Analyst- Reinsurance Accounting & BDA Reporting

3 - 8 years

4 - 9 Lacs

Posted:4 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

POSITION OVERVIEW:
Reporting to the Manager Finance, this role is responsible for supporting all accounting and operational aspects of reinsurance transactions.
PRIMARY RESPONSIBILITIES
  • Support all accounting and operational aspects of reinsurance transactions.
  • Create and refine processes to adapt to large and complex transactions.
  • Prepare monthly and quarterly financial reporting journal entries related to reinsurance activities and other related financial reporting calculations.
  • Provide guidance to accountants in the preparation of accounts.
  • Prepare financial reporting disclosures related to reinsurance activities as required in SEC 10-K and 10-Q reporting and stand-alone reporting.
  • Coordinate between finance, actuarial, and legal departments on reinsurance matters.
  • Assist with various areas of the US GAAP, Bermuda Statutory and EBS close.
  • Implement, document, and maintain appropriate processes and controls in accordance with Sarbanes Oxley (SOX) requirements.
  • Participate in process improvement and automation projects.
  • Manage internal and external audit examinations.
  • Participate in other ad hoc projects as required.
Qualifications & Experience
  • CA with 3+ yrs or MBA / Grads with 4+ yrs of accounting experience
  • Knowledge and working experience with US STAT and US GAAP for reinsurance/insurance companies and life/annuity products and bulk annuity / pension risk transfer.
  • Experience with accounting for life insurance and annuities.
  • Experience with Sarbanes Oxley
  • Strong computer skills including Microsoft Excel
  • Current knowledge of Oracle, Essbase and Hyperion preferred.
  • Ability to establish and maintain effective working relationships with other employees and demonstrate adaptability.
  • Perceptive self-starter with excellent problem-solving abilities
  • Ability to effectively manage multiple projects at once.
  • Willingness to work overtime when required to meet deadlines.
  • Strong organization skills and attention to detail.

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