Key Responsibilities:

Roles & Responsibilities / KRA:

- Insurance Pay-outs, Reinsurance Pay-outs, Revenue Accounting & Reconciliation.
- Follow the process of BAU accounting, month-end & post month end activities in Revenue Accounting, Insurance Pay-outs, Reinsurance Accounting Pay-outs and reporting, Unclaimed reporting and Reconciliations.
- Ensure timely month end book closure by ensuring all the accounting entries are closed over month end.
- There should not be any recon open items more than 90 days & items above 90 days to be closed.
- There should be proper analysis and reasoning for the items open in the reconciliation.
- Analytical review of Revenue accounts and month on month variance account analysis.
- Good governance of Policy admin system (i.e. Life Asia and Group Asia) & Stakeholder management.
- Finding all the issues that occur while performing B.A.U. activities in Group Asia & Life Asia and highlighting the same to IT for resolution.
- Zero tolerance for revenue leakages.
- Managing stakeholders inclusive but not limited to - Sales Project Team, Operations, etc.
- Process Control, Documentation of SOPs & maintenance of timelines
- Maintaining proper SOPs for process control for Insurance Pay-outs, Reinsurance & Revenue Accounting.
- Ensuring effectiveness of RCMs for Insurance Pay-outs, Reinsurance & Revenue Accounting.
- Effective management of work within timelines
- Ad- hoc Reconciliation & Statutory & Regulatory Reporting:
- Facilitating and closure of ad-hoc reconciliation with Policy admin database, etc.
- Completion of Statutory Reports
- Completion of Regulatory Reports
- Managing Statutory & Internal Audit, IFC, IRDA and resolution of Audit queries:
- Providing required data to the auditors for conducting audit.
- Closure of all audit requirements.
- Resolution of audit queries.
- Facilitating in the automation of Revenue Activities.
- Automation of revenue month end activities.
- Automation of Post month end & B.A.U. Activities.





Required qualifications and experience

- Qualification: B com graduate / Post Graduate in finance & Accountancy
- Preferred Experience: 3/5+ years in Life Insurance industry with relevant experience in Revenue / Technical accounting
- Good at technical knowledge in SQL / Java / MS access language
- Good Communication skills and able to convince the counterpart within Finance and Operation team
- Excellent Analytical skills/ Logical Skills with eye for details
- Quick learner with an ability to work in high pressure setting with challenging deadlines.

Knowledge and skills desired

- Knowledge of Life Insurance process i.e. Premium, commission, claim cycle.
- Reasonable command on Power point- Must know built-up & formatting of PPTs

Key Responsibilities:

Key Responsibilities:

Roles & Responsibilities / KRA:

- Insurance Pay-outs, Reinsurance Pay-outs, Revenue Accounting & Reconciliation.
- Follow the process of BAU accounting, month-end & post month end activities in Revenue Accounting, Insurance Pay-outs, Reinsurance Accounting Pay-outs and reporting, Unclaimed reporting and Reconciliations.
- Ensure timely month end book closure by ensuring all the accounting entries are closed over month end.
- There should not be any recon open items more than 90 days & items above 90 days to be closed.
- There should be proper analysis and reasoning for the items open in the reconciliation.
- Analytical review of Revenue accounts and month on month variance account analysis.
- Good governance of Policy admin system (i.e. Life Asia and Group Asia) & Stakeholder management.




- Finding all the issues that occur while performing B.A.U. activities in Group Asia & Life Asia and highlighting the same to IT for resolution.
- Zero tolerance for revenue leakages.
- Managing stakeholders inclusive but not limited to - Sales Project Team, Operations, etc.
- Process Control, Documentation of SOPs & maintenance of timelines
- Maintaining proper SOPs for process control for Insurance Pay-outs, Reinsurance & Revenue Accounting.
- Ensuring effectiveness of RCMs for Insurance Pay-outs, Reinsurance & Revenue Accounting.
- Effective management of work within timelines
- Ad- hoc Reconciliation & Statutory & Regulatory Reporting:
- Facilitating and closure of ad-hoc reconciliation with Policy admin database, etc.
- Completion of Statutory Reports
- Completion of Regulatory Reports
- Managing Statutory & Internal Audit, IFC, IRDA and resolution of Audit queries:
- Providing required data to the auditors for conducting audit.
- Closure of all audit requirements.
- Resolution of audit queries.
- Facilitating in the automation of Revenue Activities.
- Automation of revenue month end activities.
- Automation of Post month end & B.A.U. Activities.

Required qualifications and experience

- Qualification: B com graduate / Post Graduate in finance & Accountancy
- Preferred Experience: 3/5+ years in Life Insurance industry with relevant experience in Revenue / Technical accounting
- Good at technical knowledge in SQL / Java / MS access language
- Good Communication skills and able to convince the counterpart within Finance and Operation team
- Excellent Analytical skills/ Logical Skills with eye for details
- Quick learner with an ability to work in high pressure environment with challenging deadlines.

Knowledge and skills desired

- Knowledge of Life Insurance process i.e. Premium, commission, claim cycle.
- Reasonable command on Power point- Must know built-up & formatting of PPTs

📌 FIN - Deputy Manager - Accounting (Mumbai)
🏢 PNB Metlife
📍 Mumbai