Job Responsibilities:

Operation and Procedure

• Responsible for reinsurance bordereau update
• Responsible for revenue recognition
• Responsible for expenses amortization (prepare prepayment schedule)
• Responsible for asset register (prepare fixed asset register & depreciation)
• Responsible for accounts receivable and payables
• Reconcile system data interface (premium, commission, claims paid & reserves, treaty etc.) and follow up variance
• Assist A/C Receipt - system approval and sign manual receipt
• Review documents for month-end closing such as superworksheet, debtors' control, bank reconciliation etc.

Treaty

• Responsible for monthly treaty calculation
• Prepare monthly reinsurers’ account due schedule
• Prepare quarterly statement of accounts to reinsurers' and reconcile the account with reinsurers’ statement
• Prepare quarterly treaty analysis for treaty renewal
• Assist in preparing treaty agreement (Taiping and AR Consultant) and filing

Investment

• Prepare equities trading instruction form and journal entries
• Prepare monthly investment report

Reporting

• Monthly Accounts: Prepare Management Accounts for internal use, Management Accounts on ICO basis, Solvency Margin and Local Assets calculations, Statement of Assets and Liabilities
• Quarterly Accounts: Prepare Statutory Return
• Yearly Accounts: Prepare Statutory Return including Hong Kong General Business Return and relevant supplementary information
• Assist with basic enquiries regarding accounting matters by regulators
• Assist with analysis (as required)

Internal and Year-end Audit

• Preform balance sheet verification before audit commenced
• Assist with auditor's enquiries during year-end on-site audit

System Implementation & Enhancement

• Enhance/Update Chart of Accounts
• Provide data flow to System Engineer for accounting module enhancements
• Provide mapping for different class of insurance product and perform UAT (if required)

 Ad Hoc Projects

• Assist with RBC QIS reporting
• Assist with the preparation of budgets and reforecasts

Job Requirements:

• Diploma or above in Finance/ Accounting with recognized professional accounting qualifications would be an advantage
• Minimum 3 years’ experience in general insurance accounting
• Familiar with the accounting standards and tax regulations
• Proficiency in MS Excel and Word
• Good command of both written and spoken English and Cantonese
• Responsible, meticulous and able to work under pressure