Accounting Analyst - Credit Control

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About Everest:

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

About the Role

The individual is responsible to manage technical payments and reinsurance accounting matters. The individual will need to be hands-on to manage a portfolio of direct and intermediary accounts. This involves reconciliation and processing of insurance and reinsurance receipts and payments, analyzing of premiums collection and claims settlement. 

The individual is also responsible for various month end close related reconciliations and quarterly reportings related to reinsurance receivable/payable. Requirement: A good team player which provides support to other team members in some aspects of reconciliation or adhoc duties.

Credit Control

• Prepare Cash/ARP application worksheet

• Reconciliation of AR/P balances, monitor debtor/creditor balances to pursue and collect receivables and promptly settle payables when due.

• Ensure receivables/payables are accurately analyzed and cleared from AR/AP system.

• Initiate and raise prepare technical payments with supporting documents for approval and coordinate with Treasury team for the settlements.

• Reply promptly to stakeholders’ questions and concerns.

Financial Control/Reporting matters

• Prepare Daily Cash report

• Review and raise monthly fund difference

• Perform cash FER (twice per annum)

• Prepare and post monthly journal vouchers where necessary

• Prepare of AR/P schedule for MAS reporting & audit.

• Prepare Non-Admitted Assets report (from H.O.) (CECL)

• Prepare balance sheet reconciliations and follow up to ensure balance sheet items are up to date and cleared in a timely manner.

Others

• Carry out any ad hoc project as and when assigned by Management.

Qualifications, Education & Experience:

• Minimum 3 years’ experience in credit control or related experience. Preferably from general insurance/reinsurance industry.

• Minimum education qualification: Diploma in accounting, finance or business.

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. 

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