Description
Key Responsibilities Premium Accounting
Record and reconcile ceded and assumed premiums.
Review treaty and facultative reinsurance transactions.
Process premium adjustments and bookings.

Claims Accounting
Book claim reserves and claim settlements.
Maintain reinsurance recoverable balances.
Monitor outstanding claims and recoveries.

Reinsurance Recoverables & Settlements
Calculate and reconcile reinsurance recoverables.
Prepare and issue statements to reinsurers.
Manage collections and payments with reinsurers.

Reporting
Prepare management and regulatory reports.
Support statutory and GAAP reporting requirements.
Monitor aging of recoverables and cash balances.

Responsibilities
Skills Required




Robust understanding of Insurance & Reinsurance Accounting.
Knowledge of:
Treaty Reinsurance
Facultative Reinsurance
Ceded & Assumed Business
Premium Accounting
Claims Accounting
IBNR, UPR, DAC
Reinsurance Recoverables
Advanced Excel skills.

Qualifications

Responsible for accounting, reconciliation, reporting, and analysis of reinsurance transactions including ceded and assumed business. Ensure accuracy of premium, claims, reserves, commissions, recoverables, and settlements while supporting month-end and year-end financial close activities.

📌 Lead Assistant Manager Noida (India)
🏢 EXL
📍 India