Insurance Financial Control Specialist

7 days ago

Mumbai, Maharashtra, India beBeeFinance Full time ₹ 12,00,000 - ₹ 20,00,000
Finance Tester Insurance

Role Summary:

We are seeking an experienced Finance Tester with a strong background in insurance finance systems and cash management to support a large-scale transformation programme. The successful candidate will be responsible for validating end-to-end financial processes, with a focus on penny testing, subledger reconciliation, and cash lifecycle testing.

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.
  • 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 a test management 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.
Required Skills and Qualifications:

The ideal candidate will possess:

  • A minimum of 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.
  • 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.
How to Apply:

To be considered for this exciting opportunity, please submit your application.

  • Financial Controls Manager

    3 days ago

    Mumbai, Maharashtra, India beBeeRisk Full time ₹ 15,00,000 - ₹ 20,00,000

    Financial Controls SpecialistWe are seeking an experienced Financial Controls Specialist to join our team. This role will be responsible for managing and maintaining a range of financial controls processes across Global Markets.The ideal candidate will have a solid understanding of non-financial risk and controls, as well as experience in operational risk...

  • Insurance Agent

    4 days ago

    Mumbai, Maharashtra, India Care Insurance Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Company DescriptionCare Health Insurance is a specialized health insurer offering a diverse range of products including Health Insurance, Top-up Coverage, Personal Accident, Maternity, International Travel Insurance, and Critical Illness coverage. The company also provides Group Health Insurance and Group Personal Accident Insurance for Corporates, as well...

  • Insurance Specialist

    4 days ago

    Mumbai, Maharashtra, India Nuvama Wealth Full time ₹ 5,00,000 - ₹ 10,00,000 per year

    Company DescriptionWe suggest you enter details here.Role DescriptionThis is a full-time remote role for an Insurance Specialist. The Insurance Specialist will handle tasks such as assessing customer insurance needs, providing insurance advice and recommendations, managing insurance policies and documentation, and ensuring comprehensive customer...

  • Senior Financial Controller

    6 days ago

    Mumbai, Maharashtra, India beBeeFinancial Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

    Job Title:Financial Control SpecialistPosition Overview:In the context of internal promotions, we are seeking a highly skilled Financial Control Specialist to join our team.Key Responsibilities:Produce accurate and timely daily T+1 P&L production, attribution, and analysis.Provide daily commentary and variance investigation to Front Office traders and senior...

  • Financial Control Position

    2 weeks ago

    Mumbai, Maharashtra, India beBeeFinancial Full time ₹ 8,00,000 - ₹ 12,00,000

    Financial Management Specialist">">The role entails financial control and oversight of the entire lifecycle of a business, ensuring accuracy, integrity, and timeliness of the firm's books and records.">">Responsibilities include:">">Maintaining adherence to general ledger reconciliation & substantiation standards.">Ensuring P&L and Balance Sheet controls are...

  • Financial Controller

    1 week ago

    Mumbai, Maharashtra, India ACG World Full time

    Job Title: Associate – Finance Control (CA) Location: Kandivali, Mumbai Experience: 1-3 Years (post qualification) Employment Type: Full-Time Role Overview We are seeking a detail-oriented and results-driven Qualified Accountant to join our Finance team. This role will be pivotal in ensuring accuracy, transparency, and timeliness of financial...

  • Financial Controller

    4 days ago

    Mumbai, Maharashtra, India Intellectual Capital HR Consulting Pvt. Ltd. Full time

    Financial Controller Role: Financial Controller for a Family Office in Fort Location Experience Required: 10+ years in accounting and finance with extensive leadership and financial control experience. About the Role: We are seeking a strategic and results-oriented Financial Controller to lead the financial operations and control functions...

  • Financial Controller

    2 days ago

    Mumbai, Maharashtra, India Intellectual Capital HR Consulting Pvt. Ltd. Full time ₹ 1,04,000 - ₹ 1,30,878 per year

    Financial ControllerRole:Financial Controller for a Family Office in Fort LocationExperience Required:10+ years in accounting and finance with extensive leadership and financial control experience.About the Role:We are seeking a strategic and results-oriented Financial Controller to lead the financial operations and control functions across multiple...

  • Financial Controller

    6 days ago

    Mumbai, Maharashtra, India Intellectual Capital HR Consulting Pvt. Ltd. Full time

    Financial Controller Role: Financial Controller for a Family Office in Fort Location Experience Required: 10+ years in accounting and finance with extensive leadership and financial control experience. About the Role: We are seeking a strategic and results-oriented Financial Controller to lead the financial operations and control functions across multiple...

  • Financial Control Expert

    3 days ago

    Mumbai, Maharashtra, India beBeeInvestment Full time ₹ 15,00,000 - ₹ 20,00,000

    Senior Financial Control Specialist Job DescriptionWe are seeking a seasoned professional to join our team as a Senior Financial Control Specialist. This role will be responsible for ensuring the robustness of our Global Middle Office Control Framework, encompassing Product Control, Valuations, Collateral Management, and Operations.This position requires...