About this role
Role Overview
- Record and manage reinsurance premium, claims, commissions, and recoveries in accounting systems.
- Prepare and process reinsurance bordereaux, statements of accounts, and settlements with reinsurers and brokers.
- Perform account reconciliations for reinsurance balances and resolve discrepancies.
- Monitor and track reinsurance recoverables and payables to ensure timely collections and payments.
- Support month-end and year-end closing activities related to reinsurance transactions.
- Ensure accuracy and compliance with accounting standards, internal controls, and company policies.
- Collaborate with underwriting, claims, and finance teams to validate reinsurance data.
- Assist in financial reporting, audits, and regulatory requirements related to reinsurance.
- Analyze reinsurance transactions and provide reports on premiums, claims, and recoveries.
Requirements
- Post Graduate with 6-9 years of experience in insurance and reinsurance accounting