Peak Reinsurance Company Limited (“Peak Re” or the “Company”) is a Hong Kong-based global reinsurance company. Since commencing operations in 2012, the Company has grown steadily to rank 27th* among global reinsurance groups in terms of net reinsurance premiums written. For the year ended 31 December 2024, Peak Re reported a reinsurance revenue of USD1.16 billion and a net profit of USD187 million. With total equity of USD1.43 billion as of 31 December 2024, Peak Re is rated A- by AM Best. Peak Re is authorised by the Insurance Authority of Hong Kong under the Insurance Ordinance (Cap. 41). The Company offers both Property & Casualty (“P&C”) and Life & Health (“L&H”) reinsurance. It provides innovative and tailored reinsurance, risk and capital management solutions to clients around the world. Fosun International Limited (00656.HK) and Prudential Financial, Inc. own approximately 87% and 13% of Peak Re, respectively, through Peak Reinsurance Holdings Limited.

*S&P Global Ratings' Top 40 Global Reinsurers In 2024 And Reinsurers By Country; 2024, S&P Global, 2024.

Job Description:

Accurately and completely maintain proper reinsurance technical accounting record by correctly interpret the Statement of Accounts after consulting Property & Casualty functions.
Very good understanding of technical accounting interfaces, upstream and downstream functions and stakeholders including the ability to actively manage and contribute to these areas.
Continuously in touch with clients and communicate professionally.
Closely monitor the cash-flow, account receivable aging status and follow up on settlement.
Work closely with market team to update monthly on the cash flow and accounts receivable and bookings status.
Data input by following the agreed working procedures / processes of technical accounting.
Constantly give feedback and seek areas for improvement in the reporting process, data quality, systems and tool enhancements.
Learn and master Peak Re reinsurance accounting system.
Proactively identify risks, maintain effective controls and address control issues on timely basis.

Job Requirement:

Minimum 8-10 years of relevant working experience in insurance/reinsurance industry.
Automation & Tools – Knowledge of SAP FS-RI/FSCD.
Exposure to Hong Kong and China markets is a MUST.
Proficient in verbal and written English and Chinese, including Mandarin, is a MUST.
Strong analytical mindset and attention to details.
Proactive and solution-oriented; Strong communication skills.
Strong team player.
Proactive in giving alerts to supervisor and the team when there is pitfall in the process or see areas for improvements.
Eager to learn and take up tasks.

Peak Re jobs

Senior Associate, Technical Accounting (Property & Casualty)

Never Miss a New Opportunity