Qureos Mentor

AM Consulting W.L.L

Our client, a well-established organization in the insurance / financial services sector, is seeking an experienced and highly skilled Accounts professional to join their finance team. This role is ideal for candidates with strong expertise in life insurance accounting, IFRS reporting, and regulatory compliance.Job SummaryThe role is responsible for ensuring accurate and timely maintenance of financial records, regulatory compliance, and financial reporting in line with International Financial Reporting Standards (IFRS) and local regulatory requirements. The position involves monthly closures, reconciliations, IFRS 17 reporting, actuarial data support, and coordination with auditors and internal stakeholders.Key Responsibilities1. Financial Accounting &amp; Reporting<ul><li>Ensure accurate and timely monthly and year-end closure of books of accounts.</li><li>Oversee VAT filings in compliance with regulatory requirements.</li><li>Prepare and review IFRS 4 financial statements and MIS reports.</li><li>Support the CFO in IFRS 17 financial statements and IFRS 4 to IFRS 17 reconciliations.</li><li>Account for ECL provisions as per IFRS 9 and handle IFRS 16 lease accounting.</li><li>Coordinate audits and implement audit recommendations.</li></ul>2. Regulatory &amp; Statutory Compliance<ul><li>Provide financial data for compliance, IFR, IFRS 17 reconciliations, and Economic Substance reporting.</li><li>Prepare and submit regulatory reports and financial surveys to relevant authorities.</li><li>Coordinate with Compliance and Risk teams on governance reports, regulatory submissions, and rating agency requirements.</li><li>Ensure timely publication of audited and reviewed financial statements as per regulatory guidelines.</li></ul>3. Actuarial, Fund &amp; ULIP Accounting<ul><li>Prepare Life Fund workings, cashflows, and fund value reconciliations.</li><li>Review ULIP fund trial balances and prepare combined financial statements.</li><li>Coordinate with ULIP service providers, perform data quality checks, and reconciliations.</li></ul>4. Budgeting, Analysis &amp; MIS<ul><li>Assist in annual budget preparation, variance analysis, and trend reporting.</li><li>Prepare MIS reports, board notes, presentations, and management dashboards.</li><li>Handle large datasets with high accuracy and integrity.</li></ul>5. Controls, Reconciliations &amp; Coordination<ul><li>Review bank and contra reconciliations and monitor branch accounting activities.</li><li>Ensure strong financial controls and timely monthly closures across branches.</li><li>Act as a liaison with auditors, actuarial consultants, IT, and regulators.</li><li>Support tax filings and year-end system rollovers.</li></ul>6. Systems &amp; Process Improvement<ul><li>Test ERP and accounting system enhancements and ensure data accuracy.</li><li>Recommend automation and process improvements to enhance efficiency.</li><li>Maintain structured digital records and financial models.</li></ul>Qualifications &amp; Experience<ul><li>Education: Bachelor&rsquo;s or Master&rsquo;s degree in Accounting, Commerce, or Finance.</li><li>Experience:</li><li>Minimum 13+ years at managerial level.</li><li>20+ years overall experience in life insurance accounting, financial reporting, and audit coordination.</li><li>Strong hands-on experience in IFRS implementation (including IFRS 17), ULIP accounting, and regulatory reporting is essential.</li><li>Prior experience within the insurance or financial services sector is highly preferred.</li></ul>Job Type: Full-time

