Etiqa Insurance Singapore Hiring! Full Time Assistant Manager-Senior Executive, Finance Operations in - Ricebowl

Etiqa is looking for a dynamic individual to join our team. Do you have what it takes?

Are you:

• Passionate about working with people?
• A creative thinker with a positive attitude & outlook?
• A strong dynamic communicator able to collaborate effectively?
• Willing to learn, adapt & grow in a fast paced work environment?

WANT TO MAKE A DIFFERENCE?

This exciting proposition allows you to work with Etiqa, a leader in the insurance sector, optimizing your unique skill set, and getting onboard our journey towards “Making The World A Better Place”.

ABOUT THE ROLE

Perform timely and accurate finance operations tasks for the insurance business and financial closing, including processing daily policy-related payments such as refunds, commissions, incentives payouts, and referral payments, while ensuring accuracy, timeliness, and compliance with company policies and regulatory requirements.

SCOPE OVERVIEW

• Ensure timely and accurate processing of policy-related payments, including refunds, commissions, overriding commissions, office allowances, profit commissions, incentives payouts, and referral payments.
• Analyze policy, commission and financial data to identify discrepancies, monitor trends and ensure alignment with product launches, cash flow requirements, and financial objectives.
• Ensure all reinsurance receipts are accurately and promptly recorded in the accounting system.
• Ensure all reinsurance payments are processed accurately and within the agreed SLAs.
• Support month-end and year-end financial closing activities, including checking on commission and referral transactions, preparing journal entries, and uploading journals into Oracle General Ledger.
• Perform bank and balance sheet reconciliations, investigate outstanding reconciling items, and coordinate with internal and external with stakeholders to ensure timely resolution.
• Perform reinsurance reconciliations and liaise with relevant stakeholders to ensure the accuracy and completeness of financial reporting.
• Collaborate with cross-functional teams on initiatives to enhance efficiency within Finance Operations.
• Provide support on User Acceptance Testing (UAT) to IT and other stakeholder departments in implementing process changes, new initiatives, system enhancements and resolution of BAU issues.
• Assist in the preparation of audit documentation and work closely with external auditors to ensure the smooth completion of audit.
• Ensure a positive customer experience by effectively managing stakeholder expectations, resolving escalated cases and complaints promptly, and maintaining strong business relationships.

REQUIREMENTS

• Degree in Accounting or equivalent
• Preferably with insurance background
• Meticulous and good with numbers
• Demonstrate the required skill to perform detailed work accurately and promptly