Audit Senior Insurance Sector

Vasutti Services

4 - 9 years

8 - 16 Lacs

bengaluru

Posted:2 weeks ago| Platform:

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Skills Required

insurance us gaap audit reinsurance audit compliance accounting insurance audit finance property and casualty insurance audit - captive insurance audit

Work Mode

Work from Office

Job Type

Full Time

Job Description

Position Summary

Minimum 3+ years in public accounting audit, with a focus on insurance clients.
CPA or equivalent professional certification

Key Responsibilities

Lead and execute audit engagements for insurance clients, ensuring compliance with US GAAP and US GAAS.
Perform detailed testing and analysis of major transaction cycles for P&C insurance companies, including:
Premiums/underwriting
Claims and claim adjustment expenses (including actuarial estimates)
Reinsurance contracts/treaties
Investments
Policy acquisition costs
Audit US-domiciled captive insurance companies (preferred).
Apply knowledge of Statutory Accounting Principles (NAIC) in audit procedures (preferred).
Manage engagement budgets, timelines, and deliverables to ensure efficiency and quality.
Communicate audit issues, findings, and recommendations clearly to engagement leadership.

Technical Skills

Strong understanding of US GAAP and US GAAS (required).
Familiarity with NAIC Statutory Accounting Principles (preferred)

Soft Skills

Strong problem-solving and analytical thinking abilities.
Excellent verbal and written communication skills for client and team interactions.
Leadership and team management capabilities to guide junior staff.
Ability to adapt to changing priorities and work under pressure.
High level of professional integrity and accountability.
Strong time management and organizational skills to meet deadlines.
Collaborative mindset with relationship-building skills across teams and clients.

Industry Expertise

Experience auditing P&C insurance companies (required).
Experience auditing captive insurance companies (preferred).

Location and way of working:

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