Ceded Reinsurance Credit Controller

Malaysia, Kuala Lumpur

The role holder coordinates end-to-end activity from unpaid reinsurance premiums and claims recoveries, builds reciprocal RI/broker relationships and provides management teams with effective reporting and clear escalation channels.

What You'll Be DOING

What will your essential responsibilities include

Responsible for Credit Control and Debt Collection-
Monitoring of RI claim recoveries that fall due / overdue and unreconciled aged RI premiums
Computation/investigation/rectification of Financial technical transactions relating to claims and premiums
Liaise with other departments (Finance and Ceded Re TA & TO) on discrepancies and assist to resolve them with engagement of both internal functions and external parties (Reinsurer & Brokers)
Reconciliation of RI/broker's statement
Monitoring & matching of receipts and unallocated receipts
Accelerating the collection process on aged RI claim recoveries
Engage with RI/ broker's on a regular basis to establish rapport and facilitate issues resolution
Monthly reporting of credit control balances analysis
Provide & contribute towards senior management with reporting packs
Adhere to all internal company procedures where applicable including, but not limited to, administrative procedures, expenses, health & safety
Ensure that, as an AXA XL employee, you are representing the AXA XL organisation in a professional and appropriate manner
Ad Hoc Projects as may be directed

You will report to the Team Lead, Credit Control ASIA

What You Will BRING

We're looking for someone who has these abilities and skills:

Diploma or University degree is preferred
Equipped with relevant related work experience
Those with experience in the Financial Services industry will be a plus
Up to date appreciation of the technical requirements of the role
Proven ability in identifying and analysing problems, creating good solutions, deploying sound decision making skills
Demonstrable evidence of interpreting & manipulating data clearly and accurately with the ability to extract & clearly articulate key points
Attention to detail and a meticulous eye for identifying inconsistencies or inaccuracies in data entry or data outputs
Able to organize self (and others if applicable) including effective scheduling, prioritization and time management skills, completing tasks to tight deadlines
Comfortable taking ownership for own work, identifying the need for action (using initiative) whilst working effectively within a team
Displays a resilient and adaptable style, track record of remaining calm in demanding circumstances, adjusting comfortably to changing conditions / priorities
Proven track record of knowing what it takes to provide a consistently first-class customer service internally and/or externally
Ability to build working relationships (internally/externally), establishing credibility amongst a wide and demanding client group
Demonstrates communication skills, and articulate presenter to internal/external audiences, exercising appropriate discretion in dealing with people from all levels of the Company
Advanced knowledge of Microsoft Office programs; specifically, PowerBI, Excel, Outlook, Word, PowerPoint

Who WE Are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it.

How By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

What We OFFER

Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It's about helping one another — and our business — to move forward and succeed.

Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
Robust support for Flexible Working Arrangements
Enhanced family-friendly leave benefits
Named to the Diversity Best Practices Index
Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called Roots of resilience, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars

Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We're committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's Hearts in Action programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see axaxl.com/sustainability.

Credit Controller

Ceded Reinsurance Credit Controller, Malaysia