Account Compliance

1 week ago


Mumbai Maharashtra, India Serving Skill Full time

**Education - CA Fresher / CMA Fresher / MBA Fresher**

CTC: 8 LPA FIXED AND 1 L JOINING BONUS

Job Description:
Re-Insurance function

Automation of Manual closing activities & RI payments

Monthly closure of books of accounts

To review & control over RI-Allocation (XOL premium, Facultative & XOL recovery)

Terrorism pool / Nuclear pool & fair NAT CAT pool settlement, accounting & tracking of balances

Monitoring of EEFC balances

Year-end clean of treaties & portfolio impact

Yearly closure of XOL premium, Minimum deposit premium & premium adjustment.

Closure of re-insurance recoveries in books of account.

Involvement in yearly re-insurance placement

Tracking of re-insurance performance / results

Preparation of treaties synopsis

Re-insurance business relationship - Treaty & Facultative (Inward / outward)

Strengthen Re-insurance recoveries

Monitor / Control over re-insurance payment

Re-insurance GST / TDS compliances include year-end GST input closure & TDS closure on provision basis

Control over RI Receivable / Payable Balances

Review of terms and condition of treaty & facultative

Auditor queries resolution, variance analysis & balance confirmation.

Control over regulatory reporting done by RI department

Monitor of RI profitability

Monitor re-insurance disallowances

Monitor of re-insurance regulatory compliances.

Tracking of RI-inward balances

**Job Types**: Full-time, Fresher

**Salary**: ₹70,000.00 - ₹750,000.00 per month

Schedule:

- Day shift

**Experience**:

- total work: 4 years (preferred)

Work Location: In person


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