A2_Reinsurance_APAC

Company : Exl

Job Type : Full Time

Noida, India

Job Description - A2_Reinsurance_APAC

Description

Perform end-to-end reinsurance accounting activities for treaty and facultative business, ensuring accurate and timely financial reporting.

Prepare, review, and post reinsurance accounting entries, including premiums, claims, commissions, recoverables, and settlements.

Reconcile reinsurance accounts, including ceded and assumed balances, reinsurance receivables/payables, and intercompany transactions.

Prepare monthly, quarterly, and year-end account reconciliations, resolve outstanding items, and ensure compliance with close timelines.

Manage reinsurance cash settlements and coordinate with brokers, ceding companies, and internal stakeholders to resolve discrepancies.

Support reporting related to reinsurance balances, reserves, recoverables, IBNR, DAC, unearned premium, and other insurance accounting requirements.

Responsibilities

Perform end-to-end reinsurance accounting activities for treaty and facultative business, ensuring accurate and timely financial reporting.

Prepare, review, and post reinsurance accounting entries, including premiums, claims, commissions, recoverables, and settlements.

Reconcile reinsurance accounts, including ceded and assumed balances, reinsurance receivables/payables, and intercompany transactions.

Prepare monthly, quarterly, and year-end account reconciliations, resolve outstanding items, and ensure compliance with close timelines.

Manage reinsurance cash settlements and coordinate with brokers, ceding companies, and internal stakeholders to resolve discrepancies.

Support reporting related to reinsurance balances, reserves, recoverables, IBNR, DAC, unearned premium, and other insurance accounting requirements.

Qualifications

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

CA/CPA/ACCA/CMA qualification or progress toward certification is preferred.

1.5–4 years of experience in Reinsurance Accounting, Insurance Accounting, or Record to Report (R2R) within the insurance industry.

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A2_Reinsurance_APAC

Job Description - A2_Reinsurance_APAC

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