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Finance Specialist

Finance Specialist

Metlife

4 - 9 years

6 - 11 Lacs

noida

Posted:1 day ago| Platform:

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Skills Required

automation reinsurance data validation claims ms access external audit process improvement trend analysis ups user acceptance testing

Work Mode

Work from Office

Job Type

Full Time

Job Description

Month-End Close and Accruals

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.

2. Reinsurance Statement Preparation Settlements

Prepare and reconcile monthly/quarterly/annual reinsurance statements.
Manage settlement of reinsurance balances including wire transfers, clearing entries, and follow-ups.
Ensure accuracy of treaty data for multiple countries and formats.

3. Stakeholder Query Management

Resolve queries received from reinsurers, controllers, and internal stakeholders.
Collaborate with local finance offices to ensure completeness of input data.
Liaise with reinsurers for data clarifications, follow-ups, and settlement confirmations.

4. Reporting Audit Support

Prepare quarterly and annual reports for internal and external stakeholders.
Support internal and external audit requirements, including documentation and data validation.
Ensure compliance with treaty terms and internal controls.

5. Testing Process Improvements

Perform UAT (User Acceptance Testing) for new models, systems, and reporting templates.
Validate changes in data templates or DB models (e.g., MS Access database) used in reinsurance calculations.

Identify opportunities for automation, process improvement, and documentation updates.

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