Senior Insurance Finance Test Specialist

2 weeks ago

Ellore, Andhra Pradesh, India beBeeFinance Full time ₹ 8,00,000 - ₹ 12,00,000

Job Description

A highly skilled Finance Test Specialist is needed to support a large-scale transformation programme. This role involves validating end-to-end financial processes, with a strong emphasis on penny testing, subledger reconciliation, and cash lifecycle testing (bank statement matching, AR/AP, treasury payments).

The Finance Test Specialist will work closely with Finance, Actuarial, and Technology teams to ensure the integrity of financial data and compliance with industry standards throughout the programme.

Key Responsibilities:

  • Develop and execute test cases for insurance-specific finance processes, including penny testing (validating transactions down to the pence/cent level), subledger and GL reconciliation (verifying postings from policy admin, claims, and reinsurance systems), bank statement matching (ensuring correct cash allocation to policies, claims, and premiums), and treasury payments (testing outward payments, credit control, and cash application).
  • 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, including actuarial and exposure management inputs.
  • 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.
  • Communicate test progress, risks, and issues effectively to project managers, business stakeholders, and leadership teams.

Essential Skills and Qualifications:

  • At least 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.

Qualifications:

  • 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.

  • Trade Finance Specialist

    2 weeks ago

    Ellore, Andhra Pradesh, India beBeeTradeFinance Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

    Job Description">We are seeking a seasoned Trade Finance Specialist to provide expertise in trade finance operations, compliance, and consulting.">The ideal candidate will have a strong understanding of international trade finance instruments, including Letters of Credit (LCs), Bills of Exchange, Invoices, and Bills of Lading. They will also be familiar with...

  • Senior Finance Process Specialist

    1 week ago

    Ellore, Andhra Pradesh, India beBeeConsultant Full time ₹ 15,00,000 - ₹ 25,00,000

    Oracle PBCS ConsultantAs a specialist in delivering transformative finance and technology solutions, we leverage Oracle Fusion Cloud SAAS and PAAS to provide tailored services including on-premise system migrations, target state architecture planning, and business process automation using AI.Our goal is to help clients automate manual finance processes,...

  • Automation Testing Specialist

    1 day ago

    Ellore, Andhra Pradesh, India beBeeAutomationTesting Full time ₹ 8,00,000 - ₹ 12,00,000

    Job Opportunity: Automation Testing SpecialistWe are seeking an experienced Automation Testing Specialist to join our team. This is a permanent position based in Hyderabad.The ideal candidate will have 4+ years of experience in automation testing, with expertise in Python and Selenium. Additionally, they should be proficient in API testing and familiar with...

  • Senior Business Finance Specialist

    5 days ago

    Ellore, Andhra Pradesh, India beBeeFinance Full time ₹ 1,00,00,000 - ₹ 2,50,00,000

    About the RoleMeesho seeks a seasoned Business Finance expert to join its dynamic team. The ideal candidate will have a strong analytical background, with a minimum of 4 years of experience in financial planning and management.The role requires excellent problem-solving skills, the ability to lead a team, and proven collaboration skills.We are looking for...

  • Software Test Specialist

    7 days ago

    Ellore, Andhra Pradesh, India beBeeQuality Full time US$ 50,000 - US$ 1,00,000

    Job Title: Software Test SpecialistAbout the Role:We are seeking a skilled test specialist to fill a key position.The ideal candidate will have experience in testing software applications, proficiency in JIRA and Zephyr (test case management), and a strong understanding of quality assurance principles.Key Responsibilities:

  • Insurance Domain Expert

    5 days ago

    Ellore, Andhra Pradesh, India beBeeInsurance Full time ₹ 15,00,000 - ₹ 20,10,000

    As a Policy Center specialist, you will play a pivotal role in driving the digital transformation of insurance companies. Our boutique consultancy is headquartered in Bridgewater, New Jersey, USA and operates as a global entity with operations in multiple regions.We provide cutting-edge engineering solutions for Fortune 500 companies and government agencies...

  • Senior Finance Specialist

    22 hours ago

    Ellore, Andhra Pradesh, India beBeeAccountant Full time ₹ 20,00,000 - ₹ 40,00,000

    Financial Analyst RoleWe are seeking a diligent and detail-oriented individual to join our team as a Financial Analyst.Responsibilities will include processing daily accounting entries with precision and accuracy using Tally ERP 9.Maintaining accurate and up-to-date journal entries and financial records is also crucial for this role.The successful candidate...

  • SAP Senior Integration Specialist

    3 days ago

    Ellore, Andhra Pradesh, India beBeeIntegration Full time ₹ 1,00,00,000 - ₹ 2,00,00,000

    Senior SAP Integration SpecialistSAP integration specialists play a vital role in designing, building, testing and troubleshooting integrations using various technologies. As a senior specialist, you will work collaboratively as part of a team to deliver lessons learned from previous experiences and propose improvements/tools to increase overall services to...

  • Insurance Benefits Verification Specialist

    2 weeks ago

    Ellore, Andhra Pradesh, India beBeePrior Full time ₹ 9,00,000 - ₹ 12,00,000

    Job Title:Prior Authorization and Insurance Benefits SpecialistDescription:We are seeking a reliable and experienced professional to join our team as a Prior Authorization and Insurance Benefits Specialist. This role involves verifying insurance benefits and eligibility for various medical procedures, obtaining prior authorizations efficiently, and...

  • Performance Testing Specialist

    4 days ago

    Ellore, Andhra Pradesh, India beBeePerformance Full time ₹ 9,00,000 - ₹ 12,00,000

    Job Title: Performance Testing SpecialistAbout the RoleWe are seeking a skilled Performance Testing Specialist to join our team. As a key member of our infrastructure, you will be responsible for ensuring the reliability and scalability of our systems.Key ResponsibilitiesDesign and Execute Performance Tests: Identify bottlenecks and areas for improvement...