Assistant Manager-Operations

3 - 7 years

0 Lacs

Posted:14 hours ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

In this role at MetLife, you will be responsible for various financial tasks related to reinsurance accounting. **Role Overview:** - Execute monthly accrual bookings for premiums, commissions, and claims. - Review and validate month-end reports, perform trend analysis, and flag anomalies. - Manage booking of reinsurance-related accounting entries and coordinate with the finance team for ledger closures. - Prepare and reconcile monthly/quarterly/annual reinsurance statements. - Manage settlement of reinsurance balances including wire transfers, clearing entries, and follow-ups. - Resolve queries received from reinsurers, controllers, and internal stakeholders. - Prepare quarterly and annual reports for internal and external stakeholders. - Perform User Acceptance Testing (UAT) for new models, systems, and reporting templates. - Identify opportunities for automation, process improvement, and documentation updates. **Key Responsibilities:** - Execute monthly accrual bookings for premiums, commissions, and claims. - Review and validate month-end reports; perform trend analysis and flag anomalies. - Manage booking of reinsurance-related accounting entries and coordinate with the finance team for ledger closures. - Prepare and reconcile monthly/quarterly/annual reinsurance statements. - Manage settlement of reinsurance balances including wire transfers, clearing entries, and follow-ups. - Resolve queries received from reinsurers, controllers, and internal stakeholders. - Prepare quarterly and annual reports for internal and external stakeholders. - Support internal and external audit requirements, including documentation and data validation. - Perform User Acceptance Testing (UAT) for new models, systems, and reporting templates. - Identify opportunities for automation, process improvement, and documentation updates. **Qualifications Required:** - Strong understanding of reinsurance accounting principles. - Excellent analytical skills with the ability to perform trend analysis. - Experience in stakeholder management and query resolution. - Proficiency in preparing financial reports and supporting audits. - Knowledge of User Acceptance Testing (UAT) processes. - Ability to identify areas for process improvement and automation. In addition to the above responsibilities and qualifications, MetLife is a globally recognized financial services company with a strong commitment to its employees and customers. As a part of MetLife, you will be part of a team that values collaboration, integrity, and innovation. Join us at MetLife and be a part of creating a more confident future for individuals and communities worldwide.,

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