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9.0 - 14.0 years
20 - 25 Lacs
gurugram
Work from Office
Role & responsibilities Roles and Responsibility- Managing all aspects of Ceded Reinsurance accounting operations , this includes the calculations/preparation/booking of reinsurance premiums, commissions and losses/recoveries related journal entries into general ledger, financial reporting and cash clearing and Intercompany settlements. Effectively reconciling all reinsurance activity (Premium, commission & recoveries related accounts) Working alongside Outward reinsurance placement & operations team to review complex reinsurance transactions from an accounting perspective. Provide automation recommendations & implementation to streamline the manual processes. Developing and maintaining rela...
Posted 1 day ago
3.0 - 8.0 years
6 - 16 Lacs
noida
Work from Office
Role & responsibilities Responsibilities: Syndicate & Technical Accounting Manage accounting entries for syndicates, premiums, claims, and reinsurance transactions in line with Lloyds and insurance accounting standards Fund Accounting & Ledger Management Manage fund movements, investment accounting, and related reconciliations ensuring accuracy across general and sub-ledgers Reserving & Reconciliations – Perform reserve calculations, prepare reconciliations between actuarial and accounting data, and ensure integrity of reported reserves Month-End Close & Reporting – Execute close activities including journal entries, trial balance review, variance analysis, and preparation of management repo...
Posted 1 week ago
3.0 - 8.0 years
12 - 14 Lacs
mumbai
Work from Office
Urgent Hiring | Reinsurance Lead Specialist Mumbai (Relocation Required) Industry: Insurance, Risk Management & Consulting Division: Operations Location: Mumbai We are hiring a Lead Specialist Reinsurance (FAC Process) to support the operational excellence and client servicing for India business. The role focuses on ensuring compliance, accuracy, and efficiency in reinsurance placement and claims management as per IRDAI guidelines. Key Responsibilities: Manage FAC (Facultative Reinsurance) operations including placement, endorsements, renewals, and claims. Handle end-to-end client servicing of accounts from new business to renewals and mid-term adjustments. Ensure compliance with IRDAI regul...
Posted 1 week ago
5.0 - 12.0 years
15 - 26 Lacs
mumbai, pune, bengaluru
Work from Office
Roles and Responsibilities : Manage insurance accounting operations, including accounting for Insurance and reinsurance contracts, investment, expenses, preparation of financial statement, reporting etc., Oversee reinsurance accounting activities, ensuring compliance with US GAAP and IFRS standards. Develop and maintain strong relationships with internal stakeholders to ensure effective communication of financial reporting requirements. Analyze data to identify trends and areas for improvement in the insurance business. Job Requirements : 5-12 years of experience in insurance accounting or a related field. Strong knowledge of US GAAP and IFRS standards for insurance contracts. Experience wit...
Posted 3 weeks ago
10.0 - 15.0 years
20 - 25 Lacs
pune, bengaluru, mumbai (all areas)
Work from Office
Job Title : Deputy Manager Looking for CA Qualified with Post Qualification Experience of 8 to 10+yrs Location: Mumbai / Pune /Bangalore Notice period : Looking for Immediate joiners onl y Candidate Expectations: Candidate with minimum 8 years’ experience in accounting field, preferably in the insurance/reinsurance accounting sector with experience in working through remote servers. B. Sc degree from a reputed university with a specialization in accounting will be an added advantage. ACA/ACCA or ACMA qualification or equivalent. Knowledge of the international insurance/reinsurance market and regulatory environment. Knowledge of IFRS and US GAAP, including an understanding of insurance/reinsu...
