Executive Director of Reinsurance Accounting
4 days ago
AVP Reinsurance Accounting and Reporting
About the RoleWe are seeking an experienced professional to join our team as AVP Reinsurance Accounting and Reporting. This is an exciting opportunity for someone with expertise in accounting and reporting in the ceded reinsurance domain.
The successful candidate will be responsible for managing a set of accounting activities to ensure compliance with generally accepted accounting principles, corporate policies, and external audits. They will also manage cash allocation, intercompany transactions, closing of accounts, and preparation of reports in support of financial statements related to P& C Reinsurance.
About the CompanyVipsa Talent Solutions Private Limited is a leading provider of talent solutions, helping businesses find the right professionals to drive their growth. We pride ourselves on our commitment to excellence and customer satisfaction.
Key Responsibilities- Manage all aspects of ceded reinsurance accounting operations, including calculations/preparation/booking of reinsurance premiums, commissions, and losses/recoveries related journal entries into general ledger, financial reporting, and cash clearing and Intercompany settlements.
- Effectively reconcile all reinsurance activity (Premium, commission & recoveries related accounts).
- Work alongside Outward reinsurance placement & operations team to review complex reinsurance transactions from an accounting perspective.
We are looking for someone with excellent communication skills, end-to-end knowledge of insurance & reinsurance accounting and reporting, and experience in working with international clients. A strong understanding of reinsurance treaties, how they work, and how computations are done is essential.
A CA qualification is mandatory, and 13-15 years of relevant exposure in accounting, financial, and regulatory reporting is required. Advance excel knowledge with hands-on Power BI, Power Query, Alteryx, MS Access, etc., is an added advantage.
What We OfferWe offer a competitive salary of ₹30,00,000 - ₹40,00,000 per annum, depending on experience, along with other benefits like health insurance, retirement plan, and paid time off.
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