Assistant Manager / Deputy Manager / Manager – Accounts

(Hiring for one of our clients)We are hiring an Executive Secretary to the CEO on behalf of one of our clients operating in a regulated corporate environment. The role provides high-level administrative and secretarial support to the CEO, Corporate Secretary, and Senior Management, ensuring effective coordination, documentation, and communication within and outside the organization.The position requires a high degree of professionalism, discretion, and organizational capability, with responsibility for handling confidential information, managing official correspondence, maintaining company records, supporting corporate governance processes, and facilitating regulatory and executive-level responsibilities.Key Responsibilities1. Reception &amp; Communication Management<ul><li>Act as the first point of contact for visitors, clients, and business partners.</li><li>Manage internal and external communications, including PABX calls, emails, and official correspondence.</li><li>Schedule and coordinate appointments, meetings, and events with internal and external stakeholders.</li><li>Assist in drafting and issuing press releases for print and digital media.</li><li>Coordinate honorarium payments, guest expenses, and event logistics in line with company procedures.</li><li>Ensure professional communication standards and corporate etiquette at all times.</li></ul>2. Office Management &amp; Record Maintenance<ul><li>Maintain inventory of office stationery and supplies and ensure timely replenishment.</li><li>Manage cash advances and reimbursements in coordination with the Accounts Department.</li><li>Maintain structured physical and digital filing systems for efficient document retrieval.</li><li>Maintain and update the CEO&rsquo;s leave and calendar records.</li><li>Ensure continuity of administrative support during the absence of key personnel.</li></ul>3. Confidential Document Management<ul><li>Ensure safe custody of company agreements, contracts, and confidential documents.</li><li>Maintain and periodically update KYC documentation for company officials.</li><li>Retrieve documents promptly upon request by management or auditors.</li><li>Support digitization of historical records including board minutes, contracts, and correspondence.</li><li>Organize and maintain digital archives for meetings, compliance, and governance documentation.</li></ul>4. Corporate Governance Support<ul><li>Assist the Corporate Secretary in preparing agendas, board notes, and minutes for Audit Committee, RMCB, Board Meetings, AGM, EGM, and IO Conferences using Board PAC meeting solutions.</li><li>Coordinate follow-ups on board resolutions, committee decisions, and compliance actions.</li></ul>5. External Coordination &amp; Liaison<ul><li>Coordinate with chambers of commerce, business councils, legal firms, and other institutions for corporate and social engagements.</li><li>Manage renewals of corporate memberships, sponsorships, and related payments.</li><li>Liaise with Corporate Office and Branch Offices to streamline administrative communication.</li><li>Support planning and coordination of official events and external representations.</li></ul>6. Regulatory &amp; Statutory Liaison<ul><li>Liaise with regulatory and statutory authorities regarding updates to directors&rsquo; records and official filings.</li><li>Coordinate notarization, attestation, and legalization of company documents with ministries, embassies, and regulatory bodies.</li><li>Work closely with legal advisors and notarization offices to ensure timely documentation.</li><li>Maintain updated records of statutory filings, regulatory communications, and legal correspondence.</li></ul>7. Training &amp; Development Coordination<ul><li>Coordinate employee training and development programs with recognized institutes.</li><li>Manage registrations, approvals, scheduling, and payments for training programs.</li><li>Maintain training records, completion reports, and CPD documentation for inspection purposes.</li><li>Assist in identifying training needs aligned with organizational competency requirements.</li></ul>Skills &amp; Competencies<ul><li>Strong organizational and multitasking skills with high attention to detail.</li><li>Excellent written and verbal communication abilities.</li><li>High level of professionalism and discretion in handling confidential matters.</li><li>Proficiency in MS Office (Word, Excel, PowerPoint, Outlook) and document management systems.</li><li>Good understanding of corporate governance procedures and board coordination.</li><li>Ability to interact effectively with senior executives, regulators, and external stakeholders.</li></ul>Qualifications &amp; Experience<ul><li>Education: Bachelor&rsquo;s or Master&rsquo;s degree in Business Administration or a related field.</li><li>Experience: Minimum 5&ndash;7 years of experience in executive secretarial or corporate office administration roles.</li><li>Preferred: Experience in corporate governance support, legal coordination, or working in a regulated industry such as insurance, banking, or finance.</li></ul>Job Type: Full-time

