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Associate Reinsurance Accountant

Employer
Hannover Re
Location
Kuala Lumpur, Malaysia
Salary
Competitive
Closing date
Feb 17, 2025
View more categoriesView less categories
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
We are currently hiring an Associate Reinsurance Accountant to join our Finance & Accounting team in Malaysian Branch.

Key Responsibilities

  • Validate and book Reinsurance Technical Accounts and Claim Advice.
  • Ensure closings and documents are received timely and are in order to meet quarter closing requirements.
  • Prompt feedback/ response on technical issues raised by Hannover Re clients, brokers, underwriters, or any other related stakeholders to ensure all bookings are correct.
  • Follow up on missing accounts diligently in order to close off open items.
  • Prompt and continuous monitoring of accounts with unresolved concerns - which is immediately available for underwriters' meetings/ discussions with clients/ brokers to ensure that issues are resolved
  • Perform Forecast & Estimation for portfolio assigned as well as analysis of portfolio.
  • Thorough & meticulous review of treaty premiums and claims on a quarterly basis, as well as true-up analysis to ensure accuracy.
  • Review, comment, and follow up on exception reports provided by FA-GRO and correct bookings in SAP FS-RI
  • Perform credit control tasks (FS-CD) and ensure that old outstanding balances are followed up with client and unmatched payments/ receipts are cleared.
  • Work closely with underwriters and claims specialist to provide information relating to portfolio assigned.
  • Take up key user roles.
  • Other ad-hoc tasks assigned by Supervisor/ CFO

Job Requirements

  • Bachelor's Degree in Accounting, Finance or related field.
  • Minimum 2 years of experience in insurance and reinsurance related industry.
  • Experience in working with diverse teams of different cultures, backgrounds, and environments.
  • Highly detail-oriented with strong analytical skills.
  • Proven problem-solving abilities, relying on sound judgment.
  • Ability to adapt to a team environment, providing consistent and collaborative service to the business.
  • Outstanding interpersonal, written, and communication skills, as you will be in constant communication with both internal and external stakeholders.

We are #somewhatdifferent - people with their own stories, experiences, and career paths. Everyone is welcome! Apply with just one click on the "Apply now"- button and become part of our diverse team!

More on our work environment, your entry opportunities and development prospects can be found at www.hannover-re.com/en/career.

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