Account Compliance

💰 ₹28,800 - ₹46,080 (Est.) 📍 Mumbai 🕐 Today

Job Description

Education - CA Fresher / CMA Fresher / MBA Fresher

CTC: 8 LPA FIXED AND 1 L JOINING BONUS

Job Description:
Re-Insurance function

Automation of Manual closing activities & RI payments

Monthly closure of books of accounts

To review & control over RI-Allocation (XOL premium, Facultative & XOL recovery)

Terrorism pool / Nuclear pool & fair NAT CAT pool settlement, accounting & tracking of balances

Monitoring of EEFC balances

Year-end clean of treaties & portfolio impact

Yearly closure of XOL premium, Minimum deposit premium & premium adjustment.

Closure of re-insurance recoveries in books of account.

Involvement in yearly re-insurance placement

Tracking of re-insurance performance / results

Preparation of treaties synopsis

Re-insurance business relationship - Treaty & Facultative (Inward / outward)

Strengthen Re-insurance recoveries

Monitor / Control over re-insurance payment

Re-insurance GST / TDS compliances include year-end GST input closure & TDS closure on provision basis

Control over RI Receivable / Payable Balances

Review of terms and condition of treaty & facultative

Auditor queries resolution, variance analysis & balance confirmation.

Control over regulatory reporting done by RI department

Monitor of RI profitability

Monitor re-insurance disallowances

Monitor of re-insurance regulatory compliances.

Tracking of RI-inward balances
• Job Types: Full-time, Fresher
• Salary: ₹70,000.00 - ₹750,000.00 per month

Schedule:

- Day shift
• Experience:

- total work: 4 years (preferred)

Work Location: In person

💡 Quick Summary

Seeking a career-building opportunity? The Account Compliance position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.

Sponsored

Job Details

Company Name: Serving Skill

Frequently Asked Questions

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The expected salary for Account Compliance in Mumbai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Account Compliance is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Account Compliance. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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