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Insurance Accountant

V S M & Co. LLP

3 - 5 years

3 - 4 Lacs

Bengaluru

Posted:1 week ago

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Job Description

We are seeking a detail-oriented Insurance Accountant to manage accounting and financial reporting activities related to insurance operations. The ideal candidate should have experience in premium accounting, claims accounting, reconciliations, financial reporting, regulatory compliance, and month-end closing processes within the insurance sector.

Key Responsibilities

· Manage accounting for insurance premiums, claims, commissions, and re-insurance transactions.

· Prepare and post journal entries and maintain accurate general ledger records.

· Perform monthly, quarterly, and annual account reconciliations.

· Support month-end and year-end financial close activities.

· Monitor premium collections, insurer settlements, and broker commission payments.

Required Qualifications

· Bachelor's degree in Accounting, Finance, Commerce, or related field.

· 3–5 years of accounting experience, with at least 2 years in the insurance industry.

· Strong knowledge of insurance accounting concepts including premiums, claims, reserves, and commissions.

Required Skills

· Insurance accounting and reporting

· General ledger accounting

· Account reconciliations

·· High attention to detail and accuracy

Preferred ExperienceExperience in Life Insurance, General Insurance, Health Insurance, Reinsurance, or Insurance Brokerage.

Pay: ₹25,000.00 - ₹35,000.00 per month

Work Location: In person

Skills Required

Insurance Accounting Financial Reporting Insurance Operations Claims Regulatory Compliance Month END Closing Journal Entries General Ledger Finance General Ledger Accounting Attention to Detail

Free courses, interview questions and practice for each skill.

Job Type

Full Time

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V S M & Co. LLP

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