Entity: Allianz Insurance Singapore

This is an intern position within the finance function and will assist the Finance Operations Team in reconciliation and processing works in the scope of Accounts Receivable and Payable.

Candidates should be able to commit either part-time (3 working days/week) or full time for a period of 6 months – 9 Months.

The Finance Operations Team is responsible for several key functions and operations that are crucial to the running of the company including: Receipt reconciliation for premiums and premium refunds for policyholders, commission payout to intermediaries and payments to our suppliers.

This is an excellent opportunity for the successful candidate to obtain real hands-on finance operations experience within a dynamic working environment.

The intern will be responsible for assisting the team with:

Accounts Receivable

• Process commission pay out in system and send Monthly Statement of Account and Commission Advice to agencies

• Assist with receipting and reconcile unposted receipts

• Process transfer premium from cancelled policy to new policy

• Assist in cheque recording

• Perform administrative works or other ad-hoc tasks as per assigned

Accounts Payable

• Assist in journal posting for insurance related payments

• Assist in processing of premium refund

• Handle the payment processing for vendors/ supplies and staff reimbursements picking up requests from designated mailbox, ensuring appropriate approval, sanction screening and supporting documents (invoice/ receipt/ contract) are provided

• End to end vendor/staff reimbursement payment processing to perform data input of payments, posting journals in SAP and execute for payment run to bank portal

Capabilities and Qualifications:

• Currently studying or completed studies in an Finance or business subject-related tertiary course or post-secondary school course (e.g., Finance management, Accounting, Business Admin or Business Management etc).
• Proficient in Microsoft Office applications, in particular Excel, Power Point and Words.
• Any AI-future skills e.g., ChatGPT, or CoPilot 365, will be an advantage to all job roles.
• Possesses good attention to detail, interpersonal skills, reliability & conscientiousness.
• Strong analytical skills.

90295 | Finance & Accounting | Student | n.a. | Allianz Singapore | Full Time or Part Time | Temporary

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. 
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. 
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. 
Join us. Let's care for tomorrow.