Posted 3 weeks ago
8.0 - 10.0 years
6 - 8 Lacs
mumbai
Work from Office
Role & responsibilities Re-Insurance function 1. To review & control over RI-Allocation (XOL premium, Facultative & XOL recovery) 2. Monitor / Control over re-insurance payment 3. Automation of manual activities & process improvement 4. Re-insurance GST / TDS compliances 5. Monthly Reconciliation over RI accounting 6. Control over RI Receivable / Payable Balances 7. Review of RI Treaty & Facultative terms and condition & to check accounting in line with same terms 8. Auditors query resolution & audit closure 9. Control over regulator reporting done by RI department 10. Tracking of RI performance 11. Monitor re-insurance disallowances
Posted 1 month ago
4.0 - 9.0 years
9 - 12 Lacs
noida
Work from Office
Handling reinsurance contracts- Treaty, FAC set-up Perform cession calculations and validate, ceded premium and loss results from the reinsurance system Preparing bordereaux, XOL and FAC billings to be sent to brokers/Reinsurers
Posted 1 month ago
3.0 - 7.0 years
0 Lacs
haryana
On-site
As an accounting specialist with 4-5 years of experience, you will play a vital role in our team by leveraging your key qualities. You excel in concise and specialist problem-solving, continuously seeking improvement and challenging the status quo. Your versatility, ingenuity, and innovative mindset distinguish you, and your initiative, interest in learning processes, teamwork skills, and effective communication set you apart. Your excellent organizational skills and ability to prioritize workload effectively will be valuable assets to our team. Your responsibilities as a member of the accounting and reporting team will include: - Executing reinsurance accounting and reporting activities dur...
Posted 1 month ago
2.0 - 4.0 years
1 - 3 Lacs
pune
Work from Office
Hello Connections...!!!!! Infosys BPM is hiring for Process Specialist (Re-Insurance) for Pune location. Job Details: Designation: Process Specialist Job Level: 3A Experience: 2-4 years Job Location: Pune (Work from Office) Shift: Flexible to work with any shifts Notice Period - Immediate to 30 Days Skills: Re-Insurance, Reinsurance Accounting and Technical Accounting Note: Reinsurance hands on experience is mandatory. Responsibilities: Performs medium to high back-office transactions to insurance clients (Reinsurance). Ensures accuracy and timeliness of transactions. Can process complex transactions and interpret insurance policy documents Audits work done by processors as required and help...
Posted 1 month ago
2.0 - 4.0 years
1 - 3 Lacs
bengaluru
Work from Office
Hello Connections...!!!!! Infosys BPM is hiring for Process Specialist (Re-Insurance) for Bangalore location. Job Details: Designation: Process Specialist Job Level: 3A Experience: 2-4 years Job Location: Bangalore (Work from Office) Shift: Flexible to work with any shifts Notice Period - Immediate Skills: Re-Insurance, Reinsurance Accounting and Technical Accounting Note: Reinsurance hands on experience is mandatory. Responsibilities: Performs medium to high back-office transactions to insurance clients (Life/P&C). Ensures accuracy and timeliness of transactions. Can process complex transactions and interpret insurance policy documents Audits work done by processors as required and helps im...
Posted 2 months ago
18.0 - 25.0 years
40 - 60 Lacs
noida
Hybrid
Position Summary The candidate will be leading multiple teams including Reinsurance, Reinsurance Regulatory Reporting & Analytics, Global Finance Support, Investment Operations, Fixed Assets and Australia & HK F&A. This position requires a hands-on and quality-focused financial executive with experience that combines sound financial leadership with proven business effectiveness. This role involves managing a span of 150-200 employees at MGCC and will ensure business alignment and effective governance. In addition, the candidate will be spearheading various Enterprise Level Projects and collaborating with Leadership across Lines of Business. Job Responsibilities Lead a team of finance profess...
Posted 2 months ago
1.0 - 6.0 years
14 - 24 Lacs
bengaluru, mumbai (all areas)
Hybrid
Experience in Portfolio Modeling Treaty Modeling, Reinsurance Business, etc End to end hands on experience on tools like RMS or AIR or both Portfolio + Account modeling can be a combination Excellent Communication Skills UK Shift - 2:30 pm - 10:30 pm
Posted 2 months ago
4.0 - 8.0 years
0 - 0 Lacs
noida
Hybrid
Role Description Reinsurance Setup, Sanctions & Submission clearance in the system. Facultative & Treaty Reinsurance Contract Management - Setting up & maintaining the reinsurance contract. Post bind work like Cancellation/endorsement management. Premium - Calculating and booking of reinsurance premiums and processing bordereaux in the system. Calculating & booking of contractual obligations like Profit commission, Prem adjustments, No claims bonus etc. Ensure the quarterly and yearly instructions are reviewed and incorporated. Analysis of actual results compared with expectations, as well as prior periods. Communicate with customer on day-to-day basis and internal stakeholder on regular bas...
