Technical Accounting & Reporting Analyst for Gandhinagar Gujarat in (Reinsurance company)

Technical Accounting & Reporting Analyst

1 Nos.
137909
Full Time
2.0 Year(s) To 5.0 Year(s)
Not Disclosed by Recruiter
IT Software- Systems / EDP / MIS
Banking/Financial Services
B.Com - Commerce
Job Description:


About the Role

We are seeking a detail-oriented Technical Accounting & Reporting Analyst to manage reinsurance accounting, reconciliations, reporting, and financial operations. The role involves working closely with underwriting, finance, insurers, brokers, and internal stakeholders to ensure accurate accounting, timely settlements, regulatory compliance, and efficient reporting for the branch.

Key Responsibilities

  • Manage day-to-day reinsurance accounting activities for Treaty and Facultative business.
  • Prepare and maintain reinsurance schedules based on monthly bookings, receipts, and payments.
  • Perform Statement of Account (SOA) reconciliations with booking registers on a quarterly basis.
  • Process treaty premium and GST payments within defined timelines.
  • Ensure accurate accounting of receipts and payments related to treaty and facultative business.
  • Prepare party-wise ageing reports, solvency reports, and Due From/Due To schedules.
  • Maintain broker-wise and reinsurer-wise records for bookings, payments, and recoveries.
  • Generate claims recovery advice and coordinate with insurers and brokers for timely claim recoveries.
  • Coordinate with underwriting, finance, insurers, brokers, and internal stakeholders for monthly premium, commission, and claims data.
  • Prepare bank reconciliations and MIS reports and resolve outstanding items through stakeholder coordination.
  • Coordinate with underwriting, finance, insurers, brokers, and internal stakeholders for monthly premium, commission, and claims data.
  • Prepare bank reconciliations and MIS reports and resolve outstanding items through stakeholder coordination.
  • Support statutory and internal audits by preparing required documentation and responding to audit queries.
  • Prepare and submit weekly, monthly, and quarterly reports covering Underwriting, Finance, and Operations activities for Head Office.
  • Identify opportunities to improve accounting, reporting, and operational processes while ensuring compliance with company policies and regulatory requirements.

 

Requirements

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

  • Experience in Finance & Accounts, preferably within General Insurance or Reinsurance.

  • Hands-on experience in:

    Reinsurance Accounting

    Treaty & Facultative Accounting

    SOA Reconciliation

    Bank Reconciliation

    MIS Reporting

    Settlements & Recoveries

    Party-wise Balance Reconciliation

    Ageing Analysis

    Financial Schedule Preparation

  • Strong knowledge of Microsoft Excel and MIS reporting.

  • Excellent written and verbal communication skills.

Job Details

  • Position: Operations & Reporting Analyst

  • Location: Gandhinagar, Gujarat

  • Working Days: Monday to Friday

  • Timings: 9:00 AM – 6:00 PM

  • Employment Type: Full-time, Permanent

Company Profile

Authorized by the ---A, it provides strategic property, casualty, and treaty --- solutions to major domestic and international insurance carriers

Apply Now

  • Interested candidates are requested to apply for this job.
  • Recruiters will evaluate your candidature and will get in touch with you.

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