Insurance Finance Specialist

2 days ago


Bengaluru, Karnataka, India beBeeInsurance Full time ₹ 1,00,00,000 - ₹ 1,50,00,000
Job Title: Insurance Finance Specialist

Deliver exceptional financial services by leveraging expertise in insurance finance systems and cash management.

Key Responsibilities:
  • Develop and execute test cases for insurance-specific finance processes including penny testing, subledger and GL reconciliation, bank statement matching, and treasury payments.
  • 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.
Requirements:
  • 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.
Preferred Qualifications:
  • Experience with Workday Financials, SAP, Oracle Financials, or other insurance finance platforms.
  • Familiarity with policy administration systems and claims systems (e.g., Guidewire, Sapiens).


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