Assistant manager / Manager - R2R & Insurance accounting

Job Summary:

The R2R plays a critical role in managing the financial activities  with all R2R Process with  reinsurance accounting. This position contributes to the integrity of financial reporting and ensures compliance with industry standards, impacting the overall efficiency of our operations at leading organizations such as Accenture and AXA XL.

Key Responsibilities:

• Manage Record to Report (RTR) processes, ensuring accuracy in financial statements related to insurance accounts.
• Oversee the management and reconciliation of premium receivables, incurred but not reported (IBNR), and claims payable.
• Conduct thorough audits of ceded reinsurance accounting to maintain compliance and accuracy.
• Collaborate with internal teams to prepare timely financial reports and provide insights into account status.
• Communicate effectively with stakeholders to resolve discrepancies and enhance financial operations.
• Act independently as an individual contributor, prioritizing tasks and managing workloads efficiently in a hybrid work environment.
• Ensure adherence to deadlines and maintain accurate records to support financial audits.

Requirements:

 

• Bachelor's degree in Commerce (B. Com) or a related field.
  R2R + Insurance Accounting experience 
• Must have exp in ceded DAC/premium receivable, /IBNR/ Claims payable .
• Proven experience in insurance accounting, particularly in Record to Report (RTR) processes.
• Strong knowledge of ceded reinsurance accounting and premium receivables management.
• Experience with incurred but not reported (IBNR) claims and claims payable.
• Excellent communication skills, both verbal and written.

• Ability to work independently and manage multiple priorities in a dynamic environment.

   

Preferred Qualifications:

• Experience working with leading companies in the insurance industry such as AIG, Xceedance, WNS, or Genpact.
• Advanced knowledge of accounting software and financial management tools.
• Professional certifications in accounting or finance, such as CPA or CFA, are a plus.
• Demonstrated ability to analyze financial data and provide actionable insights.