Senior Accountant

Eclaro Business Solutions Incorporated; India; On-site; INR 800,000 - 1,500,000; Full time

Job summary

Hammerjack Pty Ltd in India is seeking a Reinsurance Accountant to support monthly and quarterly ceded reinsurance results for internal and external reporting. You will prepare and review detailed journal entries and reconciliations, and assist with regulatory Schedule F exhibits for NAIC filings.

You will oversee treaty, FAC and proportional calculations, entries, billing, and disbursements, and manage ceded payables and recoverables including profit and sliding scale commissions.

Responsibilities

• Assist with monthly and quarterly ceded reinsurance results and analyses for internal and external reporting.
• Preparation and review of detailed journal entries and account reconciliations.
• Prepare quarterly and annual Schedule F exhibits for the Company's NAIC as well any additional regulatory filings.
• Oversee treaty, FAC, and proportional calculations, entries, billing, receipts, and disbursements.
• Manage the calculation, booking, billing, and collection of all ceded payable and recoverable including profit and sliding scale commissions.
• Lead and support ad hoc reporting and special projects.
• Assist in the ongoing implementation of a new ceded system.
• Drive continuous improvement in the reinsurance accounting cycle to improve close cycles, controls, and understanding.
• Maintain a strong control environment and associated documentation.

Job description

Responsibilities & Accountabilities:

• Assist with monthly and quarterly ceded reinsurance results and analyses for internal and external reporting.
• Preparation and review of detailed journal entries and account reconciliations.
• Prepare quarterly and annual Schedule F exhibits for the Company's NAIC as well any additional regulatory filings.
• Oversee treaty, FAC, and proportional calculations, entries, billing, receipts, and disbursements.
• Manage the calculation, booking, billing, and collection of all ceded payable and recoverable including profit and sliding scale commissions.
• Lead and support ad hoc reporting and special projects.
• Assist in the ongoing implementation of a new ceded system.
• Drive continuous improvement in the reinsurance accounting cycle to improve close cycles, controls, and understanding.
• Maintain a strong control environment and associated documentation.