A2_Reinsurance_APAC

Job description

- Job Description: Perform end-to-end reinsurance accounting activities for treaty and facultative business, ensuring accurate and timely financial reporting. - Prepare, review, and post reinsurance accounting entries, including premiums, claims, commissions, recoverables, and settlements. - Reconcile reinsurance accounts, including ceded and assumed balances, reinsurance receivables/payables, and intercompany transactions. - Prepare monthly, quarterly, and year-end account reconciliations, resolve outstanding items, and ensure compliance with close timelines. - Manage reinsurance cash settlements and coordinate with brokers, ceding companies, and internal stakeholders to resolve discrepancies. - Support reporting related to reinsurance balances, reserves, recoverables, IBNR, DAC, unearned premium, and other insurance accounting requirements. - Responsibilities: Perform end-to-end reinsurance accounting activities for treaty and facultative business, ensuring accurate and timely financial reporting. - Prepare, review, and post reinsurance accounting entries, including premiums, claims, commissions, recoverables, and settlements. - Reconcile reinsurance accounts, including ceded and assumed balances, reinsurance receivables/payables, and intercompany transactions. - Prepare monthly, quarterly, and year-end account reconciliations, resolve outstanding items, and ensure compliance with close timelines. - Manage reinsurance cash settlements and coordinate with brokers, ceding companies, and internal stakeholders to resolve discrepancies. - Support reporting related to reinsurance balances, reserves, recoverables, IBNR, DAC, unearned premium, and other insurance accounting requirements. - Qualifications: Bachelor's degree in Accounting, Finance, Commerce, or a related discipline. - CA/CPA/ACCA/CMA qualification or progress toward certification is preferred. - 1.5–4 years of experience in Reinsurance Accounting, Insurance Accounting, or Record to Report (R2R) within the insurance industry.