Financial Regulatory and Reporting Specialist

2 weeks ago


Manila, National Capital Region, Philippines Shopee Full time
Financial Regulatory and Reporting Specialist - InsuranceExperienced (Individual Contributor)

Department Finance

SeaMoney is a part of Sea Group, a leading global consumer internet company. SeaMoney's mission is to better the lives of individuals and businesses in our region with financial services through technology. SeaMoney's offerings include mobile wallet services, payment processing, credit offerings, and related digital financial services and products. These are available in seven markets across Southeast Asia and Taiwan under various brands, including ShopeePay, SPayLater, and other brands.

Job Description:
  • Responsible for preparing and ensuring the timely submission of regular regulatory reports to regulatory bodies such as Insurance Commission (IC) and Securities and Exchange Commission (SEC)
  • Liaises with IC on the regulatory reporting requirements such as, but not limited to, IC annual audit (asset); Annual statements etc.
  • Liaises with industry associations such as PLIA and PIRA; ensures submissions of reports surveys or documents
  • Will lead and ensure compliance with statutory annual audit process. Liaise with external auditors
  • Will play a crucial role in supporting the business team by assessing the impact of new and current regulations applicable to SeaInsure
  • Monitor changes provided by the regulators regarding reporting/disclosure requirements.
  • Will be involved in updating policies and procedures related to regulatory reporting, accounting.
Requirements:
  • Bachelor's degree in Finance /Accounting
  • Certified Public Accountant is an advantage but not required
  • Preferably with experience working in one of the Big 4 firms with the insurance industry as the main exposure; and/or a reputable Insurance company focusing on regulatory functions
  • Minimum of 2-3 years of related work experience
  • General knowledge, skills, and competencies in accounting principles and regulations related to the insurance industry
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