Job description for Finance Staff – Accounts Receivable at PT Atlas Reinsurance Broker
Finance Staff – Accounts Receivable (ARB)
Qualifications:
- Bachelor’s Degree in Accounting, Finance, or related field
- Minimum 2 years of experience in AR, Technical Accounting, or Credit Control
- Prior experience in reinsurance broker / insurance (reinsurance division) / reinsurer preferred
- Strong understanding of reinsurance processes, including facultative arrangements
- Experienced in reconciliation, aging analysis, and reinsurance documentation (SOA, bordereaux, debit/credit notes)
- Detail-oriented, analytical, proficient in Excel, and able to meet reporting deadlines
Job Description:
- Monitor reinsurance premium receivables in accordance with facultative reinsurance terms and conditions.
- Maintain and update aging schedules, and follow up on outstanding balances to ensure timely settlement.
- Record and monitor brokerage income and overriding commissions from reinsurers.
- Reconcile Statements of Account (SOA), bordereaux, and debit/credit notes with reinsurers.
- Match incoming payments with the corresponding technical and accounting documentation.
- Perform structured collection and credit control activities.
- Coordinate with the Technical/Placement and Claims teams regarding outstanding accounts.
- Prepare periodic receivables reports, including aging analysis and collection performance reports.
- Support month-end and year-end closing processes related to accounts receivable and brokerage income.
