Officer
Singapore
1) Retro Accounting (Proportional): Processing and maintaining of Retrocession Accounts; - apportionment of inward bookings - booking of retro premium reserves - computation of retro profit commission - timely rendering of quarterly accounts and outstanding loss statements to brokers and retrocessionaires - timely and accurate generation of information schedule, statistics and other necessary information - maintain proper and up-to-date documentation … Show more 1) Retro Accounting (Proportional): Processing and maintaining of Retrocession Accounts; - apportionment of inward bookings - booking of retro premium reserves - computation of retro profit commission - timely rendering of quarterly accounts and outstanding loss statements to brokers and retrocessionaires - timely and accurate generation of information schedule, statistics and other necessary information - maintain proper and up-to-date documentation 2) Retro Accounting (Excess of loss): - ensure timely processing and payment of deposit premiums/ premium adjustment to brokers and retrocessionaires - review major loss movement for excess of loss recoveries - monitor loss movement and ensure timely processing of cash call advices to be sent to broker and retrocessionaires Show less