The purpose of this role is primarily responsible in the management of reinsurance payable as well as the preparation of various regulatory reports of the company.
Ensure timely and accurate payment of both facultative and treaty reinsurance payable of the company
Ensure timely and accurate preparation of regulatory reports to IC, BSP and SEC.
Ensure timely and accurate preparation of investments reports for various stakeholders.
Timely response to queries related to general and reinsurance accounting.
Timely response to the queries of regulatory bodies such as IC, BSP and SEC.
Ensure compliance with the Companys policies as well as Departments regulations and guidelines.
Ensure all treaty statements are prepared based on treaty arrangement and rendered timely and accurately to various reinsurance counterparties.
Ensure all facultative payments are based on companys booking, comply with the applicable taxes and paid on or before expiration of premium payment warranty.
Ensure all regulatory reports comply with the requirements of each regulatory bodies.
Ensure investment reports comply with the required accounting standards.
Qualifications
Should be a Certified Public Accountant (CPA)
With 3-5 years experience in an officer/senior staff role related to General Accounting and/or Reinsurance Accounting.
Has in depth knowledge in insurance accounting, IC rules and regulations and tax laws.
Has the ability to focus on satisfying internal and external customer needs and with service quality mindset.
Coaches to improve performance of the team.
Takes and initiates actions to achieve goals beyond what is required. Seeks new ways of doing things.
Proactively works with individuals within the group and from other functions or teams to achieve own and groups goals. Creates effective working relationships.
Delivers results. Establishes appropriate action plan to achieve goals.
Knowledgeable of the operations of the unit/group/organization.
