Account Compliance
6 months ago
**Education - CA Fresher / CMA Fresher / MBA Fresher**
CTC: 8 LPA FIXED AND 1 L JOINING BONUS
Job Description:
Re-Insurance function
Automation of Manual closing activities & RI payments
Monthly closure of books of accounts
To review & control over RI-Allocation (XOL premium, Facultative & XOL recovery)
Terrorism pool / Nuclear pool & fair NAT CAT pool settlement, accounting & tracking of balances
Monitoring of EEFC balances
Year-end clean of treaties & portfolio impact
Yearly closure of XOL premium, Minimum deposit premium & premium adjustment.
Closure of re-insurance recoveries in books of account.
Involvement in yearly re-insurance placement
Tracking of re-insurance performance / results
Preparation of treaties synopsis
Re-insurance business relationship - Treaty & Facultative (Inward / outward)
Strengthen Re-insurance recoveries
Monitor / Control over re-insurance payment
Re-insurance GST / TDS compliances include year-end GST input closure & TDS closure on provision basis
Control over RI Receivable / Payable Balances
Review of terms and condition of treaty & facultative
Auditor queries resolution, variance analysis & balance confirmation.
Control over regulatory reporting done by RI department
Monitor of RI profitability
Monitor re-insurance disallowances
Monitor of re-insurance regulatory compliances.
Tracking of RI-inward balances
**Job Types**: Full-time, Fresher
**Salary**: ₹70,000.00 - ₹750,000.00 per month
Schedule:
- Day shift
**Experience**:
- total work: 4 years (preferred)
Work Location: In person
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