Technical Accountant

2 months ago


mumbai, India Munich Re Full time

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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