reinsurance AccountantArch Global Services

Overview
The Reinsurance Accountant will assume primary responsibility for all aspects of accounting for assigned reinsurance contracts.
Responsibilities
Maintain the accuracy of premium information on reinsurance contracts including endorsements, premium adjustments and cash allocations
Maintain all aspects of reinsurance contracts including bordereau reporting, claim payments and cash allocations
Monitor aging of accounts receivable
Monthly bordereaux reconciliation and data integrity checks
Prepare monthly/quarterly working papers for journal entries to record activities for the accounting close process
Review and analysis of cash receipts, payments and applications
Prepare monthly/quarterly reinsurance account reconciliations to ensure accuracy of the general ledger
Assist in the preparation of reinsurance cession statements, US GAAP and Statutory reports, regulatory filings, and audits
Track deliverables and ensures compliance with prescribed due dates
Other projects and/or tasks as assigned
Qualifications
The ability to read and understand reinsurance contracts
Experience in the insurance or reinsurance industry
Financial reporting experience within a SOX and SEC regulated environment
CPA highly preferred
Required Skills/Experience
Strong attention to detail
Strong organizational and time management skills
The ability to communicate effectively with individuals
Strong work ethic and the ability to take initiative to work without supervision
Technical knowledge of reinsurance terms, contracts, and cash settlement practices
Ability to use initiative and self-manage to resolve issues independently
Strong computer skills, in particular, proficiency in Microsoft Office suite of applications, primarily Excel
Ability to grasp new concepts, systems and applications quickly and efficiently
Candidates need to be flexible with their schedule since shift may change depending on the needs of the team.
Education
Bachelor's degree in Finance, Accounting, or related field.
The Company
Arch Global Services offers competitive pay and a comprehensive benefits package. Additionally, Arch is committed to helping its associates create what's next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. We seek talent that thinks innovatively, values collaboration and will go the extra mile to serve our customers and develop our company. We also have a little fun along the way, check out our .
Arch Global Services

Quezon City, Metro Manila
Permanent
Full-time