Technical Accounting Specialist, Treaty Reinsurance

LMA RECRUITMENT SINGAPORE PTE. LTD.; Singapore; On-site; SGD 80,000 - 140,000; Full time

Job summary

LMA Recruitment Singapore Pte. Ltd. is seeking a seasoned accounting professional to oversee treaty accounting, premium processing and claims management within a fast-paced reinsurance environment in Singapore.

You will coordinate with Underwriting, Claims, Finance and Sales, ensure data integrity, and support accuracy, controls and regulatory compliance. The role emphasizes process improvement, timely reporting, and collaboration with external partners to maintain service standards and drive

Qualifications

• Strong understanding of treaty accounting, premium processing, claims, reserves and contractual adjustments.
• Experience handling treaty documentation and complex terms.
• Analytical and problem-solving skills with high attention to detail.

Responsibilities

• Manage end-to-end claims processes, including issuing claims and cash calls per treaty terms and monitoring service levels.
• Oversee new and renewal treaty contracts, ensuring accurate revenue scheduling and adjustments.
• Collaborate with Underwriting, Claims, Finance and Sales on accounting and operational matters.
• Participate in process improvement, system testing and automation to boost efficiency and accuracy.
• Review and validate treaty accounting information for completeness and compliance with terms.
• Support reporting and maintain data integrity for audit readiness.

Skills

Treaty accounting

Premium processing

Reserves management

Data analysis

Stakeholder management

Attention to detail

Education

Accounting/Finance degree or professional qualification

Job description

Key Responsibilities

Claims Management

• Manage claims end-to-end, including issuing claim and cash calls in accordance with treaty terms, monitoring service levels and ensuring timely reporting of major losses.
• Perform quality checks on claims data and reporting, identifying and resolving discrepancies or contract-related issues.
• Analyse claims information, maintain and update outstanding reserves, and support claims negotiation and settlement activities.
• Escalate complex or high-value claims matters appropriately and coordinate with internal and external stakeholders on technical issues.

Premium & Treaty Accounting

• Manage new and renewal treaty contracts, reviewing contractual terms and accounting structures to ensure accurate revenue scheduling.
• Process premiums, accounts and treaty adjustments, including sliding-scale commissions, profit commissions and other contractual adjustments, within agreed timelines.
• Review and validate treaty accounting information to ensure completeness, accuracy and compliance with contractual terms.
• Prepare processing instructions for outsourced partners and work closely with Compliance and Legal teams to obtain the necessary approvals for third-party arrangements.

Stakeholder & Team Collaboration

• Collaborate closely with Underwriting, Claims, Finance, Sales and other internal teams on treaty accounting and operational matters.
• Provide updates to Sales and relevant stakeholders on renewals, reporting issues, major claims and other key developments.
• Support team members during periods of absence and contribute to onboarding and knowledge transfer for new hires.
• Prepare relevant statistics and reports and provide operational support during peak periods.

Process Improvement & Innovation

• Participate in process improvement, system testing and automation initiatives to enhance operational efficiency and accuracy.
• Identify opportunities to streamline processes, improve turnaround times and strengthen service standards.
• Keep abreast of technical accounting practices, systems and industry developments, and share knowledge with the wider team.

Business & Control

• Monitor revenue against budgets and support accurate financial and operational reporting.
• Review electronic files and documentation to ensure data integrity, completeness and audit readiness.
• Ensure processes are performed in accordance with internal controls, audit requirements and relevant policies.
• Contribute to maintaining high standards of accuracy, efficiency and service delivery.

Requirements

• Strong technical accounting experience within Treaty Reinsurance.
• Good understanding of treaty accounting, premium processing, claims, reserves and contractual adjustments.
• Experience handling treaty documentation, accounting structures and complex contractual terms.
• Strong analytical and problem-solving skills, with high attention to detail and accuracy.
• Good stakeholder management and communication skills, with the ability to work effectively across Underwriting, Claims, Finance, Sales and external partners.
• Comfortable working in a fast-paced environment and managing multiple priorities within tight deadlines.
• Proactive, collaborative and solutions-oriented, with an interest in process improvement and technology.
• Relevant degree or professional qualification in Accounting, Finance, Insurance or a related discipline would be advantageous.

Company Reg No.: 201131609D | License No.: 24S2411 | Reg No:R21102223| Goh Choon Mui