POSITION SUMMARY:
The purpose of this role is primarily responsible in the management of reinsurance payable as well as the preparation of various regulatory reports of the company.
KEY RESPONSIBILITIES:
- Ensure timely and accurate payment of both facultative and treaty reinsurance payable of the company
- Ensure timely and accurate preparation of regulatory reports to IC, BSP and SEC.
- Ensure timely and accurate preparation of investments reports for various stakeholders.
- Timely response to queries related to general and reinsurance accounting.
- Timely response to the queries of regulatory bodies such as IC, BSP and SEC.
- Ensure compliance with the Company's policies as well as Department's regulations and guidelines.
- Ensure all treaty statements are prepared based on treaty arrangement and rendered timely and accurately to various reinsurance counterparties.
- Ensure all facultative payments are based on company's booking, comply with the applicable taxes and paid on or before expiration of premium payment warranty.
- Ensure all regulatory reports comply with the requirements of each regulatory bodies.
- Ensure investment reports comply with the required accounting standards.
QUALIFICATIONS:
- Should be a Certified Public Accountant (CPA)
- With 3-5 years experience in an officer/senior staff role related to General Accounting and/or Reinsurance Accounting.
- Has in depth knowledge in insurance accounting, IC rules and regulations and tax laws.
- Has the ability to focus on satisfying internal and external customer needs and with service quality mindset.
- Coaches to improve performance of the team.
- Takes and initiates actions to achieve goals beyond what is required. Seeks new ways of doing things.
- Proactively works with individuals within the group and from other functions or teams to achieve own and group's goals. Creates effective working relationships.
- Amenable to work in Makati
