_Reinsurance_APAC (Noida)

_Reinsurance_APAC (Noida)

02 Aug
|
EXL
|
Noida

02 Aug

EXL

Noida

Description
- Perform end-to-end reinsurance accounting activities for treaty and facultative business, ensuring accurate and timely financial reporting.
- Prepare, review, and post reinsurance accounting entries, including premiums, claims, commissions, recoverables, and settlements.
- Reconcile reinsurance accounts, including ceded and assumed balances, reinsurance receivables/payables, and intercompany transactions.
- Prepare monthly, quarterly, and year-end account reconciliations, resolve outstanding items, and ensure compliance with close timelines.
- Manage reinsurance cash settlements and coordinate with brokers, ceding companies, and internal stakeholders to resolve discrepancies.
- Support reporting related to reinsurance balances, reserves, recoverables, IBNR, DAC, unearned premium, and other insurance accounting requirements.

Responsibilities
- Perform end-to-end reinsurance accounting activities for treaty and facultative business, ensuring accurate and timely financial reporting.
- Prepare, review, and post reinsurance accounting entries, including premiums, claims,



commissions, recoverables, and settlements.
- Reconcile reinsurance accounts, including ceded and assumed balances, reinsurance receivables/payables, and intercompany transactions.
- Prepare monthly, quarterly, and year-end account reconciliations, resolve outstanding items, and ensure compliance with close timelines.
- Manage reinsurance cash settlements and coordinate with brokers, ceding companies, and internal stakeholders to resolve discrepancies.
- Support reporting related to reinsurance balances, reserves, recoverables, IBNR, DAC, unearned premium, and other insurance accounting requirements.

Qualifications
- Bachelor's degree in Accounting, Finance, Commerce, or a related discipline.
- CA/CPA/ACCA/CMA qualification or progress toward certification is preferred.
- 1.5–4 years of experience in Reinsurance Accounting, Insurance Accounting, or Record to Report (R2R) within the insura

📌 _Reinsurance_APAC (Noida)
🏢 EXL
📍 Noida

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