Key Responsibilities:
• Prepare monthly/ quarterly/ yearly Group consolidated accounts, financial and management reporting in compliance with IFRS and other internal/external requirements.
• Perform timely and accurate technical accounting tasks according to internal guidelines, regulatory and Group requirements.
• Oversee compliance process with regulator & responsible for Reporting:
- Statistical Management System (SMS) Reporting to Labuan Financial Services Authority (LFSA)
-External Financial Assets and Liabilities (EAL)
-AML & CFT
- Assist in negotiations for commutation to truncate old reinsurance relationships by performing detailed financial and actuarial analysis of the book of business.
• Plan and initiate strategies for debt collections ensuring that tight credit control is maintained on all outstanding insurance premiums/claims through coordination of all collection activities and initiate proceedings to ensure outstanding debts are brought to a satisfactory conclusion.
• Plan and regulate cash flow, funds, and budget allocation for the company.
• Subject matter expert on any analytical inquiries throughout valuations against different stakeholders including internal and external audit.
• Liaise and work with cross-functional teams across the globe including regular reporting to CFO and Board Members.

Key Responsibilities:
• Assist in preparation of monthly/ quarterly/ yearly Group consolidated accounts, financial and management reporting in accordance to and in compliance with IFRS and other internal/external requirements
• Prepare Ceded Reinsurance adjusting entries and supporting schedules and period close entries for all valuations.
• Verify Profit Commissions, Sliding Scale Commission Adjustments, Technical Reserves, Premium and reinstatement premium adjustments, Loss Corridors and other technical accounting entries.
• Manage and collect outstanding balances due from Cedants, Brokers and Retrocessionaires timely.
• Manage balance settlement with external clients and brokers according to reinsurance terms and agreements.
• Coordinate with Claims department on new claims and development of existing claims that may impact the reinsurance program.
• Collaborate with internal/external auditors to ensure proper compliance with all regulations
• Prepare and maintain client status reports and all relevant information.
• Prepare and render quarterly Statement of accounts for all reinsurance programs.
• Prepare General Reinsurance Revenue accounts quarterly.
• Respond to brokers and Retrocessionaires on any queries in timely manner.
• Analyse technical aspects of monthly financial statements (balance sheet, income statement, and statement of cash flows) for Management reporting.
• Reconciliation of GL accounts and balances pertaining to all insurance companies, brokers, reinsurance companies and supervises payment procedures.
• Oversee compliance process with regulator related to AML/CFT reporting and other quarterly/annual statistical reporting. Achievements:
• Proven record of negotiating and concluding commutation liability at as deep discount as possible amounting to savings worth million dollars for the company lowering its future obligations.
• Collected long term outstanding balances from ceding companies/brokers and retrocessionaires worth 3 million dollars.
• Implemented IASB published IFRS 16 Leases and IFRS 15 Revenues from Contracts with Customers in the organization.

Key Responsibilities:
• Design & deliver lectures on Accounting Procedures and Practices for graduate students.
• Prepare presentations on Principles and Concepts of Accounting, Auditing and Assurance and Malaysian taxation.
• Draft term and final exam questionnaires for Financial Accounting and Auditing, evaluate test sheets & provide feedback to students

Key Responsibilities:
• Calculate inward and outward cession for all classes of insurance
• Extract relevant statistics for treaty renewals
• Assist in preparation of quarterly statement of accounts
• Prepare reconciliation statements for inter-company transactions • Client servicing, managing agents by following up on payments, addressing billing inquiries, corresponding with underwriters and attending to document requests