Unit Manager- Reinsurance Admin Support

Internationalinsuranceprofessionals; Dadri; On-site; INR 600,000 - 900,000; Full time

Job summary

MetLife India is seeking a finance professional to manage month-end close for the reinsurance group, ensuring all entries are posted accurately and governance is maintained. You will assist with monthly financial reporting, such as booking entries, setting up wire transfers, balance sheet certifications, and provide MIS analytics and audit tracking across Reinsurance, D&T, SOX and state exams.

Additionally, you will research reinsurer queries, prepare periodic reinsurance settlements, and

Responsibilities

• Month end close call to ensure all month end entries for reinsurance group has been posted.
• Assist with monthly financial reporting, such as booking accounting entries, setting up wire transfers in Kyriba and balance sheet certifications. Ensure overall governance and highlight/escalate potential issue
• Cater to STAT and GAAP requirement for reporting and analysis for reinsurance
• Document administration and financial reporting workflows and recommend improvements to these processes where appropriate
• Prepare internal MIS and analytics relating to reinsurance Inquiries highlighting resource utilization and turnaround time and provide tracking of audits (Reinsurance, D&T, SOX, and State exams).
• Perform research relating to queries raised by reinsurers, auditors, etc. and assist with preparing timely responses
• Prepare monthly reports summarizing experience under all reinsurance treaties for the current month/ YTD
• Prepare CMMI documentation for audit and knowledge about PPM and other internal reporting is required.
• Preparation of Management reports for internal review by Higher management.
• Prepare periodic reinsurance settlements by compiling data from the ledger, direct administration systems, the reinsurance data mart, valuations and various other internal sources

Job description

Description and Requirements

1. Month end close call to ensure all month end entries for reinsurance group has been posted.


2. Assist with monthly financial reporting, such as booking accounting entries, setting up wire transfers in Kyriba and balance sheet certifications. Ensure overall governance and highlight/escalate potential issue


3. Cater to STAT and GAAP requirement for reporting and analysis for reinsurance


4. Document administration and financial reporting workflows and recommend improvements to these processes where appropriate


5. Prepare internal MIS and analytics relating to reinsurance Inquiries highlighting resource utilization and turnaround time and provide tracking of audits (Reinsurance, D&T, SOX, and State exams).


6. Perform research relating to queries raised by reinsurers, auditors, etc. and assist with preparing timely responses


7. Prepare monthly reports summarizing experience under all reinsurance treaties for the current month/ YTD


8. Prepare CMMI documentation for audit and knowledge about PPM and other internal reporting is required.


9. Preparation of Management reports for internal review by Higher management.


10. Prepare periodic reinsurance settlements by compiling data from the ledger, direct administration systems, the reinsurance data mart, valuations and various other internal sources

About MetLife

Recognized on Fortune magazine's list of the \"World's Most Admired Companies\" and Fortune World's 25 Best Workplaces™, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.

As part of our New Frontier strategy, MetLife is building an AI-enabled, people-centered future. We're looking for people who bring curiosity, adaptability, and a growth mindset as we use AI to enhance how we serve customers, support communities, and evolve the way work gets done. At MetLife, AI is a responsible partner that supports human judgment, creativity, and continuous improvement while helping us build trust, inclusion, and long-term value.

Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!