finance services specialist - reinsurance AdministrationQBE Insurance

Primary Details Time Type: Full time
Worker Type: Employee
Responsible for performing simple to moderate functions relating to the transactional processes of policy set-up, technical entries of premiums and collections, creating of advices and collection notes for recoveries, and clearing of claims messages in the inwards systems. Also responsible for preparing regulatory returns for non-complex terrorism covers and assists in the update of Group reinsurance reports.
Primary Responsibilities
Enters skeleton information of reinsurance policies such as Facultative RI Orders, Excess of Loss and Quota Shares onto EO's reinsurance system
Creates outwards policies for Facultative RI in EO's inwards systems and attach to applicable original inward policies
Book technical entries for reinsurance premiums and collections
Clears Syndicate Claims Messages (SCMs) in inwards systems, book RI accruals where applicable
Manipulates monthly and/or quarterly claims listings for facultative policies, generate advices or collection notes for recoveries
Raise Non-Cash LORS (NCL) for syndicate settlements made or received, and as requested by Outwards Credit Control
Assists in updating monthly EO Multinational Servicing Office spreadsheet, process multinational policies and premium onto the systems, and settle premium due where applicable
Prepares quarterly and annual returns for non-complex terrorism covers, ensures completeness of policies declared and timely payment of premium due
Knowledge, Skills & Experience
Knowledge of general reinsurance terminologies, accounts, and class of business
Basic Knowledge of General Accounting
Strong skills in spreadsheets, data analysis, and reconciliation procedures
Attention to detail
Problem solving skills
Effective time management skills to meet competing deadlines
Communication skills
Stakeholder management skills
Graduate of any business course, preferably in Finance/Accounting
At least 1 year experience, preferably in a shared service environment
Application Close Date: 29/06/2022 11:59 PM
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.
QBE Insurance

Cebu
Permanent
Full-time