AIA

Senior Associate-R2R Insurance & Reinsurance Accounting

AIA  •  Cyberjaya, MY (Onsite)  •  1 day ago
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Job Description

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.

It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030.

And to get there, we need ambitious people who believe in playing an important part in shaping that future. People seeking unmatched career and personal growth opportunities, who are driven to work with, and learn from some of the most inspiring and supportive leaders in the business.

Sound like you? Then read on.

About the Role

Reporting to Assistant Manager or Manager- Insurance & Reinsurance Accounting, this position shall support the insurance & reinsurance accounting process by performing routine of recording entries, reconciliations, assisting with month-end close activities, and ensuring compliance with internal controls.

Insurance and Reinsurance Accounting

  • Prepare insurance and reinsurance transactions, including recording, matching and clearing entries in SAP

  • Prepare reinsurance templates, inter‑company billings, settlements, and clearing activities in accordance with defined procedures

  • Support month‑end closing activities to meet agreed timelines

  • Prepare variance analysis and reasonableness checking on commentary for significant movements in balances and P&L.

  • Preparerelated to financial and management reports prepared by the team to ensure accuracy, consistency, and adherence to reporting guidelines.

  • Perform daily system reconciliations and control reports, ensuring issues are identified, logged, and resolved appropriately by the team.

  • Assist to reviewIFRS17 solution outputs and control reports, confirming completeness, accuracy, and alignment with source data.

  • Assist to prepare IFRS reporting activities, including IFRS 17 / IFRS 4, by preparing movements, reconciliations, and supporting schedules.

Financial Reporting & Analysis

  • Prepare quarterly / semi-annual / annual Group reporting template following Group Closing instructions.

Stakeholder Support

  • Response to routine queries from internal teams promptly and professionally.

  • Escalate unresolved issues to Assistant Manager as and when needed support.

Compliance & Documentation

  • Maintain proper documentation for all transactions in line with audit requirements.

  • Update Closing/Control Checklist, Training Materials and Business Process Manuals as and when required.

Control & Governance

  • Support internal and external audits by providing required documentation and explanations.

  • Ensure ICFR control objective is met.

Balance Sheet Reconciliation:

  • Perform balance sheet accounts reconciliations and resolve the unreconciled / open items ona timely manner.

Process Improvement

  • Contributeprocess improvement opportunities within insurance and reinsurance accounting workflows.

Others

  • Involve in UAT as and when required.

  • Perform other month end closing activities and ad hoc requests as and when required.

  • Support on other projects and matters as and when required.

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.

AIA

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR(2), and a 49 per cent joint venture in India. In addition, AIA has a 24.99 per cent shareholding in China Post Life Insurance Co., Ltd.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$328 billion as of 30 June 2025.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 43 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes “1299” for HKD counter and “81299” for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol “AAGIY”.

(1) Hong Kong SAR refers to the Hong Kong Special Administrative Region.

(2) Macau SAR refers to the Macau Special Administrative Region.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Central, HK
Year Founded
Unknown
Website
aia.com
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