Technical Accounting Specialist, Treaty Reinsurance

Key Responsibilities Claims Management • Manage claims end-to-end, including issuing claim and cash calls in accordance with treaty terms, monitoring service levels and ensuring timely reporting of major losses. • Perform quality checks on claims data and reporting, identifying and resolving discrepancies or contract-related issues. • Analyse claims information, maintain and update outstanding reserves, and support claims negotiation and settlement activities. • Escalate complex or high-value claims matters appropriately and coordinate with internal and external stakeholders on technical issues. Premium & Treaty Accounting • Manage new and renewal treaty contracts, reviewing contractual terms and accounting structures to ensure accurate revenue scheduling. • Process premiums, accounts and treaty adjustments, including sliding-scale commissions, profit commissions and other contractual adjustments, within agreed timelines. • Review and validate treaty accounting information to ensure completeness, accuracy and compliance with contractual terms. • Prepare processing instructions for outsourced partners and work closely with Compliance and Legal teams to obtain the necessary approvals for third-party arrangements. Stakeholder & Team Collaboration • Collaborate closely with Underwriting, Claims, Finance, Sales and other internal teams on treaty accounting and operational matters. • Provide updates to Sales and relevant stakeholders on renewals, reporting issues, major claims and other key developments. • Support team members during periods of absence and contribute to onboarding and knowledge transfer for new hires. • Prepare relevant statistics and reports and provide operational support during peak periods. Process Improvement & Innovation • Participate in process improvement, system testing and automation initiatives to enhance operational efficiency and accuracy. • Identify opportunities to streamline processes, improve turnaround times and strengthen service standards. • Keep abreast of technical accounting practices, systems and industry developments, and share knowledge with the wider team. Business & Control • Monitor revenue against budgets and support accurate financial and operational reporting. • Review electronic files and documentation to ensure data integrity, completeness and audit readiness. • Ensure processes are performed in accordance with internal controls, audit requirements and relevant policies. • Contribute to maintaining high standards of accuracy, efficiency and service delivery. Requirements • Strong technical accounting experience within Treaty Reinsurance. • Good understanding of treaty accounting, premium processing, claims, reserves and contractual adjustments. • Experience handling treaty documentation, accounting structures and complex contractual terms. • Strong analytical and problem-solving skills, with high attention to detail and accuracy. • Good stakeholder management and communication skills, with the ability to work effectively across Underwriting, Claims, Finance, Sales and external partners. • Comfortable working in a fast-paced environment and managing multiple priorities within tight deadlines. • Proactive, collaborative and solutions-oriented, with an interest in process improvement and technology. • Relevant degree or professional qualification in Accounting, Finance, Insurance or a related discipline would be advantageous. Company Reg No.: 201131609D | License No.: 24S2411 | Reg No:R21102223 | Goh Choon Mui