3 days ago

Specialist, Fin Operations Reinsurance

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 20 hours agoStatus: Live

Job Summary

Manage reinsurance-related financial operations, including account handling for queries and recoveries, producing MAS debtor ageing reports, and calculating provisions for bad and doubtful debts. Oversee payment and receipt processing for reinsurance and facultative reinsurance, review commission statement requirements, and generate statements of account to track premiums and claim recoveries. Support run-off portfolio reconciliation and cash allocation, ensure SOP compliance, and prepare workfiles for management discussions.

Location: Singapore

Workplace: Onsite

Employment Type: Full time

Job Function: Insurance & Actuarial

Key Responsibilities

•Manage queries, recoveries, and correspondence for the assigned reinsurance portfolio, coordinating with multiple channel partners.
•Produce MAS debtor ageing reports and calculate provisions for bad and doubtful debts.
•Process reinsurance payments and facultative receipts, including raising PRF requisitions and preparing manual journal vouchers for FinOps posting.
•Oversee commission statement requirements and manually generate statements of account to monitor outstanding premiums and claims recoveries.
•Handle run-off portfolio management and cash/write-off governance, including reconciliation, SOP sign-off, and preparation of workfiles for management review.

Key Requirements

•Have experience in credit control and/or finance/audit, supported by a university degree or equivalent.
•Strong end-to-end credit control and debt collection capability with a change-oriented mindset.
•Demonstrated ability to manage multiple distribution channels (Brokers, Agencies, Agents, Financial Advisers, Banca, Direct).
•Sound knowledge of legacy transactions and run-off clean-up activities, including bridging across historical processes.
•Advanced Excel and working knowledge of Microsoft Office, plus valid right to work in Singapore.

Experience:InsuranceReinsurance

Skills:Problem-solvingAnalytical thinkingStakeholder communicationOwnershipOrganizational skills

Tech Stack:Microsoft OfficeExcelPower Apps

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

HSBC

Global banking and financial services organisation offering retail, commercial, corporate and investment banking, wealth management, and global markets services across Europe, Asia, the Americas and the Middle East.

Industry: Banking

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: London, United Kingdom

Founded: 1865

Glassdoor: 3.6

Website LinkedIn

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HSBC

3 days ago

Specialist, Fin Operations Reinsurance

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 20 hours agoStatus: Live

Job Summary

Location: Singapore

Workplace: Onsite

Employment Type: Full time

Job Function: Insurance & Actuarial

Key Responsibilities

•Manage queries, recoveries, and correspondence for the assigned reinsurance portfolio, coordinating with multiple channel partners.
•Produce MAS debtor ageing reports and calculate provisions for bad and doubtful debts.
•Process reinsurance payments and facultative receipts, including raising PRF requisitions and preparing manual journal vouchers for FinOps posting.
•Oversee commission statement requirements and manually generate statements of account to monitor outstanding premiums and claims recoveries.
•Handle run-off portfolio management and cash/write-off governance, including reconciliation, SOP sign-off, and preparation of workfiles for management review.

Key Requirements

•Have experience in credit control and/or finance/audit, supported by a university degree or equivalent.
•Strong end-to-end credit control and debt collection capability with a change-oriented mindset.
•Demonstrated ability to manage multiple distribution channels (Brokers, Agencies, Agents, Financial Advisers, Banca, Direct).
•Sound knowledge of legacy transactions and run-off clean-up activities, including bridging across historical processes.
•Advanced Excel and working knowledge of Microsoft Office, plus valid right to work in Singapore.

Experience:InsuranceReinsurance

Skills:Problem-solvingAnalytical thinkingStakeholder communicationOwnershipOrganizational skills

Tech Stack:Microsoft OfficeExcelPower Apps

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

HSBC

Industry: Banking

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: London, United Kingdom

Founded: 1865

Glassdoor: 3.6

Website LinkedIn