Senior Reinsurance Accountant | Mumbai, IN

💰 ₹28,800 - ₹46,080 (Est.) 📍 Mumbai

Job Description

Piramal Group


Senior Executive - Accounts Payable | Mumbai, IN
Piramal Group • Mumbai, Maharashtra • via EFinancialCareers
18 hours ago
Full–time
Apply directly on EFinancialCareers
Job description
Senior Executive - Accounts Payable

Job Description

Business: Piramal Pharma Limited

Department: Accounts Payable

Location: Mumbai

Travel: Low

Job Overview:

Key Internal Stakeholders: All internal Staff, Projects team

Key External Stakeholders: Contractors, Vendors, External Consultants

Responsibilities

Key Responsibilities:

• Ensure that bills are processed as per SOP with accurate acc...
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Hannover Re


Senior Reinsurance Accountant | Mumbai, IN
Hannover Re • Mumbai, Maharashtra • via EFinancialCareers
18 hours ago
Full–time
Apply directly on EFinancialCareers
Job description
Senior Reinsurance Accountant

Now Hiring: Head of Technical Finance
Join our leadership team and drive technical accounting excellence.

You can look forward to
• Operational responsibility to handle Life & Non-Life (P&C) portfolio.
• Treaty maintenance, which includes having understanding of treaty/facultative agreement and re-insurance accounting.
• Ensuring timely, accurate and quality assured processing of client data on SAP systems. Capturing and validating client data to support internal requirement for closing and reserving activities.
• Understanding of unearned premium reserves, quarterly analysis of unearned premium reserves (UPR) as per IFRS 4 and local Indian GAAP.
• Monitoring of cash matching and outstanding debtor balance.
• Preparation of annual IRDAI IBNR forms and assisting actuarial valuation team by providing regular reports and inputs which are used for portfolio monitoring, actuarial assumption settings and monitoring emergence of new business value.
• Ensuring timely claims booking and claims payments as per internal policies.
• Work closely with underwriting team on Forecast & Estimation and provide up to date information on accounts received and gap between expected premium vs actuals received which will help in making accurate decision on business figures.
• Responsible for monitoring quality of controls and managing processes such as Premium validation, Profit commission, sliding scale commission and generate data analytical requests.
• Quarterly analysis of Ultimate Loss Ratio (ULR) for reserving activity in coordination with underwriters.
• SAP experience for the following modules:
- SAP Reinsurance Ledger Module (FS-RI)
- SAP collection and disbursement (FS-CD)
• Supporting Home office with Life Business.
• Ensuring timely indirect tax reconciliation with primary insurance companies and brokers.
• To enhance process efficiency and team's technical skills and help them achieve their objectives.

You come equipped with
• Good knowledge of Advanced Microsoft Office (outlook, word, excel & Power BI).
• Experience in SAP.
• Maintain high level of confidentiality.
• Qualification: - CA, Degree in Accounting
• Team player
• Innovation expected in daily duties
• Minimum 10 years of experience in the field of technical accounting and data analytics in insurance / reinsurance sector.

If you are passionate about technical accounting excellence and leadership, we encourage you to apply.

💡 Quick Summary

Seeking a career-building opportunity? The Senior Reinsurance Accountant | Mumbai, IN 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.

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Job Details

Company Name: Hannover Re

Frequently Asked Questions

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The expected salary for Senior Reinsurance Accountant | Mumbai, IN in Mumbai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Senior Reinsurance Accountant | Mumbai, IN 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 Senior Reinsurance Accountant | Mumbai, IN. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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