Risk Management Accountant
5 days ago
Job Overview:
Arch Global Services (Philippines) Inc. is seeking a highly skilled Reinsurance Accountant to join our team.
The ideal candidate will have excellent analytical and problem-solving skills, with the ability to work in a fast-paced environment and meet deadlines.
This role involves maintaining the accuracy of premium information on reinsurance contracts, including endorsements, premium adjustments, and cash allocations.
The successful candidate will also be responsible for monitoring aging of accounts receivable, preparing monthly/quarterly working papers for journal entries, and reviewing and analyzing cash receipts, payments, and applications.
- Maintain all aspects of reinsurance contracts including bordereau reporting, claim payments and cash allocations
- Monitor aging of accounts receivable
- Monthly bordereaux reconciliation and data integrity checks
- Prepare monthly/quarterly working papers for journal entries to record activities for the accounting close process
- Review and analysis of cash receipts, payments and applications
- Prepare monthly/quarterly reinsurance account reconciliations to ensure accuracy of the general ledger
- Assist in the preparation of reinsurance cession statements, US GAAP and Statutory reports, regulatory filings, and audits
- Track deliverables and ensures compliance with prescribed due dates
- Other projects and/or tasks as assigned
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