Technical Accounting & Reporting Analyst

JobItUs; Gandhinagar; On-site; INR 700,000 - 900,000; Full time

Job summary

JobItUs is seeking a detail-oriented Operations & Reporting Analyst in Gandhinagar, Gujarat. You will manage reinsurance accounting, reconciliations, reporting, and financial operations across treaty and facultative business with close collaboration with underwriting and finance teams.

You will prepare schedules, perform SOA reconciliations, handle payments, and generate MIS reports while ensuring regulatory compliance and timely settlements. Strong Excel and communication skills are essential.

Qualifications

• Bachelor's or Master's degree in Commerce, Finance, Accounting or related discipline.
• Experience in Finance & Accounts, preferably in General Insurance or Reinsurance.
• Hands-on experience in reinsurance accounting, SOA reconciliation, MIS reporting and settlements.

Responsibilities

• Manage day-to-day reinsurance accounting for Treaty and Facultative business.
• Prepare reinsurance schedules based on bookings, receipts and payments.
• Perform SOA reconciliations with booking registers quarterly.
• Process treaty premium and GST payments within timelines.
• Coordinate monthly premium, commissions and claims data with stakeholders.
• Prepare bank reconciliations and MIS reports; support audits.

Skills

Reinsurance Accounting

Treaty & Facultative Accounting

SOA Reconciliation

Bank Reconciliation

MIS Reporting

Settlements & Recoveries

Ageing Analysis

Excel

Communication Skills

Education

Bachelor's or Master's degree in Commerce, Finance, Accounting

Tools

Microsoft Excel

Job description

About the Role

We are seeking a detail-oriented Technical Accounting & Reporting Analyst to manage reinsurance accounting, reconciliations, reporting, and financial operations. The role involves working closely with underwriting, finance, insurers, brokers, and internal stakeholders to ensure accurate accounting, timely settlements, regulatory compliance, and efficient reporting for the branch.

Key Responsibilities

• Manage day-to-day reinsurance accounting activities for Treaty and Facultative business.
• Prepare and maintain reinsurance schedules based on monthly bookings, receipts, and payments.
• Perform Statement of Account (SOA) reconciliations with booking registers on a quarterly basis.
• Process treaty premium and GST payments within defined timelines.
• Ensure accurate accounting of receipts and payments related to treaty and facultative business.
• Prepare party-wise ageing reports, solvency reports, and Due From/Due To schedules.
• Maintain broker-wise and reinsurer-wise records for bookings, payments, and recoveries.
• Generate claims recovery advice and coordinate with insurers and brokers for timely claim recoveries.
• Coordinate with underwriting, finance, insurers, brokers, and internal stakeholders for monthly premium, commission, and claims data.
• Prepare bank reconciliations and MIS reports and resolve outstanding items through stakeholder coordination.
• Coordinate with underwriting, finance, insurers, brokers, and internal stakeholders for monthly premium, commission, and claims data.
• Prepare bank reconciliations and MIS reports and resolve outstanding items through stakeholder coordination.
• Support statutory and internal audits by preparing required documentation and responding to audit queries.
• Prepare and submit weekly, monthly, and quarterly reports covering Underwriting, Finance, and Operations activities for Head Office.
• Identify opportunities to improve accounting, reporting, and operational processes while ensuring compliance with company policies and regulatory requirements.

Requirements

• Bachelor's or Master's degree in Commerce, Finance, Accounting, or a related discipline.

• Experience in Finance & Accounts, preferably within General Insurance or Reinsurance.

• Hands-on experience in:

  Reinsurance Accounting

  Treaty & Facultative Accounting

  SOA Reconciliation

  Bank Reconciliation

  MIS Reporting

  Settlements & Recoveries

  Party-wise Balance Reconciliation

  Ageing Analysis

  Financial Schedule Preparation

• Strong knowledge of Microsoft Excel and MIS reporting.

• Excellent written and verbal communication skills.

Job Details

• Position:Operations & Reporting Analyst

• Location:Gandhinagar, Gujarat

• Working Days:Monday to Friday

• Timings:9:00 AM – 6:00 PM

• Employment Type:Full-time, Permanent