Executive Secretary to CEO

(Hiring for one of our clients)We are recruiting an Assistant Manager / Deputy Manager (CRM/Admin) on behalf of one of our clients operating in the insurance sector. The role is responsible for supporting and managing operations related to policy servicing, client relationship management, compliance reporting, and day-to-day CRM functions. The position requires close coordination with internal departments including underwriting, reinsurance, finance, and administration.The role also oversees processes related to employee payments and reimbursements in line with approved recommendations, as well as estate-related administrative matters such as office rental agreements, employee accommodations, and vehicle leasing arrangements.Key Responsibilities1. Policy Servicing<ul><li>Manage all aspects of policy servicing, including Loans, Surrenders, Maturities, Death Claims, and Discounted Maturity cases.</li><li>Prepare, verify, and process policy documents and related financial calculations accurately.</li><li>Communicate with business units regarding claim decisions, pending cases, and required documentation.</li><li>Track and follow up on outstanding policy servicing and claim requirements to ensure timely resolution.</li><li>Maintain and update policy servicing databases and records for audit and compliance purposes.</li></ul>2. Office Services<ul><li>Process office bills, invoices, and operational payments in accordance with company procedures.</li><li>Prepare office notes for invoice approvals and maintain complete supporting documentation for audits.</li><li>Maintain Excel trackers to monitor financial limits and provisions for operational expenses.</li><li>Coordinate with the Accounts Department on payment approvals, reconciliations, and statutory provisions.</li></ul>3. CRM (Customer Relationship Management)<ul><li>Prepare and submit Quarterly Statement of Complaints to the Central Bank of Bahrain (CBB), ensuring timely resolution of customer complaints.</li><li>Handle IOMIS system data exports and ensure accuracy of policy and claim data uploaded to regulatory platforms.</li><li>Support data reporting and coordination between CRM, Operations, and Compliance teams.</li></ul>4. Building Institutional Memory<ul><li>Assist in maintaining the BIMPIM application by uploading relevant records for future reference.</li><li>Archive Admin and CRM documents in an organized and retrievable manner.</li><li>Support documentation of processes to strengthen corporate knowledge and operational consistency.</li></ul>5. Other Administrative Duties<ul><li>Provide administrative support across operational and HR-related activities with proper controls.</li><li>Assist in organizing reports, meetings, and internal communications within the CRM and Operations departments.</li><li>Contribute to process improvements and workflow standardization to enhance efficiency.</li></ul>Key Skills and Competencies<ul><li>Strong communication and interpersonal skills to manage internal and external stakeholders.</li><li>Good understanding of insurance operations, compliance requirements, and customer service standards.</li><li>Excellent organizational, analytical, and problem-solving skills.</li><li>Proficiency in MS Office (Excel, Word, Outlook) and CRM/ERP systems.</li><li>High attention to detail, accuracy, and adherence to regulatory timelines.</li></ul>Qualifications and Experience<ul><li>Education: Bachelor&rsquo;s or Master&rsquo;s degree in Business Administration, Finance, Insurance, or a related field.</li><li>FIII from the Insurance Institute of India is preferred.</li><li>Experience: Minimum 5&ndash;6 years of relevant experience in CRM, Operations, or Insurance Administration.</li><li>Preferred Background: Experience in insurance policy servicing, regulatory reporting, and compliance management.</li></ul>Job Type: Full-time

Asst. Manager / Dy. Manager (CRM / Administration)

