Reinsurance Accounting

Band B2 – Reinsurance Accounting

Short Description for External Candidates

Looking for candidates having knowledge of US GAAP, Balance sheet reconciliation and Journal entries in system. Good excel skills have knowledge on pivot, H Look, V Look up, Copilot.

Description for External Candidates

• Prepare financial and management reporting
• Perform Regulatory reporting such Schedule P, Schedule F etc
• Review ceded premium and loss results from the reinsurance system
• Manage review of reinsurance payments to the brokers/reinsurers
• Review claims billings
• Perform accounting transactions, manual journals
• Perform GL Reconciliation

 

Technical Skills : 

• Good knowledge of ceded reinsurance 
• Sound analytical skill
• MS Excel and other office tools
• Have an understanding of US GAAP

Qualifications for External Candidates

• Bachelor’s degree or Post Graduate in Accounting, MBA (Finance)
• Insurance/Reinsurance certifications preferred