Accounts Receivable Executive

4 days ago

Mumbai, India Munich Re Full time

**Accounts Receivable Executive**:
**Location**
Mumbai, India

The incumbent supports the Technical Accounting and Claims Handler in processing technical accounts and claims for all classes of business and nature of reinsurance in a timely and accurate manner.

Your job
- Processing reinsurance accounts and claims in the system
- Cash collection and clearing of open items
- Promptly settle of reinsurance account payables and claims
- Good working collaboration with internal and external clients (underwriters, claims managers, client managers, finance, external brokers, external cedants, etc)
- Maintaining high work standard and excellent quality data in the system
- Ensuring consistency of account settlement and claims handling in the unit
- Ensuring, keeping track of active portfolio management as per the QA guidelines
- Ensure Key Performance Indicator targets in client accounting are met; E.g. Timely and accurate processing of all client statements, receipts and maintaining healthy client receivables/payables position
- Point of contact for external clients (cedants, brokers, auditors, etc.)
- Working constructively with Claims Management, the regional offices and with Underwriting & Client Management Colleagues as and when applicable

**Profile**:

- Degree (in finance, accounting, insurance, business, mathematics, law, etc.)
- Graduate in Accounting / Equivalent with 1 to 3 years of experience
- Experience in General/Life Insurance or Reinsurance Industry administration will be an advantage
- Intermediate/Advanced proficiency in MS Excel and IT skills

About us

Find out Who we are, What we do, Our Strategy and How we can support & Reward you

Our business model is based on the combination of primary insurance and reinsurance under one roof. We take on risks worldwide of every type and complexity, and our experience, financial strength, efficiency and first-class service make us the first choice for all matters relating to risk. Our client relationships are built on trust and cooperation. If you would be interested in helping shape the future as part of one of our teams, we look forward to hearing from you.-
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This integration is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.

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