Treaty Technical Accounting Operations AVP

Reposted Yesterday
Be an Early Applicant
2 Locations
In-Office
Senior level
Fintech • HR Tech • Insurance • Consulting
The Role
Oversee treaty accounting processes, ensure compliance, manage teams, resolve issues, and maintain client relationships in reinsurance operations.
Summary Generated by Built In
Company:Guy Carpenter

Description:

Guy Carpenter is the world's premier reinsurance intermediary and strategic advisor to leading insurance and reinsurance organizations, delivering integrated solutions through its industry-leading analytics and advisory services, highly specialized product knowledge and trading relationships with reinsurance markets around the world.

Guy Carpenter is a brand of Marsh Philippines. Guy Carpenter is actively seeking qualified candidates for this role in Manila, through a new Guy Carpenter business division to be established within Marsh Philippines.

Treaty Technical Accounting Operations AVP

What can you expect?

  • Strive to meet Key Performance Indicators (KPIs) and system tools to manage contract and Statement Of Accounts (SOAs) processes, meet Service Level Agreements (SLAs), and deliver compliant, efficient service.

  • Ensure SOAs are processed on a timely basis and remind the cedant to submit SOAs, ensuring all contractual and warranty conditions are met.

  • Input accounting/claims process for Request for Proposal (RFP) and sales opportunities to drive business growth.

  • Implement processes to carry out reinsurance audit/reviews with clients and reinsurers and reviews on premium activity, reconcile records to facilitate the review/audit process to ensure process quality.

  • Collaborate with peers on difficult or contentious reinsurance developments, supporting and providing training, mentoring and guidance within the team and/or department for all aspects of reinsurance service processing to assist with trouble shooting and to develop team resources.

  • Establish and drive relationships with Brokers, Clients and Markets to understand issues to resolve problems and queries and review working practices.

  • Manage a team of technical accounting staff.

We will count on you to:

  • Review technical statements of accounts from clients, process statements and billings according to departmental procedures.

  • Attend to queries from clients, reinsurers, and related parties.

  • Train the team in Technical Accounting principles.

  • Assist in the resolution of technical accounting issues.

  • Work closely with treaty claims team on queries.

  • Ensure timely responses to monthly Regional and Local Controllerships' revenue review queries and requests.

  • Ensure procedures and documentation are in compliance with Guy Carpenter Professional Standards.

  • Perform other job-related duties as assigned.

What you need to have:

  • Proven experience in Treaty Reinsurance processing for proportional and Excess Of Loss (XOL) contracts.

  • Deep experience in the Reinsurance industry, with specific experience of Treaty Reinsurance highly desirable.

  • Excellent verbal and written communication skills.

  • Excellent Microsoft Office skills (Word, Excel, PowerPoint) required.

  • Dynamic team management experience.

  • Proven ability to lead and/or set up teams.

  • Curiosity and eagerness to learn.

  • Positive attitude and adaptability in complex environments.

  • Ability to work daytime in alignment with Asia time zones as this role covers Asia portfolio.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.

  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

At Guy Carpenter, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment will empower you to focus on your personal and professional success, learning from top specialists in the (re)insurance industry and leading you towards a rewarding and impactful career.Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit guycarp.com, or follow on LinkedIn and X.Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries.

Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity.

Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics.

Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people.

Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society.

Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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