Accounts Officer

Job Description

Job Summary

Our client, a leading insurance brokerage firm, is seeking a strategic and hands-on Accounts Officer, not merely an employee, but a long-term partner to grow with the organisation.

Key Duties & Responsibilities

• Financial Reporting: Prepare and analyze financial statements specific to insurance operations, ensuring compliance with regulatory standards.

• Premium Accounting: Manage premium trust accounts, client invoicing, and reconciliation of premiums and commissions.
• Claims Processing: Oversee the processing of claims payments and refunds, ensuring accuracy and timeliness.
• Reinsurance Accounting: Record, analyze, and report on transactions related to risk transfer between insurance companies.
• Internal Controls: Implement and maintain internal controls specific to insurance accounting to safeguard assets.
• Audit Coordination: Coordinate with external auditors during financial audits, providing necessary documentation.
• Regulatory Compliance: Assess the financial impact of new insurance regulations and adjust accounting practices accordingly.
• Financial Modelling: Develop and maintain financial models to predict future trends in insurance underwriting profitability.

Educational Qualifications, Skills, & Experience Required

• Bachelor’s degree or a diploma  in Accounting, Finance, or a related field.
• CPA certification will be preferred.
• 3–5 years of accounting or underwriting experience, preferably within the insurance  brokerage firm
• Proficiency in accounting software and Microsoft Office Suite, especially Excel.
• Analytical Skills: Strong attention to detail and accuracy.
• Excellent interpersonal and communication skills.
• Understanding of insurance industry regulations and accounting
• Good communication skills both written and oral
• Strong leadership and organizational skills
• Thrive under pressure and fast pace while delivering high quality deliverables
• A self-driven and result oriented individual able to work with minimum supervision
• Be able to effectively support all aspects of engagement delivery end-to-end
• Open minded and curious about tax and regulatory developments globally
• Excellent business writing skills
• Excellent marketing and networking skills.
• A high standard of integrity