Job Description
WTW
3.6
3.6 out of 5 stars
Mumbai, Maharashtra
WTW
Mumbai, Maharashtra
Job details
Here’s how the job details align with your profile.
Job type
Full-time
Location
Mumbai, Maharashtra
Full job description
Description
About the team:
Captives Insurance Management Solution (CIMS) is a risk management technique by which a business forms its own insurance company subsidiary to finance its retained losses in a formal structure. The activities of this unit include Accounting, Underwriting, preparation of regular Management and Regulatory reports and financial statements.
Job Summary:
The job entails servicing responsibility for a portfolio of captive insurance clients and the provision of technical insurance support across the team. There is also the opportunity to get involved in our captive consulting and new business activity.
This role requires a qualified accountant to be part of the Captives Insurance Management Solution India team to prepare Management Accounting, preparation of regular Management and Regulatory reports and financial statements. The team supports 11 geographies across North America, Europe and Asia Pacific region.
Primary responsibilities include:
Preparation of financial statements as well as client financial and management accounting.
Managing and overseeing regulatory and compliance issues.
Preparation of Board Packs and client benchmarking analysis.
Reviewing new client's business operations and working with the team that implements solutions.
Responding to and following up on queries by the captive accountholders.
Maintenance and development of various management information reports
Key activities in the job include:
Preparation of Trial Balance, Income statement and Balance Sheet for Captive Insurance clients
Planning and carrying out different accounting and financial activities like budgeting, forecasting, investment reconciliations, cash flow statement & bank account reconciliation
Update notes to accounts, if and when required
Calculating the unearned / un-expensed reinsurance reserve
Calculating the Allocated Investment Income
Posting journals, preparing reconciliation and reviewing balances
Preparing management, statutory and regulatory reports
Monitoring the shareholder/Inter-company loans - as per the respective state laws
Monitor and report on activities and provide relevant management information
Be system proficient with hands on experience on Microsoft Office applications
Liaise and attend meetings along with other company functions necessary to perform duties and organizational development.
Top 5 Competencies
Managing Stakeholders
Adjusting to change
Structuring Task
Presentation skills
Investigating Issues & Evaluating Problems
Qualifications
Qualified Chartered Accountant
Good communication skills
Self-driven, results-oriented with a positive outlook and a clear focus on high quality
Advanced spreadsheet skills (Microsoft Excel)
A forward planner who can critically assess his / her own performance
Mature, credible and comfortable in dealing with senior company executives
Emphatic communicator, ability to see things from the other person's point of view
Sufficiently mobile and flexible to travel to the United States of America, United Kingdom or other domicile locations
Keen for new experience, responsibility, accountability and professional development
Able to get on with others; be a team-player
The Application Process
Stage 1: Online application and recruiter review
Stage 2: Pre-recorded video interview
Stage 3: Live video or in person interview with hiring manager and team
Stage 4: Offer and onboarding
We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidatehelpdesk@
3.6
3.6 out of 5 stars
Mumbai, Maharashtra
WTW
Mumbai, Maharashtra
Job details
Here’s how the job details align with your profile.
Job type
Full-time
Location
Mumbai, Maharashtra
Full job description
Description
About the team:
Captives Insurance Management Solution (CIMS) is a risk management technique by which a business forms its own insurance company subsidiary to finance its retained losses in a formal structure. The activities of this unit include Accounting, Underwriting, preparation of regular Management and Regulatory reports and financial statements.
Job Summary:
The job entails servicing responsibility for a portfolio of captive insurance clients and the provision of technical insurance support across the team. There is also the opportunity to get involved in our captive consulting and new business activity.
This role requires a qualified accountant to be part of the Captives Insurance Management Solution India team to prepare Management Accounting, preparation of regular Management and Regulatory reports and financial statements. The team supports 11 geographies across North America, Europe and Asia Pacific region.
Primary responsibilities include:
Preparation of financial statements as well as client financial and management accounting.
Managing and overseeing regulatory and compliance issues.
Preparation of Board Packs and client benchmarking analysis.
Reviewing new client's business operations and working with the team that implements solutions.
Responding to and following up on queries by the captive accountholders.
Maintenance and development of various management information reports
Key activities in the job include:
Preparation of Trial Balance, Income statement and Balance Sheet for Captive Insurance clients
Planning and carrying out different accounting and financial activities like budgeting, forecasting, investment reconciliations, cash flow statement & bank account reconciliation
Update notes to accounts, if and when required
Calculating the unearned / un-expensed reinsurance reserve
Calculating the Allocated Investment Income
Posting journals, preparing reconciliation and reviewing balances
Preparing management, statutory and regulatory reports
Monitoring the shareholder/Inter-company loans - as per the respective state laws
Monitor and report on activities and provide relevant management information
Be system proficient with hands on experience on Microsoft Office applications
Liaise and attend meetings along with other company functions necessary to perform duties and organizational development.
Top 5 Competencies
Managing Stakeholders
Adjusting to change
Structuring Task
Presentation skills
Investigating Issues & Evaluating Problems
Qualifications
Qualified Chartered Accountant
Good communication skills
Self-driven, results-oriented with a positive outlook and a clear focus on high quality
Advanced spreadsheet skills (Microsoft Excel)
A forward planner who can critically assess his / her own performance
Mature, credible and comfortable in dealing with senior company executives
Emphatic communicator, ability to see things from the other person's point of view
Sufficiently mobile and flexible to travel to the United States of America, United Kingdom or other domicile locations
Keen for new experience, responsibility, accountability and professional development
Able to get on with others; be a team-player
The Application Process
Stage 1: Online application and recruiter review
Stage 2: Pre-recorded video interview
Stage 3: Live video or in person interview with hiring manager and team
Stage 4: Offer and onboarding
We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidatehelpdesk@
💡 Quick Summary
Seeking a career-building opportunity? The Core Accounting - Senior Advisor 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.
