Reinsurance Technical Accounting Specialist

Internationalinsuranceprofessionals

Mumbai

On-site

INR 900,000 - 1,500,000

Full time

7 days ago
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Benefits offered by this job

Professional and inclusive work env
Flat management hierarchy
Competitive remuneration package with員

Job summary

General Re Corporation in Mumbai is seeking a highly organized Reinsurance Technical Accounting Specialist to manage P&C accounting transactions and ensure timely processing of statements of account.

You will work with underwriters, finance colleagues, cedents, brokers, and internal stakeholders to ensure accurate premium and claims accounting, while complying with regulatory and tax requirements.

Qualifications

  • Degree qualified in Accounting, Finance, Commerce, or related discipline.
  • 3-8 years of experience in reinsurance technical accounting, insurance operations, or financial accounting.
  • P&C reinsurance accounting experience preferred.
  • Knowledge of India GST/VAT requirements desirable.
  • Strong proficiency in Microsoft Excel and accounting or reinsurance administration systems.
  • Good command of English, spoken and written.
  • Excellent analytical, organizational, and reconciliation skills.

Responsibilities

  • Manage review and processing of P&C reinsurance premium and claims statements of account, ensuring completeness, accurate recording and compliance with contractual requirements.
  • Work closely with technical accounting team based in Cologne.
  • Reconcile account balances and investigate discrepancies with brokers, cedents, and internal stakeholders.
  • Monitor outstanding statements of account and proactively follow up with underwriters, brokers, and business unit leaders to identify and resolve late or missing accounts.
  • Prepare regular reports on outstanding accounts, processing backlogs, and reconciliations statistics.
  • Coordinate with underwriters to ensure timely booking of premium, commissions, claims, and other contractual adjustments.
  • Handle India GST/VAT and indirect tax matters related to reinsurance transactions with Finance and Tax teams.
  • Assist with internal and external audits by providing supporting documentation and explanations as required.
  • Ensure compliance with company accounting policies, internal controls, and regulatory requirements.
  • Contribute to regional and international projects and initiatives.

Skills

Microsoft Excel
Reinsurance accounting
Insurance operations
English language
Analytical skills
Attention to detail

Education

Accounting/Finance/Commerce degree

Job description

Shape Yor Ftre With s

General Re Corporation, a sbsidiary of Berkshire Hathaway Inc., is a holding company for global reinsrance and related operations, with more than , employees worldwide. It owns General Reinsrance Corporation and General Reinsrance AG, which condcts bsiness as Gen Re.

Gen Re delivers reinsrance soltions to the Life/Health and Property/Casalty insrance indstries. Represented in all major reinsrance markets throgh a network of 37 offices, we have earned sperior financial strength ratings from each of the major rating agencies. We vale diversity, eqality and inclsion and promote a cltre that spports professional and personal growth.

Yor Role

Or Property & Casalty (P&C) Reinsrance Operations team is seeking a highly organized and detail-oriented

Reinsrance Technical Acconting Specialist

to join or Mmbai office. In this role, yo will manage reinsrance acconting transactions, ensre the timely processing of statements of accont, maintain accrate financial records, and provide key spport to nderwriting teams across the Asia-Pacific region.

Yo will work closely with nderwriters, finance colleages, cedents, brokers, and internal bsiness stakeholders to ensre premim and claims transactions are processed accrately and on time, while maintaining compliance with applicable reglatory and tax reqirements.

Yor Key Responsibilities
  • Manage the review and processingof P&C reinsrance premim and claims statements of accont, ensringcompleteness, accrate recording and compliance with contractal reqirements
  • Work closely with technicalacconting team based in Cologne
  • Reconcile accont balances andinvestigate discrepancies with brokers, cedents, and internal stakeholders
  • Monitor otstanding statements ofaccont and proactively follow p with nderwriting teams, brokers, andbsiness nit leaders to identify and resolve late or missing acconts
  • Prepare reglar reports onotstanding acconts, processing backlogs, and reconciliations stats
  • Coordinate with nderwriting teamsto ensre timely booking of premim, commissions, claims, and other contractaladjstments
  • Handle India GST/VAT and indirecttax matters related to reinsrance transactions, working closely with theFinance and Tax teams to ensre reglatory compliance
  • Assist with internal and externaladits by providing spporting docmentation and explanations as reqired
  • Ensre compliance with companyacconting policies, internal controls, and reglatory reqirements
  • Contribte to regional andinternational projects and initiatives
Yor Profile
  • Degree qalified in Acconting,Finance, Commerce, Bsiness, or a related discipline
  • 3-8 years of experience inreinsrance technical acconting, insrance operations, or financial acconting
  • Property & Casalty (P&C)reinsrance acconting experience is strongly preferred
  • Familiarity with reinsranceacconting activities, inclding statements of accont, premim and claimsacconting, commissions, cash settlements, and reinsrance contractadministration
  • Knowledge of India GST/VATreqirements applicable to (re)insrance transactions is desirable
  • Strong proficiency in MicrosoftExcel, with experience sing acconting or reinsrance administration systems
  • Good command of English, bothspoken and written
  • Excellent analytical,organizational, and reconciliation skills with strong attention to detail
We offer a
  • highly professional and inclsive work environment that vales excellence, integrity, personal responsibility and the niqe talent of each employee
  • flat management hierarchy and team-based environment that promote collaboration and free-flowing commnication
  • market competitive remneration package commensrate with experience and qalifications, with a comprehensive site of employee benefits
Contact

Hman Resorces

Or Address

General Reinsrance AG India Branch

nits 15-18

B Wing Dynasty Bsiness Park

Andheri Krla Road

Andheri (East), Mmbai 4 59 (India)

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