- Robust knowledge of Reinsurance Accounting & well versed in SAP & Excel
- Experience in month end closing, preferably from General Insurance Accounts / Finance team
Primary Responsibilities
- Monthly reconciliation of Reinsurance Premium, Reinsurance Commission between accounting system and core system
- Preparation of Balance Schedules such as RI Payable Schedule, FAC Inward Schedule, FAC outward Schedule
- Coordination with RI on a regular basis for RI settlement documents such as Tax documents, GST invoices, Debit notes etc.
- Preparation of GST invoices and Debit notes for FAC Inward cases
- Reconciliation and Settlement of SOA between Finance records and Reinsurance team records basis various reinsurer / brokers statements.
- Assisting in month end activities such as Long-Term Advance Premium accounting, outstanding claims and various other entries.
- Supporting other stakeholders such as Analytical, Reinsurance & Actuarial teams with various MIS.