About Voya:

Voya India (earlier VFISLK) started out as a joint venture between U.S. financial services company Voya Financial and SLK, a software services company and is head quartered at Bangalore. As of Aug 2023, we are a wholly owned subsidiary of Voya Financial. We are a dynamic technology & business process transformation company that provides world-class technology & business process management services, with an emphasis on quality, speed & optimization driven through automation.

We support and deliver innovative solutions to Voya’s Retirement, Employee Benefits, and Investment Management businesses.

More information about us is available at: https://www.voyaindia.co

Role Summary

A detail-oriented insurance or accounting operations professional with strong Oracle, advanced Excel, and VBA macro expertise. Candidates with solid accounting and automation skills, basic insurance or reinsurance knowledge, and a robust willingness to learn the business may also be considered.

Roles & Responsibility:

Prepare and review reinsurance accruals, settlements, reconciliations, journal entries, wire-support files, and financial reports.

Support Group Reinsurance activities involving premiums, claims, commissions, experience refunds, suspense items, investment income, and other assigned transactions.

Assist with monthly, quarterly, and annual accounting activities across Life, STD, LTD, Employer Stop Loss, Health Solutions, EB and discontinued insurance books.

Extract, validate, and reconcile data from Oracle, Excel workbooks, source systems, and supporting reports.

Prepare Oracle journal-entry upload templates and investigate rejected or failed entries.





Perform GAAP and STAT accounting-related activities, where applicable.

Develop and maintain Excel VBA macros to automate data cleansing, formatting, consolidation, reconciliation, journal-entry preparation, and report generation.

Troubleshoot Excel formulas, macros, file links, PivotTables, and large datasets.

Perform variance analysis, prior-period comparisons, and exception investigations.

Ensure adherence to maker-checker controls, business deadlines, audit requirements, and documentation standards.

Maintain SOPs, process flows, control checklists, and training materials.

Participate in process transitions, cross-training, Kaizen, and continuous-improvement initiatives.

Explore opportunities to use Power Query, Power BI, Office Scripts, and Copilot for further process automation.

Desired Experience and Skillset:

Bachelor’s degree in accounting, MBA-Finance, Commerce, Business Administration, Insurance, or a related discipline.

Relevant experience in insurance, reinsurance, finance, accounting operations, or shared services.

Basic knowledge of insurance and reinsurance concepts.

Excellent Command over English .

Understanding of accruals, settlements, journal entries, general ledger, reconciliations, and variance analysis.

Hands-on experience with Oracle or a comparable ERP/accounting system.

Advanced Microsoft Excel skills, including:

PivotTables

XLOOKUP or equivalent functions

SUMIFS and advanced formulas

Data validation

Large-data management

Education

Bachelor’s degree in accounting, MBA-Finance, Business Administration, Insurance, or related discipline.

Primary Skill:

GAAP Reporting

Secondary Skill:

Reinsurance

Location:

Bengaluru/Pune

📌 Senior Associate (India)
🏢 Voya Financial
📍 India