Senior Account Analyst IFM

About the Team

International Financial Management team´s mandate is to technically account for transactions of policies included in International Program and thereby to ensure compliant and efficient risk transfers and cash flows between local offices and Reinsurance partners.

The Team is also responsible for reporting, analytics, and commentaries regarding International Programs, including monthly aged debt reports, monthly premium flows, and consolidation of accounts by client programme.

Due to the global growth of International Programs, we are looking for new colleagues to join our team.

While this role is primarily focus on accounting and cash flow, you will get wider exposure to International Business and understanding end-to-end process of these programs.

About the Role

The role covers the technical accounting tasks related to reinsurance transactions, the reconciliation of premiums and in addition responsibility for a timely and accurate financial management with our partners. As well ability to implement a disciplined monthly monitoring routing is essential in addition to provide clear performance result for the International Programs. Additionally, the ability to lead the specific projects towards strengthening the core team processes.

Ideally the candidate will have a excellent understanding of insurance technical accounting principles as well as solid understanding of International insurance programmes. The role will liaise with the Primary Lead team, Corporate Solutions Finance, and other functional areas as needed.

KEY ACCOUNTABILITIES

Main responsibilities:

• Book, monthly reconcile and settle technical accounts in high data quality.
• Produce monthly statements to our partners.
• Process outgoing payment and Statements related to assigned International Programs. 
• Resolve reconciliation findings with the respective functions – internal/external.
• Monitor, revise and keep the portfolio up to date and deliver results in monthly basis.
• Liaise with other functions to ensure service standards are met
• Timely respond to inquiries from partners.
• Ensure reconciliation of International Programs technical accounts in administration system and support Finance on reconciliations in financial ledgers as required.
• Compare and contrast incoming co-reinsurance data in the system against real contract and authorize.
• Define, implement, and manage processes relating to technical accounting and credit control for international programmes.
• Control over the risk assessment.
• Ad-hoc tasks such as project work, system enhancement, reports, and analyses.

Other

• Actively support an announced audits.
• Participate in meetings and trainings for the purpose of conveying information required to perform job functions.
• Contribute to team effort by assisting other team member when necessary.
• Perform other duties as assigned.

About You

• University graduate with primary or higher degree (or equivalent), preferable in finance/accounting/economics and with at least 4-5 years of relevant working experience in insurance/reinsurance.
• Previous Insurance Technical Accounting experience desirable.
• Excellent analytical skills with the ability to deliver quality output to short deadlines and manage details without losing sight of the "big picture".
• Strong communication skills, in particular ability to summarize complex technical issues to a non-expert audience, both written and verbal.
• Ability to translate business initiatives into clear, actionable strategies.
• Proficiency in Word and Excel.
• Good project management skills.
• Commitment to continues process improvement.
• Excellent command of English (spoken and written).
• Excellent interpersonal with demonstrated ability to work well and build trust with others.
• Experience in insurance and on personal accountability for areas of responsibility.
• Stress resilient, with the ability to work independently.

This job offer is suitable for people who have been impacted by the invasion of Ukraine.

For Slovakia the base salary range for this position is between EUR 1900 and EUR 3300 per month (for a full-time role). The specific salary offered considers:

the requirements, scope, complexity and responsibilities of the role,

the applicant’s own profile including education/qualifications, expertise, specialization, skills and experience.

In the situation where you significantly exceed the requirements, the offered salary may be above the advertised range.

In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based bonus.

We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.

We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.

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