Account Compliance

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