Finance Services Analyst

icon building Company : Qbe Insurance
icon briefcase Job Type : Full Time

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Job Description - Finance Services Analyst

Primary Details Time Type: Full time Worker Type: Employee 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
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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