Associate-R2R Insurance & Reinsurance Accounting

Start building a career with purpose. At AIA, your perspective, curiosity and ideas can contribute to our Purpose of helping millions of people live Healthier, Longer, Better Lives. Across our diverse markets, you will learn through meaningful work, collaborate with experienced colleagues and build practical skills as you turn fresh ideas into positive outcomes and a more sustainable future for our customers and communities. Join us to explore new possibilities, grow through real experiences and start making an impact across Asia. About the Role Reporting to Assistant Manager or Manager- Insurance & Reinsurance Accounting, this position shall support the insurance & reinsurance accounting process by performing routine of recording entries, reconciliations, assisting with month-end close activities, and ensuring compliance with internal controls. Job Description: Insurance and Reinsurance Accounting • Prepare insurance and reinsurance transactions, including recording, matching and clearing entries in SAP • Prepare reinsurance templates, inter‑company billings, settlements, and clearing activities in accordance with defined procedures • Support month‑end closing activities to meet agreed timelines • Prepare variance analysis and reasonableness checking on commentary for significant movements in balances and P&L. • Prepare related to financial and management reports prepared by the team to ensure accuracy, consistency, and adherence to reporting guidelines. • Perform daily system reconciliations and control reports, ensuring issues are identified, logged, and resolved appropriately by the team. • Assist to review IFRS17 solution outputs and control reports, confirming completeness, accuracy, and alignment with source data. • Assist to prepare IFRS reporting activities, including IFRS 17 / IFRS 4, by preparing movements, reconciliations, and supporting schedules. Financial Reporting & Analysis • Prepare quarterly / semi-annual / annual Group reporting template following Group Closing instructions. Stakeholder Support • Response to routine queries from internal teams promptly and professionally. • Escalate unresolved issues to Assistant Manager as and when needed support. Compliance & Documentation • Maintain proper documentation for all transactions in line with audit requirements. • Update Closing/Control Checklist, Training Materials and Business Process Manuals as and when required. Control & Governance • Support internal and external audits by providing required documentation and explanations. • Ensure ICFR control objective is met. Balance Sheet Reconciliation: • Perform balance sheet accounts reconciliations and resolve the unreconciled / open items on a timely manner. Process Improvement • Contribute process improvement opportunities within insurance and reinsurance accounting workflows. Others • Involve in UAT as and when required. • Perform other month end closing activities and ad hoc requests as and when required. • Support on other projects and matters as and when required. Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives. You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.