(Hiring for one of our clients)We are hiring an Assistant Manager / Deputy Manager / Manager (Claims) on behalf of one of our clients in the insurance sector. The role is responsible for supervising branch-level operations related to claims management, payment controls, and reconciliation of claim payouts. The position requires close coordination with the Claims, Operations, and Finance Departments to ensure accuracy, transparency, and efficiency in claims processing and related financial activities.Key Responsibilities1. Supervision of Claims &amp; Compliance<ul><li>Oversee accounting and financial processes related to claim settlements.</li><li>Review claim files to ensure all required approvals, supporting documents, and authorizations are in place prior to payment.</li><li>Verify claim calculations, policy validity, and payable amounts in line with company guidelines.</li><li>Ensure compliance with internal financial controls, audit requirements, and regulatory frameworks governing claim disbursements.</li><li>Maintain accurate claim payment registers and ensure timely updates in the accounting system.</li></ul>2. Preparation of Claim Schedules<ul><li>Prepare, review, and maintain detailed claim schedules covering approved claims, pending payments, and reconciliations.</li><li>Consolidate claim data for monthly and quarterly reporting to Head Office Claims and Finance teams.</li><li>Ensure claim schedules reconcile with ledgers, vouchers, and bank statements.</li><li>Identify and report discrepancies, unusual transactions, or delayed settlements to management.</li><li>Ensure timely submission of claim-related reports for internal review and audit.</li></ul>3. Check and Control of Payments<ul><li>Implement and monitor strict controls over claims and branch-related payments.</li><li>Verify payment requests against approved documentation and authorization limits.</li><li>Review daily payment registers to prevent unauthorized or duplicate payments.</li><li>Monitor payment trends and ensure adherence to budgetary controls and financial discipline.</li></ul>4. Verification &amp; Approval of Payments<ul><li>Review and authorize payment vouchers in line with approval hierarchies and financial limits.</li><li>Verify accuracy of claim amounts, policy details, and beneficiary bank information before release of payments.</li><li>Cross-check accounting entries for completeness and accuracy prior to final approval.</li><li>Coordinate with internal and external auditors for verification of payment and claim records.</li></ul>5. Banking Balance Reconciliation<ul><li>Reconcile daily and monthly bank balances with claim payout records.</li><li>Ensure all claim payments via bank transfer or cheque are properly recorded in branch ledgers.</li><li>Investigate and resolve discrepancies between bank statements and internal records.</li><li>Prepare reconciliation reports for review by Finance Management.</li><li>Maintain complete, transparent, and audit-ready documentation.</li></ul>Key Skills and Competencies<ul><li>Strong analytical and reconciliation skills, particularly using MS Excel.</li><li>Effective communication and coordination skills with internal teams and auditors.</li><li>High level of integrity, confidentiality, and attention to detail.</li><li>Ability to work independently and manage multiple priorities under deadlines.</li></ul>Qualifications and Experience<ul><li>Education: Bachelor&rsquo;s or Master&rsquo;s degree.</li><li>Experience: Minimum 5 years of experience in claims or policy servicing, preferably within the life insurance sector.</li><li>Technical Knowledge:</li><li>Strong understanding of claim accounting and payment processes.</li><li>Knowledge of insurance claims compliance standards is a strong advantage.</li></ul>Job Type: Full-time

Asst. Manager / Dy. Manager / Manager (Claims)

(Hiring for one of our clients)We are seeking a qualified Assistant Manager / Manager (Finance &amp; Accounts) on behalf of one of our clients, a reputable life insurance company. The role involves overseeing financial operations, ensuring compliance with regulatory standards, preparing and submitting financial statements, and optimizing accounting processes.Key Responsibilities1. Financial Management &amp; Reporting<ul><li>Prepare and present quarterly and annual financial statements for the company and its UAE branches, in accordance with regulatory standards such as IFRS 9, IFRS 17, etc.</li><li>Ensure accurate and timely submission of financial reports including income statements, balance sheets, and cash flow statements.</li><li>Analyze financial data and performance metrics to support decision-making.</li></ul>2. Regulatory Compliance<ul><li>Ensure compliance with local and international accounting standards, including Bahrain&rsquo;s financial regulations and insurance industry requirements.</li><li>Prepare and submit regulatory reports and filings promptly.</li></ul>3. Audit &amp; Risk Management<ul><li>Coordinate and manage internal and external audits, ensuring all audit requirements are met.</li><li>Ensure accounting policies and procedures align with the organization&rsquo;s risk management framework.</li></ul>4. Budgeting &amp; Forecasting<ul><li>Lead the annual budgeting process and financial forecasting.</li><li>Monitor actual financial performance versus budget and recommend corrective measures as needed.</li></ul>5. Taxation<ul><li>Ensure compliance with tax obligations including VAT and other relevant tax laws in Bahrain.</li><li>Collaborate with external tax advisors for effective tax planning, regulatory updates, and timely filing of tax returns.</li></ul>Age, Qualifications &amp; Experience<ul><li>Age: Maximum 45 years as of 01.01.2026</li><li>Education: Chartered Accountancy qualification or related credentials such as ACCA or CPA preferred.</li><li>Experience: Minimum 3 years in a junior managerial role within the life or general insurance industry, with a total of 5&ndash;6 years relevant accounting experience preferably in life insurance or financial services.</li></ul>Skills<ul><li>Strong understanding of IFRS and financial regulations relevant to the insurance business.</li><li>Advanced proficiency in MS Excel and MS Word.</li><li>Excellent analytical, communication, and leadership skills.</li></ul>Job Type: Full-time

