KENCHO SAMTEN

Applied For: Accountant

Thimphu, Bhutan.

About

With 11 years of Service with Royal Insurance Corporation of Bhutan Limited(RICBL) and Result-oriented finance and insurance professional with a robust background in financial analysis, risk management, and regulatory compliance. Leveraging analytical acumen and strategic decision-making, I am poised to transit into Accountant Post at EduYoung Happiness ECPF,Thimphu, Bhutan. My expertise in ensuring policy adherence, managing financial integrity, and optimizing operational efficiency directly aligns with the demands of a compliance-focused environment, enabling me to uphold regulatory standards and drive organizational stability.

Work

Royal Insurance Corporation of Bhutan

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Branch Assistant/Branch Accountant

Mongar, Mongar, Bhutan

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Summary

Processed daily financial transactions and managed comprehensive reconciliations, ensuring accuracy and supporting robust financial operations and integrity.

Highlights

Processed daily financial transactions and vouchers with high accuracy, contributing to efficient record-keeping and streamlined operational flow.

Conducted thorough reconciliations for cash, investments, bank accounts, premiums, receivables, payables, and insurance claims, ensuring financial integrity and reducing discrepancies.

Coordinated effectively with underwriters to facilitate premium collections and claims payments, improving process efficiency and client satisfaction.

Royal Insurance Corporation of Bhutan Limited

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Assistant Branch Manager

Mongar, Mongar, Bhutan

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Summary

Oversaw daily branch operations, managed financial reporting, and ensured regulatory compliance, contributing to the branch's financial stability and operational efficiency.

Highlights

Prepared accurate financial reports and conducted bank reconciliations, ensuring data integrity and supporting informed decision-making.

Oversaw efficient collection and payments management, optimizing cash flow and minimizing discrepancies.

Developed comprehensive budget reports for the General Administration Department, providing critical guidance on financial accounts to support strategic planning.

Managed end-of-year tax filings and ensured full compliance with financial regulations, mitigating potential penalties.

Acted as interim Branch Manager when required, demonstrating leadership and ensuring seamless operations during periods of transition.

Royal Insurance Corporation of Bhutan Limited

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FSSD Underwriter

Thimphu, Thimphu, Bhutan

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Summary

I have spent my 11 years in insurance,but with a unique twist. Alongside my client and policy work, I was also tasked with handling the books for several of our Branch offices. So, I have direct, hands on experience as an accountant-managing income premiums,processing outgoing claims payments,reconciling our accounts and making sure everything balanced at the end of the month. It gives me a really solid understanding of how the financial side and the client service side of insurance works together.

Highlights

Managed end-to-end underwriting for new private, non-government, organizational, and government companies, ensuring accurate risk assessment and policy issuance.

Conducted monthly updates on GIS subscriptions for government organizations, maintaining data accuracy and ensuring compliance with regulatory requirements.

Streamlined policy administration and client relationship management for a diverse portfolio, enhancing operational efficiency and client satisfaction by improving processes.

Education

Royal Thimphu College, Royal University of Bhutan

Thimphu, Thimphu, Bhutan
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Bachelor Finance

Languages

Dzongkha

English

Sharchop

Nepali

Certificates

Advanced Foundation Course in Life Underwriting & Claim Settlement

Sunrise Training Institute

Training on Risk Management

Manila, Philippines

Comprehensive Course on Life Underwriting & General Insurance Underwriting

Insurance Institute of Management

Skills

Financial Management

Financial Accounting & Reporting, Financial Analysis & Budgeting, Bank Reconciliation, Cash Flow Management, Tax Compliance & Filing, Investment Analysis.

Insurance & Risk Management

Insurance Underwriting, Risk Assessment, Policy & Claims Management, Regulatory Compliance & Auditing.

Business Operations

Process Streamlining, Operational Efficiency, Data Accuracy, Strategic Decision-Making, Project Management.

Relationship Management

Client Relationship Management, Stakeholder Engagement, Communication & Negotiation.

Leadership & Development

Team Management, Problem-Solving, Continuous Learning.

Software & Tools

Accounting Software, GIS Subscriptions.

Marketing (Targeted)

Market Research, Brand Positioning, Digital Marketing, Customer Outreach Strategies, New Business Development.

References

Tshewang Jigme

General Manager, Royal Insurance Corporation of Bhutan Limited, Phone: 17636842

Parsuram Tirwa

Deputy General Manager, Royal Insurance Corporation of Bhutan Limited, Phone: 17612015