- Minimum 3+ years of experience in Finance & Accounting (F&A;) operations.
- Hands-on experience in Record to Report (R2R), General Ledger (GL) Close, and Balance Sheet Reconciliation.
- Robust experience in Insurance Accounting and London Market Insurance financial processes.
- Advanced proficiency in MS Excel and finance-related applications.
- Good understanding of Lloyd’s of London work structure and insurance operations.
- Ability to manage teams, collaborate with clients, and provide business insights.
- Experience in driving process improvements and transformation initiatives.
- Strong knowledge of SLA/KPI management and client audit compliance.
- Experience in handling month-end, quarter-end, and year-end financial close activities.
Insurance Accounting Responsibilities:
- Record and manage premium income (Written, Earned,
Unearned Premium).
- Record and monitor claims expenses (Paid Claims, Case Reserves, IBNR).
- Process reinsurance transactions (Ceded Premiums, Recoverables).
- Ensure accurate Chart of Accounts (COA) mapping from source systems.
- Maintain and reconcile sub-ledgers with the General Ledger.
Period-End Close Activities:
- Perform month-end, quarter-end, and year-end close activities.
- Post accruals, deferrals, and adjustment journal entries.
- Review and validate trial balances and investigate variances.
- Ensure timely completion of close activities as per the close calendar.