Insurance Accountant

Insurance Accountant

AIA Group
Ho Chi Minh Vietnam
5-8 years
Not Specified

Job Description

Bring your career aspirations to life with AIA!• Join finance project to have deep study on current transactional data flow across all systems to accounting system (SAP)
• Facilitate system improvement for critical accounting booking processes as per local regulations to be in line with IFRS17 upcoming deployment.
• Play the coordinated role to work with other sub-finance teams and IT team to set up/enhance systems to ensure high level of insurance data’s accuracy & completeness being recorded/adjusted on system.
System and process review (50%)
  • Conduct study of transactional data flows of premium collected from policy holders and expense incurred from various systems to accounting system (SAP)
  • Review current system set up for accounting entries by details of transactions, products and fund types and document for on-going workings & future reference if any.
  • Seek rooms for improvement to fix any route caused due to existing system set up that could have significant impact on the completeness and accuracy of data input and output via automating any manual bookings & adjusting any wrongly account booking set up
  • Coordinate closely with financial reporting, insurance accounting and IFRS17 team to propose and align any improvement in current accounting entries/system set up to ensure the compliance with both local regulation and risk-free future impact on IFRS17’s production.

Project implementation (50%)
  • Prepare detailed system requirement documentation as per IT & Finance System guidelines to reflect needs of changes in accounting entries/system set up
  • Work closely with IT and Finance Support team to timely clarify and requirements and address any constraints that might need to escalate to higher level for advice/approval
  • Organize UAT plan to get alignment with both IT’s production schedule and readiness of UAT’s resources, esp. if using resources from those teams that handle BAU tasks (e.g. Insurance Accounting, Financial Reporting etc.)
  • Ensure the timeliness of project deliveries as planned via project tracking with key milestones required to complete by each PIC and timeline.
  • Provide timely head up to Finance management team for any potential delays or risk implementation via monthly report/meeting to update project’s progress.

Bachelor’s Degree in Accounting/Finance
  • 5 years of working experiences in life insurance companies
  • 2 years of experience on insurance accounting detailed works is a Must

  • Life Insurance business is a Must (e.g. LOMA certificates)
  • Knowledge of insurance accounting (esp. fund-split process) is a Must.
  • Hand on experience with accounting system (e.g. SAP) & core insurance management system (e.g. OLAS) are required.

Hard skills
  • Be familiar with core life insurance systems (e.g. OLAS) (Must)
  • Be able to handle big data volume (e.g. by policies, agents) via MS Excel, Access (Must)
  • Be able to perform reconciliation across systems at details levels to detect differences
  • Have ability to understand (i) how insurance accounting entries are created & (ii) how they flow across systems to find solutions & fix data errors
  • Have UAT experiences for existing & new insurance products is a Plus

Soft skills
Be good at the following key attributes.
  • Communication (both Vietnamese & English)
  • Team works
  • Proactivity
  • Independence
  • Time management

Build a career with us as we help our customers and the community live healthier, longer, better lives.
You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.

Job Details

About AIA Group

For a century, we have served millions of people and generations of families all around the Asia-Pacific region.AIA is the largest independent publicly listed pan-Asian life insurance group – with a presence in 18 markets across the Asia-Pacific region.Our Vision is to be the world’s pre-eminent life insurance provider. That is our service to our customers and our shareholders.Our Purpose is to play a leadership role in driving economic and social development across the region. That is our service to societies and their people.Our Promise to help people live Healthier, Longer, Better Lives.

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