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GreenTree Advisory Services Pvt. Ltd.
Manager - R2R - Insurance Accounting
GreenTree Advisory Services Pvt. Ltd. · posted 3 months ago
Noidana
About the role
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
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:.
- 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.