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    Technical Accountant - mumbai, India - Munich Re

    Munich Re
    Munich Re mumbai, India

    4 hours ago

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    Description

    Technical Accountant (P&C)

    This position performs reinsurance technical accounting administration and reporting activities in a timely and accurate manner. The position also participates in various projects involving automation, changes to current systems, implementation of new systems, and various process improvement initiatives.

    Key Responsibilities

  • Ensure that client accounts are processed timely and quality of processing reporting is ensured
  • Support quarterly assurance activities for Non-Life i.e. Property & Casualty (P&C) incl. analysis of client information (data) to ensure adequacy for appropriate account processing and reporting.
  • Ensure Key Performance Indicator targets in client accounting are met; E.g. Timely and accurate processing of all client statements, receipts and maintaining healthy client receivables/payables position
  • Support Treaty Maintenance activities for Non-Life / P&C
  • Support in local regulatory and governance reporting requirements; ensuring adequate explanations are provided for queries raised by internal or external stakeholders e.g. IRDAI
  • Lead/support key projects in the branch and/or regional CFO team e.g. projects to improve efficiency and quality of RI Administration process
  • Education & Experience

  • Chartered Accountant with 1 to 2 years of experience
  • Experience in General Insurance or Reinsurance Industry administration will be an advantage.
  • Past experience in audit or consulting (advantageous)
  • Intermediate/Advanced knowledge of insurance accounting;
  • Intermediate/Advanced proficiency in MS Excel and IT skills;
  • Competencies: 3-4 points

  • Good organisational skill
  • Goal oriented with ability to independently complete tasks with minimal oversight
  • Proficient communication and interpersonal skills
  • Critical thinking abilities
  • Effective problem solving

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