Finance Operations Officer

9 hours ago


Kuala Lumpur, Malaysia Allianz Malaysia Full time

Allianz Services is part of Allianz Group, one of the world's leading insurers and asset managers and has succeeded in becoming one individual business segment by combining various businesses from different parent companies. Allianz Services is running service delivery operations in Romania, India, Mauritius and Morocco as well as is operating Consulting hubs in Germany, USA, Italy, France and Singapore with almost 6000 colleagues globally.

This position is part of the Financial Business Services and will be responsible for supporting Allianz entities with settlements, credit control and finance operation processing on transaction with intermediaries.

This position will need to communicate with intermediaries and will be involved in finance transformation projections such as UAT on system improvements, improving workflow and process within the finance operations department.

**Key Responsibility Areas**:

- Manage settlement for premiums, commissions, credit control and daily finance operation processing on intermediaries
- Manage reconciliation of funds received and perform inter system and suspense reconciliation
- Perform RI settlement and reconciliations and liaise with internal/ external stakeholders to resolve related issues
- Responsible for sending statement of account and commission advice for intermediaries
- Perform credit card charging for aged premiums and liaise with intermediaries and Policy Management Team for related matters
- Perform processing works with data security control execution
- Manage and resolve all disputes and issues with intermediaries in collection of premiums
- Propose and establish improvements in processes and controls in AR scope of work
- Establish SOP for AR scope of work assigned where need be
- Liaise with Business Development Teams in the management of intermediaries
- Liaise with IT Technical Team and/ or Policy Management Team to resolve discrepancies in bookings, GST and intermediaries account set up that affects premium collection
- Ad-Hoc job task assign by Finance Operations Manager from time to time

**Capabilities and Qualifications**:

- Degree in Accountancy and Finance
- Minimum at least 2 years of experience in finance operations of an insurance company.
- Ability to understand, elaborate and convey information clearly and effectively in respect to the audience / level of management (both verbal and in writing)
- Ability to identify patterns and root causes in complex (e.g. ambiguous, from various sources) data and processes to rapidly distill key issues and provide insight and resolution in various situations
- Ability to handle complex processes (closing, reporting, finance operations) including understanding of data flows
- Ability to navigate well when presented with an ambiguous and complex situation/ process
- Preferably with knowledge and understanding in Reinsurance structure and processing of works in this area

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

Great to have you on board. Let's care for tomorrow.

**Job Level**:

- Professional

**Location**:

- Kuala Lumpur, MY

**Area of Expertise**:

- Finance & Accounting

**Unit**:

- Allianz Malaysia

**Employing Entity**:

- Allianz Technology Sdn. Bhd.

**Job Type**:

- Full-Time

**Remote Job**:

- Hybrid working

**Employment Type**:

- Permanent

**ID**:

- 64629

**Position Cluster**:

- Non-Executive



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