Manager

Aditya Birla Insulators; Thane; On-site; INR 650,000 - 900,000; Full time

Job summary

Aditya Birla Insulators is seeking a Finance Professional to manage premium accounting, finalization, and reconciliation across multiple systems including Oracle Fusion. The role includes reviewing accruals, month-end close, and liability validation for claims and reinsurance settlements.

You will prepare balance sheet reconciliations, support regulatory reporting (IRDAI), and coordinate with actuarial, operations, compliance, tax, IT, and audit teams to drive accuracy and process improvements.

Qualifications

• Experience in premium accounting and month-end close processes.
• Familiarity with IRDAI reporting and statutory compliance.
• Ability to coordinate with actuarial, claims, operations, compliance, tax, IT and audit teams.

Responsibilities

• Perform premium accounting, premium finalization and reconciliation across source systems and Oracle Fusion.
• Review premium accruals, advance premium balances, and monthend accounting activities.
• Handle claims accounting including claim accruals, outstanding claims reconciliation and liability validation.
• Process and reconcile reinsurance premiums, claims recoveries and settlement balances.
• Prepare balance sheet reconciliations and monitor the ageing of policyholder-related accounts.
• Support unclaimed fund reconciliation, policy loan accounting, and statutory compliance activities.
• Prepare and validate IRDAI regulatory reports, management reports, and audit schedules.
• Coordinate with Actuarial, Claims, Operations, Compliance, Tax, IT and Audit teams.
• Identify process improvement and automation opportunities.

Skills

Premium accounting

Reconciliation

Month-end close

Cross-functional coordination

Automation opportunities

Tools

Oracle Fusion

Job description

Perform premium accounting, premium finalization and reconciliation across source systems and Oracle Fusion.

Review premium accruals, advance premium balances, and monthend accounting activities.

Handle claims accounting including claim accruals, outstanding claims reconciliation and liability validation.

Process and reconcile reinsurance premiums, claims recoveries and settlement balances.

Prepare balance sheet reconciliations and monitor the ageing of policyholderrelated accounts.

Support unclaimed fund reconciliation, policy loan accounting, and statutory compliance activities.

Prepare and validate IRDAI regulatory reports, management reports, and audit schedules.

Coordinate with Actuarial, Claims, Operations, Compliance, Tax, IT and Audit teams.

Identify process improvement and automation opportunities.