Specialist - Account Management

Marsh McLennan; Mumbai City; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Marsh McLennan in Mumbai/Pune is seeking a Specialist – Account Management Captives (C1) to lead the end-to-end accounting and regulatory reporting. You will mentor junior team members, ensure timely filings, and drive improvements in the Captives Accounting process.

The role requires 2–3 years in accounts prep/finalization, with captive insurance knowledge and GCMS experience. Strong communication and adaptability in a dynamic environment are essential.

Qualifications

• 2-3 years of experience in preparation and finalization of accounts.
• Knowledge of captive insurance accounting and related regulatory needs.
• Experience with GCMS and service tracking.
• Ability to migrate legacy accounts to the Captives Accounting platform.

Responsibilities

• Take end to end responsibility for delivery and review of analysts’ work.
• Move all legacy accounts to the new Captives Accounting platform (GCMS).
• Handle additional clients within the existing bandwidth.
• Prepare and present financial statements for Board Meetings.

Skills

Captive Insurance knowledge

GCMS knowledge

NAIC/VAR filing

Board Pack preparation

Accounting principles

Education

Chartered Accountant or relevant accounting degree / CA Inter

Diploma in IFRS

Tools

GCMS

VAR (Vermont Annual Return)

Job description

Company:

Marsh

Description:

Marsh is pleased to announce an opening for the position of Specialist – Account Management Captives (C1) for Mumbai/Pune location.

Specialist - Account Management Captives (C1)

What can you expect?

• Preparation, review and finalization of accounts, HMRC returns, NAIC returns, BMA statutory filing for relevant, timely and accurate reporting of financial information to stakeholders
• Mentor and develop technical skills of the new hires in the team
• Provide inputs to the Manager for specific training needs of the team members
• Conduct regular refreshers to bridge the knowledge gap and also update the team on recent changes in the policies / procedures and devise ways to ensure retention of information by the team members

We will count on you for:

• Take end to end responsibility of delivery and review of the work done by the analysts and the junior team members.
• Take accountability of moving all the legacy accounts in the new Captives Accounting platform (GCMS)
• Take on additional clients within the existing bandwidth.

Note: Applicants should be flexible working in 12 PM - 9 PM & 1 PM – 10 PM IST shift – Mumbai

Applicants should be flexible working in 12:30 PM – 9:30 PM - Pune

What you need to have:

• Captive Insurance knowledge
• GCMs and Service Tracking knowledge
• Vermont Annual Return (VAR)
• Preparation of Board Pack for Board Meeting
• Prepare Premium Tax Return
• TRIA data Filing
• Prepare NAIC Filing
• Board Meeting- Present Financial statements in the Meeting
• Experience in dealing with US, Isle of Man, Guernsey, Dublin, Singapore regulations for client domiciled in these regions
• 2-3 years of experience in preparation and finalization of accounts.
• Sound knowledge of accounting principles and practices
• Prior experience in working in Captives Accounting
• Production and Reviewer role (Review of Financials)
• Experience in Audit and Regulatory (respective Domicile) Activities.
• Has basic knowledge in integrating new clients to accounting system

Education:

• Chartered Accountant or relevant accounting degree / Preferred - CA Inter

What makes you stand out?

• Diploma in IFRS
• Prior working experience in Insurance Sector
• Positive attitude and ability to adapt to an ever-changing environment
• An aptitude towards systems and technology
• Must be able to multi-task, to work under pressure and meet tight deadlines
• Able to work independently or with a team
• Ability to multi-task and prioritize time effectively

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

About MARSH: Marsh (NYSE: MRSH) is the world’s leading professional services firm in the areas of risk, strategy, and people. The Company’s 85,000 colleagues advise clients in 130 countries. With annual revenue of over $20 billion, Marsh helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.