XL Catlin - Management Trainee - CA - WalkIn

Walkin Details - 9th Dec - 16 from 11:00 AM-3:00 PM

Bestech Business Tower

Sector 48, Sohna Road, 9th Floor

Gurgaon, Haryana 122002 Fazilpur-Jharsa & Badsahpur Village

India

- We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients- potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.

- Finance Close team provides accounting support to various XL Catlin legal entities based out of Bermuda, UK and US.

- The key activities of the team involve analysis of Balance Sheet and Profit & Loss including ratio analysis, preparation of balance sheet reconciliations along with commentaries, booking of manual adjustments to incorporate new treaties, booking of manual adjustment to incorporate entity level changes in GL, preparation of internal ceding treaties reconciliations for US and Europe geography, booking of manual adjustments to correct ceding percentage changes, booking of post close cash adjustment journals, etc.

What will your essential responsibilities include :

- Preparation of balance sheet reconciliations such as Receivable/Payable, Losses, Unearned premium and Deferred acquisition cost.

- Balance sheet & Profit and Loss analysis including Ratio analysis, Policy level analysis, Management data & analysis, commentaries etc.

- Booking of manual adjustment to incorporate new internal and external re-insurance treaties at group level.

- Booking of manual adjustment to incorporate legal entity, operating units and other chartfields level restructuring / changes in General Ledger.

- Preparation of internal ceding treaties reconciliations on monthly & Quarterly basis for US and Europe Legal entities.

- Booking of manual adjustment to correct ceding percentage changes, Statutory to General ledger reclasses on quarterly basis in Oracle General Ledger.

- Booking of Post Close Cash Adjustments journals (Including internal / external ceding treaties adjustments) to account for cash transactions that take place after underwriting source systems close to reconcile the bank accounts on quarterly basis in Oracle General Ledger.

- Liaise with onshore stakeholder in the Identification & investigation of any exceptions in reconciliations.

- Identify process improvements and make recommendations to streamline the process.

- Assist in quarterly close & reporting process and ensure FIC compliances.

- You will report to Manager.

We're looking for someone who has these abilities and skills :

- CA with at least 1-3 years of post-qualification experience in accounting and financial reporting.

- Strong communication & interpersonal skills to work effectively with internal/external teams across the globe.

- Intermediate IT skills (MS Excel, MS Access, SQL, VBA, Word)

- Strong analytical and problem solving skills.

- Organized, methodical, able to deal effectively with multiple priorities and do multitasking.

- Candidates with insurance Industry would be preferred.

- XL Group plc (NYSE:XL), through its subsidiaries and under the XL Catlin brand, is a global insurance and reinsurance company providing property, casualty, professional, specialty and alternative capital products to industrial, commercial and professional firms, insurance companies and other enterprises across the world.

- From insurance to reinsurance, we- re shaking up an ancient industry. A changing world needs new answers. We- re here to find them. With an incredible blend of people, products, services and technology, we- re looking beyond traditional solutions to our clients- risks - from the most familiar to the most complex.

Learn more at www.xlcatlin.com