Assistant Manager - Operations

MetLife; Dadri; On-site; INR 600,000 - 1,200,000; Full time

Job summary

MetLife in India seeks a Reinsurance Accounting Analyst to manage monthly accrual bookings for premiums, commissions, and claims, and to support month-end closes with timely, accurate entries. The role requires meticulous data handling and collaboration with finance to ensure ledger accuracy.

You will review reports, perform trend analyses, coordinate settlements, and ensure treaty data quality across multiple countries.

Responsibilities

• Execute monthly accrual bookings for premiums, commissions, and claims.
• Review and validate month-end reports; perform trend analysis and flag anomalies.
• Manage booking of reinsurance-related accounting entries and coordinate with the finance team for ledger closures.
• Prepare and reconcile monthly/quarterly/annual reinsurance statements.
• Manage settlement of reinsurance balances including wire transfers, clearing entries, and follow-ups.
• Ensure accuracy of treaty data for multiple countries and formats.
• Stakeholder & Query Management
• Resolve queries received from reinsurers, controllers, and internal stakeholders.
• Collaborate with local finance offices to ensure completeness of input data.
• Liaise with reinsurers for data clarifications, follow-ups, and settlement confirmations.
• Reporting & Audit Support
• Prepare quarterly and annual reports for internal and external stakeholders.
• Support internal and external audit requirements, including documentation and data validation.
• Ensure compliance with treaty terms and internal controls.
• Testing & Process Improvements
• Perform UAT (User Acceptance Testing) for new models, systems, and reporting templates.
• Validate changes in data templates or DB models (e.g., MS Access database) used in reinsurance calculations.
• Identify opportunities for automation, process improvement, and documentation updates.

Job description

• Execute monthly accrual bookings for premiums, commissions, and claims.
• Review and validate month-end reports; perform trend analysis and flag anomalies.
• Manage booking of reinsurance-related accounting entries and coordinate with the finance team for ledger closures.
• Prepare and reconcile monthly/quarterly/annual reinsurance statements.
• Manage settlement of reinsurance balances including wire transfers, clearing entries, and follow-ups.
• Ensure accuracy of treaty data for multiple countries and formats.
• Stakeholder & Query Management
• Resolve queries received from reinsurers, controllers, and internal stakeholders.
• Collaborate with local finance offices to ensure completeness of input data.
• Liaise with reinsurers for data clarifications, follow-ups, and settlement confirmations.
• Reporting & Audit Support
• Prepare quarterly and annual reports for internal and external stakeholders.
• Support internal and external audit requirements, including documentation and data validation.
• Ensure compliance with treaty terms and internal controls.
• Testing & Process Improvements
• Perform UAT (User Acceptance Testing) for new models, systems, and reporting templates.
• Validate changes in data templates or DB models (e.g., MS Access database) used in reinsurance calculations.
• Identify opportunities for automation, process improvement, and documentation updates.