and SOA preparation.

The candidate should understand accounting practices in insurance, work well in a team, and bring strong Excel and ERP experience. This position is office-based in Singapore.

Qualificações

• Good understanding of accounting practices, preferably insurance industry.
• Ability to work independently and collaboratively in a team environment.
• Relevant finance and accounting experience
• Knowledge of Oracle and SAP systems.
• Skilled in the use of Microsoft Excel.

Responsabilidades

• Reinsurance Inward Fac & Outward Fac (including COI).
• Perform reconciliations and follow up with reinsurers.
• Analyse Incoming Funds and process payment transactions.
• Prepare Oracle journal entries.
• Reinsurance Outward Treaty—perform reconciliations and prepare summaries & SOA.
• Manage settlement processes and follow up with Reinsurance Brokers.
• Month-End closing—perform balance sheet reconciliations for Reinsurance accounts and IFRS17 journal entries.
• Extract SAP COI listings and handle survey Fees rebilling.
• Yearly Audit Confirmation—prepare summaries and SOA.

Conhecimentos

Reinsurance

Financial reporting

Reconciliation

Formação académica

Accounting qualifications

Ferramentas

Oracle

SAP

Excel

Descrição da oferta de emprego

About Us

A leading general insurer with a local presence of over 100 years, MSIG Singapore offers an extensive range of insurance solutions for commercial and personal risk protection, enabling the security and safety of individuals and businesses. MSIG Singapore holds an A+/Stable financial rating by Standard & Poor's.

A testament to its growing strength and influence, MSIG Singapore has garnered numerous awards for delivering digitally innovative and customer-centric solutions. In 2023, 2022 and 2020, MSIG Singapore was awarded Insurance Asia Awards' Claims Initiative of the Year.

MSIG is a subsidiary of Mitsui Sumitomo Insurance Co., Ltd, and a member of the MS&AD Insurance Group - one of the largest general insurance groups in the world with presence in 50 countries and regions globally, 18 of which are in Asia Pacific including all ASEAN markets as well as in Australia, New Zealand, China, Hong Kong, Taiwan, South Korea and India. Headquartered in Japan, MS&AD is amongst the top non-life insurance groups in the world based on gross revenue.

Job Description

Reinsurance Inward Fac & Outward Fac (including COI)

• Perform reconciliations & following up with reinsurers


• Analyse Incoming Funds


• Process payment transactions


• Prepare Oracle journal entries

Reinsurance Outward Treaty

• Perform reconciliations


• Prepare summaries & Technical Statement of Accounts


• Manage settlement processes and & following up with Reinsurance Brokers

Month-End closing

• Perform month end balance sheet reconciliations for Reinsurance accounts.


• Prepare IFRS17 Oracle journal entries


• Extract SAP COI listings


• Handle survey Fees rebilling

Yearly Audit Confirmation

• Prepare summaries and SOA

Qualifications

• Accounting qualifications or relevant work experience

Skills

General InsuranceReinsuranceAccounting StandardsReconciliationFinancial Reporting

Other Information

• Good understanding of accounting practices, preferably insurance industry.


• Ability to work independently and collaboratively in a team environment.


• Relevant finance and accounting experience


• Knowledge of Oracle and SAP systems.


• Skilled in the use of Microsoft Excel.