Asst. Manager / Manager (Finance & Accounts)

(Hiring for one of our clients)We are hiring an Assistant Manager / Deputy Manager / Manager (Policy Service) on behalf of one of our clients in the insurance sector. The role is responsible for ensuring the smooth day-to-day functioning of branch-level policy servicing operations. This includes managing administrative systems, coordinating across departments, maintaining office discipline, and implementing company policies and procedures.Key ResponsibilitiesGeneral Administration &amp; Branch Operations<ul><li>Oversee general administration, facilities management, and overall office upkeep.</li><li>Ensure availability and efficient utilization of office supplies and resources.</li><li>Coordinate with Head Office and other branches on administrative and operational matters.</li><li>Monitor the performance of administrative staff and provide guidance and support as required.</li><li>Ensure compliance with health, safety, and security standards within the branch.</li></ul>1. Office Services<ul><li>Manage office maintenance, repairs, and service contracts (cleaning, security, etc.).</li><li>Ensure proper functioning of utilities and office equipment.</li><li>Liaise with vendors and service providers for timely delivery of goods and services.</li><li>Oversee housekeeping, courier, transportation, and canteen services, where applicable.</li><li>Supervise front-office operations, including reception and visitor management.</li></ul>2. Policy Servicing<ul><li>Supervise policy servicing activities including renewals, endorsements, and policy updates.</li><li>Ensure adherence to company regulations, service standards, and defined turnaround times.</li><li>Provide administrative and operational support to the policy servicing team.</li><li>Review service requests and resolve procedural or administrative bottlenecks.</li><li>Coordinate with underwriting, claims, and customer service teams as required.</li></ul>3. Verification &amp; Approval of Payments<ul><li>Review and verify payment vouchers, bills, and supporting documents.</li><li>Approve operational and petty cash expenses within approved limits.</li><li>Coordinate with the Accounts Department to ensure timely processing of vendor and service payments.</li><li>Maintain financial transparency and accurate records of branch expenditures.</li><li>Monitor budget utilization and report deviations when necessary.</li></ul>4. Communication &amp; Correspondence<ul><li>Monitor and respond to official emails, telephone calls, and online queries.</li><li>Ensure timely and professional communication with internal teams and external parties.</li><li>Delegate inquiries to relevant departments and follow up for prompt resolution.</li><li>Prepare and circulate administrative reports, updates, and official correspondence as required.</li></ul>Key Skills &amp; Competencies<ul><li>Strong organizational and multitasking skills.</li><li>Excellent communication and interpersonal abilities.</li><li>Sound understanding of administrative and operational procedures.</li><li>Strong decision-making and problem-solving capabilities.</li><li>High attention to detail, accuracy, and confidentiality.</li><li>Proficiency in MS Office and office management systems.</li></ul>Qualifications &amp; Experience<ul><li>Education: Bachelor&rsquo;s degree in Business Administration, Management, or a related field (Master&rsquo;s degree preferred).</li><li>Experience: Minimum 5&ndash;7 years of experience in policy servicing and administration, preferably within the life insurance industry.</li><li>Proven experience in managing branch operations and administrative functions.</li></ul>Job Type: Full-time

