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Assistant Manager “ Reinsurance Accounting & Settlement

Arab Insurance Group

Posted on October 23, 2018

2 - 3 years Manama - Bahrain

Chartered Accountant(Chartered Accountant). Any Nationality

Opening 01

Job Description

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Perform reinsurance accounting activities to ensure processing, recording and settlement of all reinsurance transactions in an accurate and timely manner and in compliance with accounting policies and procedures. Assist in preparation of technical accounts.


Responsibilities:
Technical Accounting

Assist in the production of timely, accurate and complete insurance technical accounts.
Assist in maintaining development statistics for the insurance technical accounts and prepare necessary analysis, reports and information for determination of technical provisions.
Assist in reinsurance settlements, cash management, reconciliation etc.
Assist in appropriate application of accounting standards.

 
Reporting
Assist in preparation of reports for regulatory, rating and management reporting.
 
Documentation
Ensure proper documentation and filing of reinsurance accounting records in accordance with department policies and procedures.
 
Risk & Compliance
Ensure full compliance with the company policies and procedures and external regulatory requirements.

Requirements:

Minimum of 2-3 years post qualification experience in a major company with exposure to computerized accounting.
University Degree in Accounting.
Professional accounting qualification CA/CPA.


Insurance

Accounts / Taxation / Audit / Company Secretary

Keywords

Reconciliation Cash Management Reinsurance Management Reporting Risk Compliance Accounting Statistics

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