Senior Insurance Finance Test Specialist

3 days ago

Alwar, Rajasthan, India beBeeFinancialProcessTester Full time ₹ 40,00,000 - ₹ 80,00,000
Job Opportunity">

Overview:

Our team is seeking a seasoned Financial Process Tester to support a large-scale transformation program in the insurance sector. As a key member of our finance team, you will be responsible for validating end-to-end financial processes, with a strong emphasis on accuracy and attention to detail.

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Responsibilities:

  • Develop and execute test cases for insurance-specific finance processes, including penny testing, subledger 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.
  • Perform data validation for high-volume insurance transactions and ensure data integrity across multiple source systems.
  • Log, track, and retest defects in JIRA, collaborating with IT and finance teams to resolve issues quickly.
  • 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.

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.
  • Knowledge of subledger posting logic, chart of accounts, and financial controls.
  • Strong Excel skills for reconciliation and data validation.

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).
  • ISTQB or similar testing certification.

Education and Skills:

  • 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.

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