Marine Benefits provides medical insurance services to seafarers and their families. Established in 2007 with the purpose of developing truly global insurance solutions for international seafarers and their families, providing them medical, disability, and life insurance.
This is the perfect career move for someone looking for a friendly working environment, extremely attractive benefits, and a fulfilling role with a dynamic work culture that fosters collaboration and opportunities for professional growth and development.
Top Benefits or Perks:
- The countries best medical coverage for you and your family, with an annual limit of USD 100,000 (almost Php 6,000,000) per insured member
- Retirement Plan (Pension)
- Profit sharing (0-4 months extra salary per year – Performance based)
- Flexible hybrid work set-up (7 days in the office per month)
- 13th month pay
- 14 days vacation leave per year
- 12 days sick leave per year
- Company paid training programs
- Free office lunch
- Subsidized mobile plan (Php 1,000 /month)
- Internet allowance (Php 1,000 /month)
- One time Php 20,000 allowance for home-office set-up.
- Flu Vaccine (annually) and Pneumonia Vaccine (every 3 years)
Roles & Responsibilities:
Revenue, Premiums & Receivables Ownership
- Oversee the full premium lifecycle—invoicing, collections, reconciliation, and distribution—ensuring accuracy, timeliness, and disciplined receivables management.
- Actively manage client follow‑ups and resolve discrepancies to minimize aged receivables and protect cash flow.
- Ensure accurate monthly allocation and distribution of premium collections to underwriters, brokers, and MB AS.
Claims Payments & Cash Management
- Oversee and review claims payment processing to providers and members, exercising sound judgment and ensuring compliance with controls and payment terms.
- Review claims transactions in both the accounting system and bank platforms prior to endorsement.
- Own the resolution of payment failures, returned claims, and bank‑related issues, including monthly bank reconciliations.
Reporting, Bordereaux & Financial Deliverables
- Prepare monthly claims and premium bordereaux for underwriters with a high standard of accuracy and timeliness.
- Prepare and review monthly and quarterly financial and management reports, including quarterly financial statements and reporting packages for Norway.
- Maintain accurate and well‑supported loss fund reconciliations with underwriters.
Payables, Audit & Controls
- Review supplier invoices and manage payables to ensure timely, accurate payments and strong supplier relationships.
- Serve as a key contact for external auditors, ensuring records, reconciliations, and supporting schedules are audit‑ready at all times.
Leadership, Collaboration & Improvement
- Provide review of Accountants and Accounting Assistants work, offering guidance, sharing knowledge and promoting accountability and best practices.
- Partner with Client, Claims, IT and other departments to resolve issues and strengthen processes.
- Lead process improvement and automation initiatives, identifying risks and inefficiencies and driving solutions through implementation.
Administrative & Special Projects
- Support ad‑hoc initiatives and special projects that require strong analytical skills, ownership, and independent execution.
Qualifications:
- Bachelor's degree in Accountancy; CPA is preferred.
- Minimum of 5+ years of progressive experience in General Accounting, Shared Services, or complex, multi‑entity environments.
- Demonstrated end‑to‑end mastery of the accounting cycle, including reconciliations, financial reporting, and month‑end close.
- Strong analytical and problem‑solving skills, with the ability to interpret complex accounting and tax transactions and exercise sound professional judgment.
- High level of ownership and accountability, with a proven track record of delivering accurate results under tight deadlines.
- Excellent written and spoken English communication skills, capable of engaging confidently with management, auditors, and international stakeholders.
- Customer‑oriented mindset with strong interpersonal and collaboration skills, able to work effectively across functions.
- Solid proficiency in Microsoft Office (Excel, Word, Outlook); experience with ERP/accounting systems is highly advantageous.
- Demonstrates a willingness to roll up sleeves and perform hands‑on, manual, or entry‑level tasks when required to ensure timely and accurate delivery.