Asst. Manager / Dy. Manager / Manager (Policy Service)

(Hiring for one of our clients)We are hiring an Assistant Manager / Deputy Manager / Manager (Branch Accounts) on behalf of one of our clients in the insurance sector. The role is responsible for ensuring accurate, efficient, and compliant management of all branch-level financial and accounting activities. The position plays a key role in maintaining branch accounts, managing day-to-day banking operations, preparing commission and compensation statements, controlling petty cash, and overseeing accounting aspects related to new business operations.Key Responsibilities1. Maintaining Branch Accounts<ul><li>Maintain complete, accurate, and up-to-date branch accounts within the accounting system.</li><li>Record all receipts, payments, and journal entries in accordance with company policies and accounting standards.</li><li>Perform periodic reconciliations and support month-end and year-end closing activities.</li><li>Prepare branch financial summaries and management reports for review and audit.</li><li>Ensure compliance with internal accounting controls and audit requirements.</li></ul>2. Banking Activities<ul><li>Manage branch-level banking operations including deposits, withdrawals, and fund transfers.</li><li>Prepare and maintain daily bank reconciliation statements.</li><li>Liaise with banks on account management, cheque clearances, and payment approvals.</li><li>Monitor daily cash flows and ensure adequate funds for operational requirements.</li><li>Ensure all bank transactions are properly authorized and supported with documentation.</li></ul>3. Preparation of Commission &amp; Compensation<ul><li>Calculate and prepare commission and compensation statements for agents and advisors.</li><li>Coordinate with HR and Sales teams to validate data accuracy and consistency.</li><li>Maintain detailed commission records for audit and reference.</li><li>Ensure timely processing and payment of commissions in line with company policies.</li><li>Prepare analytical reports on commission payouts and sales performance trends.</li></ul>4. Maintenance of Petty Cash<ul><li>Manage and control branch petty cash and maintain accurate records.</li><li>Process petty cash expenses supported by valid documentation and approvals.</li><li>Conduct regular petty cash reconciliations to ensure accuracy.</li><li>Ensure expenditures remain within approved limits and company policies.</li><li>Submit monthly petty cash reports and replenishment requests to the Accounts Department.</li></ul>5. Supervision of New Business Accounting<ul><li>Oversee accounting aspects related to new policy issuance and premium collections.</li><li>Ensure timely recording, reconciliation, and reporting of new business income.</li><li>Verify receipts and maintain accurate records to support underwriting and policy servicing teams.</li><li>Ensure compliance with company policies and regulatory procedures in new business processing.</li><li>Support the New Business Department in maintaining financial accuracy and operational efficiency.</li></ul>Required Skills &amp; Competencies<ul><li>Strong knowledge of accounting principles and financial record-keeping.</li><li>High level of analytical ability with strong attention to detail and accuracy.</li><li>Proficiency in accounting software (e.g. Tally, SAP, Oracle) and MS Office applications.</li><li>Excellent organizational, communication, and coordination skills.</li><li>High standards of integrity, confidentiality, and professionalism.</li><li>Ability to work independently and meet tight deadlines.</li></ul>Qualifications &amp; Experience<ul><li>Education: Master&rsquo;s degree in Accounting, Finance, or Commerce.</li><li>Experience: Minimum 5 years of experience in accounting or financial operations, preferably within the life insurance industry.</li><li>Knowledge: Strong understanding of accounting cycles, reconciliations, commission structures, and branch-level financial procedures.</li></ul>Job Type: Full-time

Asst. Manager / Dy. Manager / Manager (Branch Accounts)

Join AM Consulting W.L.L and explore 7   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.