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Jobs in Philippines   »   Jobs in Quezon City   »   2024-7081_Reinsurance Accountant
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2024-7081_Reinsurance Accountant

Arch Global Services (Philippines) Inc.

Arch Global Services (Philippines) Inc. company logo

The Reinsurance Accountant will assume responsibility all aspects of accounting for assigned reinsurance contracts. 

 

  • Verification of underwriting data for quota share and/or excess of loss contracts
  • Maintain the accuracy of premium information on excess of loss contracts including endorsements, premium adjustments, and cash allocations
  • Maintain all aspects of quota share programs including bordereau reporting and posting, claims payments and cash allocation
  • Monitor, and maintain within 90-day threshold, aging of accounts receivable
  • Liaise with brokers, claims department and underwriting department regarding queries, outstanding receivables, and premium adjustments
  • Complete underwriting system monthly close including testing of system accuracy for hand off to financial reporting team (ARL and Somers
  • Additional projects and ad hoc duties as required
  • Work with financial reporting team to investigate/ explain movements for the quarterly reserve call with senior management
  • Attend QCR meetings and follow up investigation and liaising with various teams to report findings to UW in a timely manner for the quarterly closes
  • Participate in systems enhancements including defining scope, developing and executing test plan
  • Additional projects and ad hoc duties as required
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