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SKM LLP is seeking a strategic and hands-on Accounts Officer on behalf of their client, a leading insurance brokerage firm. This role is envisioned as a long-term partnership, offering an opportunity to grow significantly with the organization.
The successful candidate will be crucial in managing the financial operations specific to the insurance industry, ensuring compliance, accuracy, and efficiency across various accounting functions.
Accounts Officer – Leading Insurance Brokerage Firm
Company Overview
SKM LLP is recruiting for a leading insurance brokerage firm. This firm is a key player in the insurance sector, focused on providing comprehensive services and looking for a dedicated Accounts Officer to join its team for long-term growth.
Job Overview
Location: Nairobi, Kenya
Employment Type: Full Time
Career Level: Entry Level Supervisor
Deadline: June 13, 2025
💰 Salary: Not specified
Job Summary
The Accounts Officer will be a strategic and hands-on professional responsible for financial reporting, premium accounting, claims processing, and reinsurance accounting within a leading insurance brokerage firm. This role emphasizes compliance with regulatory standards, strong internal controls, and active participation in audits and financial modeling to support the organization's growth.
Job Responsibilities
- Financial Reporting: Prepare and analyze financial statements specific to insurance operations, ensuring compliance with regulatory standards.
- Premium Accounting: Manage premium trust accounts, client invoicing, and reconciliation of premiums and commissions.
- Claims Processing: Oversee the processing of claims payments and refunds, ensuring accuracy and timeliness.
- Reinsurance Accounting: Record, analyze, and report on transactions related to risk transfer between insurance companies.
- Internal Controls: Implement and maintain internal controls specific to insurance accounting to safeguard assets.
- Audit Coordination: Coordinate with external auditors during financial audits, providing necessary documentation.
- Regulatory Compliance: Assess the financial impact of new insurance regulations and adjust accounting practices accordingly.
- Financial Modelling: Develop and maintain financial models to predict future trends in insurance underwriting profitability.
- Effectively support all aspects of engagement delivery end-to-end.
- Stay open-minded and curious about tax and regulatory developments globally.
Qualifications & Requirements
- Bachelor’s degree or a diploma in Accounting, Finance, or a related field.
- CPA certification will be preferred.
- 3–5 years of accounting or underwriting experience, preferably within an insurance brokerage firm.
- Proficiency in accounting software and Microsoft Office Suite, especially Excel.
- Strong attention to detail and accuracy (Analytical Skills).
- Excellent interpersonal and communication skills (both written and oral).
- Understanding of insurance industry regulations and accounting principles.
- Strong leadership and organizational skills.
- Ability to thrive under pressure and in a fast-paced environment while delivering high-quality deliverables.
- A self-driven and result-oriented individual able to work with minimum supervision.
- Excellent business writing skills.
- Excellent marketing and networking skills.
- A high standard of integrity.
How to Apply
Click on the "Apply" tab to submit your application.
Deadline for applications is June 13, 2025.
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