Financial Accountant III

Book, perform a monthly reconciliation and settle technical accounts (premium, commissions, fees, claims payments) to and from pooling carrier for assumed reinsurance NP policies, skeleton technical bookings and reinsurance transactions..
Produce monthly co-reinsurance statement of account..
Produce monthly Network partner statement of account..
Resolve reconciliation findings (Co-reinsurance/NP) with the respective functions internal/external.
Resolve reconciliation findings (Co-reinsurance/NP) with the respective functions internal/external.
Monitor and report open balances and coordinate with International Desk, Network Partner Coordinator, regional Technical accounting teams, Underwriters on outstanding balances.
Coordinate/respond to inquiries for other functions Local/Producing office Technical Accounting teams, Finance FPA, Products performing financial reporting on International Business (act as first point of contact within International Business for those functions).
Ensure reconciliation of International Business technical accounts in administration system and support Finance on reconciliations in financial ledgers as required; e.g skeleton process, local premium collection, central premium collection, invoiced versus booked.
Compare and Contrast incoming co-reinsurance data in the system against real contract and authorize.
Define, implement and execute processes relating to technical accounting and credit control for international programmes.
Control over the risk assessment.
Liaise with International Desk, Global Network Management, Regional Technical Accounting teams, Claims/Claims operations and Underwriters/Underwriting Assistance teams to ensure service standards are met.
Lead ongoing project to strengthen the IFM core process.
Actively support an announced audit by responding to RFI, IRFs.
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..
Key Skills /Educational Qualifications.
Educational/Professional.
CA/CS/ICWA/MBA(Finance)/Degree in finance/accounting with at least 8-10 years of relevant working experience in insurance/reinsurance.
Previous Insurance Technical Accounting experience desirable.
Key skills and knowledge.
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.
Capable of building trust with all areas of the business in particular with the Primary Lead teams Consolidation and regional Technical Accounting teams, regional Operations teams.
Ability to translate business initiatives into clear, actionable strategies.
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.