Posted 2 months ago
5.0 - 6.0 years
4 - 6 Lacs
mumbai, maharashtra, india
On-site
Primary Responsibilities Monthly reconciliation of Claims and coordination with IT, Claims and RI for resolution of open items Preparation of Balance Schedules such as Outstanding Claims, Agent Deposit, Client Deposit, Refund Payable. Coordination with OPS on a regular basis to clear off open items Fixed Asset maintenance, Capital Work in Progress accounting, Depreciation accounting Assisting in month end activities such as Advance Premium accounting, Long term accounting, Outstanding claims etc. Supporting other stakeholders such as Analytical team, Reinsurance, Actuarial with various MIS. Experience Experience of over 5-7 years in financial risk controls Preferably having Industry knowledg...
Posted 2 months ago
4.0 - 8.0 years
0 Lacs
noida, uttar pradesh
On-site
You will be responsible for reviewing ceded/assumed premium, commission, losses & IBNR results from the reinsurance system. Ensuring accurate accounting for premiums, claims, commissions, and reserves will be a key part of your role. You will also be preparing, reviewing, and analyzing monthly, quarterly, and annual financial statements, along with journal entries to correct any discrepancies in financial records. Maintaining proper transaction records and ensuring accurate consolidation of financial data for GL reconciliation will be essential. Additionally, you will assist in the preparation of internal and external regulatory reporting filings. Identifying areas for process improvement an...
Posted 3 months ago
3.0 - 8.0 years
14 - 20 Lacs
Hyderabad, Chennai, Bengaluru
Hybrid
Senior Analyst Reinsurance, Assurant-GCC, India The Senior Analyst will be a member a transformation team within the Reinsurance division to drive the successful execution of the AIM Reimagine initiative. This role will execute project plans, task lists, according to agreed upon timelines. The Senior Analyst will assist the project manager with liaising between AIM system users and developers, facilitating effective communication, issue resolution, and prioritization of enhancements. Key responsibilities will include coordinating user acceptance testing, ensuring data accuracy, maintaining audit documentation, and overseeing Go-Live readiness. The ideal candidate will bring expertise in rein...
Posted 3 months ago
3.0 - 7.0 years
0 Lacs
haryana
On-site
We are seeking an accounting specialist with 4-5 years of experience to become a valuable part of our team. You excel in your role because you possess several key qualities. You are adept at concise and specialist problem-solving, constantly striving for continuous improvement and challenging the status quo. Your versatility, ingenuity, and innovative mindset set you apart. You are known for showing initiative, a keen interest in learning and understanding processes, and you excel in teamwork, demonstrating strong interpersonal skills, effective communication, and tact. Additionally, you possess excellent organizational skills and have the ability to prioritize workload effectively. As a mem...
Posted 3 months ago
5.0 - 10.0 years
8 - 12 Lacs
Gurugram
Hybrid
Role & responsibilities Analyzing the premium and loss histories of the Fac business. Establishing and maintaining relationships with internal and external clients extending to regular calls and engagements with the external markets. Analysis, booking and reconciliation of various reinsurance accounts. Handling of cash activity for assigned clients including application, collection, and accounts payable. Work closely with other internal departments on resolving the query as and when required. Preferred candidate profile Graduate / Postgraduate with relevant years of experience within the Reinsurance industry. Current relationship with various brokers and reinsurers with a history of credit c...
Posted 4 months ago
3.0 - 5.0 years
3 - 5 Lacs
Gurugram
Work from Office
Roles and Responsibilities Provide technical expertise on reinsurance accounting, including premium recognition, claims reserves, unearned premium reserve, reconciliation, net premiums, book closing, and reinsurance recoverables. Collaborate with internal stakeholders to resolve complex accounting issues related to reinsurance contracts. Ensure accurate and timely processing of reinsurance transactions to meet regulatory requirements. Develop and maintain strong relationships with clients by providing exceptional customer service and support. Stay up-to-date with industry developments and best practices in technical accounting for reinsurance. Desired Candidate Profile 3-5 years of experienc...
Posted 5 months ago
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