Insurance Financial Systems Specialist

21 hours ago

Vijayawada, Andhra Pradesh, India beBeeFinance Full time ₹ 80,00,000 - ₹ 1,20,00,000
Finance Tester Position

A highly respected insurance consulting and technology firm is seeking a skilled Finance Tester to support a large-scale transformation program.

The ideal candidate will have strong experience in insurance finance systems and cash management processes.

Key Responsibilities:
  • Develop and execute test cases for insurance-specific finance processes, including penny testing, subledger reconciliation, and cash lifecycle testing.
  • 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 transactions.
  • Perform data validation for high-volume insurance transactions and ensure data integrity across multiple source systems.
  • 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.
Required Skills and Qualifications:
  • 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.

We offer a competitive salary and benefits package, as well as opportunities for professional growth and development.

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