Group Manager - Reinsurance Accounting - Ref86920a - Pune (Maharashtra)

Group Manager - Reinsurance Accounting - Ref86920a - Pune (Maharashtra)

03 Aug
|
Wns Global Services
|
Maharashtra

03 Aug

Wns Global Services

Maharashtra

Company Description WNS Holdings Limited NYSE WNS is a leading Business Process Management BPM company We combine our deep industry knowledge with technology and analytics expertise to co-create cutting-edge digital-led transformational solutions with clients across 10 industries We enable businesses in Travel Insurance Banking and Financial Services Manufacturing Retail and Consumer Packaged Goods Shipping and Logistics Healthcare and Utilities to re-imagine their digital future and transform their outcomes with operational excellence We deliver an entire spectrum of BPM services in finance and accounting procurement customer interaction services and human resources leveraging collaborative models that are tailored to address the unique business challenges of each client We co-create and execute the future vision of 400 clients with the help of our 44 000 employees Oversee and manage all aspects of ceded and assumed reinsurance accounting including complex treaty and facultative agreements ensuring timely and accurate financial reporting Direct the monthly quarterly and annual close processes related to reinsurance ensuring all accounts and balances are reconciled and discrepancies are fully resolved and documented Lead cross-functional collaboration efforts with underwriting claims actuarial and finance teams to ensure seamless data flow and accurate processing of all reinsurance data Prepare review and present comprehensive financial reports and analytics related to reinsurance activity for senior management auditors and regulatory bodies Manage all internal and external audits serving as the primary liaison and ensuring complete compliance and documentation Own the preparation and submission of all regulatory filings including NAIC and Schedule F reporting ensuring adherence to all statutory requirements Oversee all cash settlement activities for reinsurance premiums and recoveries including managing collections payments and generating aging reports Provide technical accounting guidance by interpreting complex reinsurance contract terms to ensure proper accounting treatment and compliance with agreement provisions and accounting standards GAAP IFRS SAP Drive the identification recommendation and implementation of process improvements and system enhancements to increase efficiency accuracy and overall control of reinsurance accounting functions Lead and mentor a team of reinsurance accounting staff providing guidance training performance evaluations and fostering a culture of continuous improvement Monitor and interpret changes in accounting standards GAAP IFRS SAP and regulatory requirements implementing necessary changes to ensure ongoing compliance Expert-level knowledge of reinsurance concepts including treaty and facultative reinsurance structures Thorough understanding of accounting principles US GAAP and Statutory Accounting Principles SAP Proficiency in accounting software e g Workday SAP and advanced Microsoft Excel skills Exceptional analytical problem-solving and organizational abilities with a focus on strategic decision-making Excellent attention to detail and a high degree of accuracy Strong written and verbal communication skills including experience presenting complex financial information to senior leadership Ability to manage multiple priorities in a fast-paced deadline-driven environment Strong relationship management skills to collaborate effectively across departments and with external partners like reinsurers and brokers Qualifications Education Master s degree in accounting Finance or a related field Experience Minimum of 8-12 years of progressive experience in insurance or reinsurance accounting is required Minimum of 3 years of experience in a supervisory or managerial role with proven leadership skills

📌 Group Manager - Reinsurance Accounting - Ref86920a - Pune (Maharashtra)
🏢 Wns Global Services
📍 Maharashtra

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