Deputy Manager

6 days ago

Pune, Maharashtra, India WNS Global Services Full time ₹ 12,00,000 - ₹ 24,00,000 per year

Company Description

WNS (Holdings) Limited (NYSE: WNS), is a leading Business Process Management (BPM) company. We combine our deep industry knowledge with technology and analytics expertise to co-create innovative, digital-led transformational solutions with clients across 10 industries. We enable businesses in Travel, Insurance, Banking and Financial Services, Manufacturing, Retail and Consumer Packaged Goods, Shipping and Logistics, Healthcare, and Utilities to re-imagine their digital future and transform their outcomes with operational excellence.We deliver an entire spectrum of BPM services in finance and accounting, procurement, customer interaction services and human resources leveraging collaborative models that are tailored to address the unique business challenges of each client. We co-create and execute the future vision of 400+ clients with the help of our 44,000+ employees.

Job Description

Prepare and process complex reinsurance transactions, including ceded and assumed premium and claims activity.Perform monthly, quarterly, and annual reconciliations of reinsurance accounts and balances, identifying and resolving any discrepancies.Collaborate with underwriting, claims, and actuarial departments to ensure all reinsurance data is accurate and correctly processed.Prepare financial reports related to reinsurance activity for management, auditors, and regulatory bodies.Support internal and external audits by providing documentation, reconciliations, and explanations of reinsurance-related transactions.Assist in the preparation of regulatory filings, such as NAIC and Schedule F reporting.Manage cash settlements related to reinsurance premiums and recoveries, including collections and payments.Review reinsurance contract terms to ensure proper accounting treatment and compliance with agreement provisions.Identify and implement process improvements to increase efficiency, accuracy, and overall control of reinsurance accounting functions.Stay current with accounting standards (GAAP/IFRS) and regulatory requirements affecting the reinsurance industry.

Qualifications

Education: Master's degree in accounting, Finance, or a related field.Experience: Previous experience in reinsurance or insurance accounting is required.Skills:In-depth knowledge of reinsurance concepts, including treaty and facultative reinsurance.Strong understanding of accounting principles (GAAP and Statutory).Proficiency in accounting software (e.g., Workday, SAP) and advanced Microsoft Excel skills.Exceptional analytical, problem-solving, and organizational abilities.Excellent attention to detail and a high degree of accuracy.Strong written and verbal communication skills.Ability to work effectively both independently and as part of a team.

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