Senior Technical Accounting & Claims Handler

Munich Re
Singapore
SGD 80,000 - 100,000
Job description

Senior Technical Accounting & Claims Handler

You will manage a reinsurance accounting and claims portfolio and support the accounting operations within the Reinsurance Accounting CFO unit. This includes the responsibility for clients and complex accounting and claims handling topics.

Based in Singapore on a 6-month assignment, you will actively contribute to process improvement and simplification initiatives (within the department and across different departments and interfaces) and participate in Quality Assurance (QA), quarter-closing activities, and other special projects within the MR Group.

Key Tasks:

  1. Provide leadership to staff in reinsurance accounting, technical accounting, and claims handling as part of accounts and claims processing, and verifying completed work.
  2. Assist the manager with disciplinary responsibilities.
  3. Assume overall responsibility for the work area of the staff you supervise.
  4. Support client discussions in the area of accounting and claims handling issues.
  5. Help with or assume a topic and process owner role in Reinsurance Accounting (if necessary on a global level).
  6. Contribute actively to and/or lead cross-unit projects and working groups.
  7. Transfer know-how, providing training within the unit (including in the International Organisation), and/or in the context of speaker activity for specialist reinsurance and RIA topics (holding internal and external training courses – also in foreign languages where applicable).

Control Functions:

  1. Supervise and monitor a sub-team within the RMOC.
  2. Ensure consistency of account settlement and claims handling in the unit.
  3. Systematically implement process simplification and optimisation.
  4. Ensure, keep track of, and further develop active portfolio management observing the QA guidelines.
  5. Proactively monitor key performance indicators (overdue balances, unmatched cash, etc.) for the portfolio/markets responsible.
  6. Prepare and perform accounting reviews at external clients’ places.

Your profile:

  1. Understanding of the interdependencies of RIA Global Processes and Global Rules.
  2. Expert in systems relevant to the performance of tasks (FS-RI, FS-CD, MR Correspondence, EDWH, RMnL, BuPa, ECON, eBF).
  3. Understanding of the internal control systems (ICS) and the effects of compliance provisions, and an ability to provide concrete suggestions.
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