Finance Tester insurance

2 weeks ago

Rajahmundry, Andhra Pradesh, India AInsurCo Full time

Company Description

AInsurCo is a specialist insurance consulting and technology firm that supports global insurers, reinsurers, MGAs, and Lloyd's syndicates in unlocking value through actuarial expertise, underwriting transformation, and data-driven innovation. Our tailored solutions span actuarial services, underwriting and claims transformation, technology advisory and implementation, and change and programme management. We combine deep domain knowledge with modern technology to meet clients' needs and scale with them. Operating globally, we offer a hybrid delivery model with a focus on quality, impact, and client success.

Role Description

We are looking for Finance Testers with strong experience in insurance finance systems and cash management to support a large-scale transformation programme. The role will focus on validating end-to-end financial processes, with a strong emphasis on penny testing, subledger reconciliation, and cash lifecycle testing (bank statement matching, AR/AP, treasury payments).

You will work closely with Finance, Actuarial, and Technology teams to ensure the integrity of financial data and compliance with industry standards throughout the programme.

Key responsibilties

  • Develop and execute test cases for insurance-specific finance processes, including penny testing (validating transactions down to the pence/cent level), subledger and GL reconciliation (verifying postings from policy admin, claims, and reinsurance systems), bank statement matching (ensuring correct cash allocation to policies, claims, and premiums), and treasury payments (testing outward payments, credit control, and cash application).
  • Test integrations between policy administration systems, claims systems, and the finance subledger to ensure end-to-end process accuracy.
  • Validate IFRS/UK GAAP postings and confirm accounting rules are correctly applied for premiums, claims, and reinsurance.
  • Perform data validation for high-volume insurance transactions and ensure data integrity across multiple source systems, including actuarial and exposure management inputs.
  • Log, track, and retest defects in JIRA (or similar tool), collaborating with IT and finance teams to resolve issues quickly and provide detailed defect evidence and impact assessment.
  • Support business users during UAT by providing guidance, preparing test evidence, and facilitating issue resolution.
  • Communicate test progress, risks, and issues effectively to project managers, business stakeholders, and leadership teams.

Essential:

  • 3+ years' experience in finance/ERP testing within the insurance or financial services sector.
  • Hands-on experience with penny testing, reconciliations, and cash management workflows.
  • Good understanding of insurance finance flows: premiums, claims, reinsurance, and bordereaux processing.
  • Knowledge of subledger posting logic, chart of accounts, and financial controls.
  • Strong Excel skills for reconciliation and data validation.

Preferred:

  • Experience with Workday Financials, SAP, Oracle Financials, or other insurance finance platforms.
  • Familiarity with policy administration systems and claims systems (e.g., Guidewire, Sapiens).
  • ISTQB or similar testing certification.

Qualifications

  • Bachelor's degree in Finance, Accounting, or IT (or equivalent experience).
  • Strong communication and stakeholder management skills, with the ability to bridge the gap between finance and IT teams.

  • Insurance Finance Testing Specialist

    2 weeks ago

    Rajahmundry, Andhra Pradesh, India beBeeFinance Full time ₹ 60,00,000 - ₹ 1,20,00,000

    Job Title:Insurance Finance Testing Specialist">A highly skilled Insurance Finance Testing Specialist is required to support a large-scale transformation programme. The ideal candidate will have strong experience in insurance finance systems and cash management, with a focus on validating end-to-end financial processes.Develop and execute test cases for...

  • Senior Financial Analyst Tester

    2 weeks ago

    Rajahmundry, Andhra Pradesh, India beBeeFinancialAnalyst Full time ₹ 12,00,000 - ₹ 20,00,000

    Job Summary:We are seeking a skilled Senior Financial Analyst Tester to join our organization. As a key member of our team, you will be responsible for testing and validating SAP Finance modules.Key Responsibilities:Test and validate SAP Finance modulesDevelop and maintain test cases for User stories or requirementsCollaborate with cross-functional teams to...

  • Senior Finance Testing Professional

    7 days ago

    Rajahmundry, Andhra Pradesh, India beBeeFinance Full time ₹ 60,00,000 - ₹ 1,50,00,000

    Financial Data Accuracy SpecialistJob Description:We are seeking a highly skilled and experienced Finance Tester to join our team. As a finance testing specialist, you will play a critical role in ensuring the accuracy and reliability of financial data.5-7 years of experience in SAP finance testing is required.You must have advanced experience writing test...

  • Short-Term Product Tester

    1 week ago

    Rajahmundry, Andhra Pradesh, India beBeeBeta Full time ₹ 5,00,000 - ₹ 10,00,000

    About the Beta Testing OpportunityRenewlyAI is a personal finance app designed to help users manage and cancel wasteful subscriptions. Our features include:SmartSave AI for personalized saving recommendationsCancel Concierge to automate unwanted subscription cancellation$RAI Rewards to earn while savingWe are launching a short-term beta testing program to...

  • Warehouse Management System Tester

    1 week ago

    Rajahmundry, Andhra Pradesh, India beBeeWarehouse Full time ₹ 8,64,000 - ₹ 16,20,000

    We are seeking a skilled and detail-oriented WMS professional with hands-on experience in warehouse management system testing. The ideal candidate will possess deep functional knowledge of inbound and outbound modules, and demonstrate expertise in both manual testing and test case creation.Key ResponsibilitiesExecute comprehensive testing of warehouse...

  • Finance Executive

    2 weeks ago

    Rajahmundry, Andhra Pradesh, India Silq Full time

    About Silq:At Silq, we aim to build the largest sustainable global shipping network with a 40% gross margin, leveraging people, data, and technology. Our technology simplifies shipping by allowing customers to create custom workflows and is enhanced by real-time factory information from our team. This combination minimizes exceptions, improves shipment...

  • Lead Software Quality Assurance Professional

    1 week ago

    Rajahmundry, Andhra Pradesh, India beBeeSoftwareQuality Full time ₹ 90,00,000 - ₹ 1,30,00,000

    Software Quality Assurance TesterWe are seeking an experienced Software Quality Assurance (SQA) tester to ensure the quality of our software solutions.Conduct thorough reviews and analyses of system specifications to extract test requirements and create detailed test cases.Develop, document, and maintain a repository of functional test cases and...

  • Stock Incharge

    2 weeks ago

    Rajahmundry, Andhra Pradesh, India MCV VEHICLE FINANCE Full time

    Safety and security Monitoring and controlling safety and security concerns and ensuring staff adhere to safety standards Planning and assigning work Planning and assigning work schedules tasks and resources for the yard staff Quality assurance Overseeing staff activities to ensure the quality of service is being rendered Reporting Preparing ...

  • Sales Professional

    1 week ago

    Rajahmundry, Andhra Pradesh, India beBeeInsuranceSpecialist Full time ₹ 5,00,000 - ₹ 10,00,000

    We are seeking a seasoned Sales Professional to join our team as an Insurance Specialist. The ideal candidate will have excellent communication skills and the ability to drive sales growth through strategic relationships.As an Insurance Specialist, you will be responsible for selling insurance products to clients and ensuring compliance with regulatory...

  • Senior Quality Assurance Specialist

    2 weeks ago

    Rajahmundry, Andhra Pradesh, India beBeeQuality Assurance Full time ₹ 15,00,000 - ₹ 25,00,000

    Job Role SummaryA key member of our quality assurance team, you will play a pivotal role in ensuring the highest standards of quality are met.Main Responsibilities:You will be responsible for implementing quality assurance best practices and understanding software requirements.Prepare test plans with the lead/manager, test scenarios, test cases, and test...