Accounting Role - General Insurance

Role Overview:

- Handle Premium Accounting, including premium booking, adjustments, collections, and monitoring.

- Perform Premium Reconciliation between policy, billing, bank, and accounting records.

- Manage Claims Accounting and Provisioning, including claim reserves, payments, and outstanding claims.

- Handle Claim and Commission Accounting, including calculation, accounting entries, and payouts.

- Manage Reinsurance Accounting, including ceded premiums, claims recoveries, commissions, and reconciliations.

- Perform Payroll Accounting, AP & AR activities and ensure timely closure.

- Process and account for Employee Reimbursements and related reconciliations.

- Monitor Advance Premiums, ensuring timely adjustment and accurate accounting.

- Prepare journal entries, account reconciliations, schedules, and supporting documentation.

- Identify accounting discrepancies and coordinate with relevant teams for timely resolution.

- Support month-end/quarter-end closing, audit requirements, and financial reporting.

- Ensure compliance with internal accounting policies, controls, and applicable accounting standards.

Key Skills:

- General Insurance Accounting

- Premium & Claims Accounting

- Reinsurance Accounting

- Premium & Claims Reconciliation

- Commission Accounting

- AP / AR & Payroll Accounting

- Provisioning & Month-end Close

- Advance Premium Monitoring

- MS Excel and ERP/accounting systems

- Strong reconciliation and analytical skills