Accounting Senior Professional

1 day ago

Cebu City, Central Visayas, Philippines QBE Insurance Group Full time $40,000 - $60,000 per year
Primary DetailsTime Type: Full timeWorker Type: Employee3 PM - 12 AM

Responsible in performing moderate to complex outwards reinsurance functions including processing of technical entries for reinsurance collections, premiums and adjustments, and updating of reinsurance reports in a timely and accurate manner.

Primary Responsibilities

• Process technical entries for reinsurance premiums and collections onto the system

• Conducts peer review on reinsurance policies entered onto company's reinsurance system

• Prepares monthly schedules and ensure timely settlement of EO reinsurance premiums and collections to Equator Re

• Reviews reinsurance contracts quarterly/annually and calculate provisions for policies that are subject to profit commissions, no claims bonus and premium adjustments

• Prepares monthly and/or quarterly statements for EO Quota Shares accounts, liaise with brokers for timely settlement of amount due

• Prepares monthly reinsurance reports for management information

• Prepares quarterly and annual returns for terrorism covers, ensures completeness of policies declared and timely payment of premium due 

• Coordinate with onshore, divisional counterparts, and other external parties to resolve any discrepancies on moderate to complex tasks

• Maintain strong relationships with internal and external stakeholders to ensure service delivery meets customer expectations

• May contribute and manage the refinement of process, procedures and systems to continuously improve the efficiency of accounting activities

Knowledge, Skills & Experience


•    Knowledge of general reinsurance terminologies, accounts, and class of business

•    Basic Knowledge of General Accounting

•    Strong skills in spreadsheets and analytical skills

•    Attention to detail

•    Effective time management skills to meet competing deadlines

•    Strong interpersonal and communication skills

•    Problem solving skills

•    Ability to work independently

•    Stakeholder management skills

•    Graduate of any business course, preferably in Finance/Accounting

•    At least 2-3 years experience in a similar role, preferably in a shared service environment

Skills:

Analytical Thinking, Communication, Cost Management, Critical Thinking, Economic Forecasting, Financial Accounting, Financial Data Reporting, Financial Products, Intentional collaboration, Managing performance, Prioritization, Problem Solving, Research Analysis, Risk Management, Working Independently

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

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