Reinsurance Accounting Manager

1 day ago

Makati City, National Capital Region, Philippines Bershaw Consultancy Full time ₱1,500,000 - ₱2,500,000 per year

The Reinsurance Accounting Manager will be in-charge of the financial accounting and reporting functions related to reinsurance operations for non-life insurance products. This role ensures accurate recording, reconciliation, and reporting of reinsurance transactions while maintaining compliance with regulatory requirements and accounting standards.

II. KEY RESPONSIBILITIES

Manage month-end, quarter-end, and year-end reinsurance accounting processes including premium calculations, claims recoveries, and commission adjustments.

Manage reinsurance receivables and payables balances including Reinsurance share on Losses. Monitor the agreed Premium Payment Warranty (PPW) both for Assumed and Ceded Facultative business.

Handle accounting for various reinsurance arrangements including facultative, quota share, surplus, excess of loss, and catastrophe covers.

Preparation of Statement of Account for Inward and Outward Reinsurance (Due from and Due to) and RI Recoverable on Paid Losses and Expenses.

Monitor and collect facultative premiums from brokers and ceding companies.

Ensure proper accounting treatment for retrocession arrangements.

Perform reliable month-closing activities and reporting.

Prepare ageing reports for Due from, Due to RI and RI Recoverable accounts and establish and implement collection procedures for overdue accounts.

Monitor financial condition of ceding companies

Coordinate with external auditors and regulatory examinations

III. QUALIFICATIONS

Bachelor's degree in Accountancy/ Managerial Accounting/ Finance. A master's degree or professional certification (e.g., CPA, CFA) is a plus.

Minimum 7-10 years of progressive experience in insurance or reinsurance accounting

Knowledge of insurance accounting principles and standards

Understanding of reinsurance contracts and structures

Familiarity with regulatory frameworks (local insurance regulations)

Job Type: Full-time

Work Location: In person

  • Operations (Reinsurance) Manager

    3 days ago

    Makati City, National Capital Region, Philippines Advanced Outsourcing and Business Services Inc. Full time ₱1,500,000 - ₱2,500,000 per year

    Role OverviewThe Reinsurance Ops Manager will be responsible for overseeing the daily functions of a specialized insurance intermediary, ensuring smooth workflows, regulatory compliance, and exceptional client servicing. This position requires a leader who understands the technical and procedural aspects of placement, documentation, and coordination among...

  • Reinsurance Associate, Asia Reinsurance

    3 days ago

    Quezon City, National Capital Region, Philippines Manulife Full time ₱1,500,000 - ₱3,000,000 per year

    Role SummaryThis role is responsible for executing moderately complex reinsurance processes with a strong focus on accuracy, timeliness, and compliance. The Reinsurance Associate applies a solid understanding of procedures and systems to deliver high-quality outputs and contribute to continuous process improvement.Key Responsibilities:Execute reinsurance...

  • Accounting Assistant

    2 weeks ago

    Makati City, National Capital Region, Philippines Pioneer Insurance Full time ₱20,000 - ₱50,000 per year

    Job PurposeTo provide relevant and accurate financial information on reinsurance transactions, monitor receivables/payables and process payments to/bill and collect receivables from inward & outward facultative reinsurers.Roles & ResponsibilitiesMonitoring & Processing of Payment to Reinsurers. Monitors facultative accounts that will be due within the...

  • Reinsurance Business Analyst, Asia Reinsurance

    7 days ago

    Quezon City, National Capital Region, Philippines Manulife Full time ₱1,200,000 - ₱2,400,000 per year

    Do you want to join a growing team in a high-performance culture that provides leadership and technical development opportunities? We are currently searching for a talented and driven individual to join our Global Reinsurance team within our MBPS Actuarial Function. The role is accountable for handling policy maintenance and requests for death claim...

  • Reinsurance Business Analyst, Asia Reinsurance

    7 days ago

    Quezon City, National Capital Region, Philippines Manulife Full time ₱1,200,000 - ₱2,400,000 per year

    Do you want to join a growing team in a high-performance culture that provides leadership and technical development opportunities? We are currently searching for a talented and driven individual to join our Global Reinsurance team within our MBPS Actuarial Function. The role is accountable for handling policy maintenance and requests for death claim...

  • Hull Accounts Officer

    1 week ago

    Makati City, National Capital Region, Philippines Pioneer Insurance Full time ₱300,000 - ₱600,000 per year

    JOB PURPOSETo provide quality service to agents, brokers and clients by facilitating requests and inquiries in all aspects of accounts handling.ROLES AND RESPONSIBILITIESUnderwriting/Policy IssuancePrepares loss statistics for policy renewals.Prepares quotation for clients.Gathers relevant underwriting information.Ensures timely and accurate issuance of...

  • Hull Accounts Officer

    1 week ago

    Makati City, National Capital Region, Philippines Pioneer Insurance & Surety Corporation Full time ₱300,000 - ₱600,000 per year

    Job Purpose:To provide quality service to agents, brokers and clients by facilitating requests and inquiries in all aspects of accounts handling.DUTIES & RESPONSIBILITIES:Underwriting/Policy Issuance:Prepares loss statistics for policy renewals.Prepares quotation for clients.Gathers relevant underwriting information.Checks and posts policies and endorsements...

  • Account Officer

    7 days ago

    Makati City, National Capital Region, Philippines Pioneer Insurance Full time ₱40,000 - ₱1,200,000 per year

    JOB PURPOSEAccounts Officer is responsible for underwriting Policies within authority limits; Oversees and Manages the accurate and timely issuance and release of policies / endorsements; Contributes in the servicing and Account Management in coordination with Accounts.DUTIES AND RESPONSIBILITIESUnderwritingPerforms underwriting within authority limits and...

  • Operations Manager

    3 days ago

    Makati City, National Capital Region, Philippines Corporate Executive Search Inc. Full time ₱720,000 - ₱1,080,000 per year

    Role OverviewThe Reinsurance Ops Manager will be responsible for overseeing the daily functions of a specialized insurance intermediary, ensuring smooth workflows, regulatory compliance, and exceptional client servicing. This position requires a leader who understands the technical and procedural aspects of placement, documentation, and coordination among...

  • Non-Life Insurance Accounts Officer

    2 weeks ago

    Makati City, National Capital Region, Philippines Pioneer Your Insurance Full time ₱800,000 - ₱1,200,000 per year

    Accounts OfficerAccounts Officer is responsible for underwriting Policies within authority limits; Oversees and Manages the accurate and timely issuance and release of policies / endorsements; Contributes in the servicing and Account Management in coordination with AccountsDUTIES AND RESPONSIBILITIES:UNDERWRITINGPerforms underwriting within authority limits...