Insurance Accountant

Insurance / Reinsurance Accounting 3+ Years Noida

Summary

We are looking for experienced professionals in Insurance / Reinsurance Accounting to join our finance and accounting team in Noida. The role will focus on ceded reinsurance accounting, financial and management reporting, regulatory reporting, reconciliations, journal entries and reinsurance-related transactions. Candidates with strong insurance or reinsurance accounting experience and an understanding of US GAAP will be preferred.

Location

Noida

Your Future Employer

Join a global organization offering an opportunity to work on complex insurance and reinsurance accounting processes, financial reporting and regulatory requirements. You will collaborate with finance, accounting and reinsurance stakeholders while gaining exposure to US GAAP and international insurance operations.

Responsibilities

1. Manage accounting for ceded premium, commission, UEP, claims, reserves and cash transactions.
2. Prepare financial and management reports and support regulatory reporting including Schedule P and Schedule F.
3. Review ceded premium and loss results from the reinsurance system and manage reinsurance payments to brokers/reinsurers.
4. Perform accounting transactions, manual/top-side journal entries, GL, balance sheet and intercompany reconciliations.
5. Review claims billings and ensure accurate and timely accounting, reporting and reconciliation of reinsurance-related transactions.

Requirements

1. 3+ years of experience in Insurance Accounting, Reinsurance Accounting or a closely related finance domain.
2. Strong knowledge of ceded reinsurance, including premium, commission, claims, reserves and related accounting processes.
3. Good understanding of US GAAP, financial reporting and regulatory reporting; knowledge of Schedule P and Schedule F is preferred.
4. Strong analytical and reconciliation skills with hands-on experience in GL, balance sheet and intercompany reconciliations.
5. Bachelor’s/Postgraduate degree in Accounting, Finance or related discipline; MBA Finance or Insurance/Reinsurance certification will be an added advantage.

What is in it for you

• Opportunity to work in Insurance and Reinsurance Accounting with global exposure.
• Exposure to ceded reinsurance, US GAAP and regulatory reporting.
• Opportunity to work on financial and management reporting processes.
• Develop expertise across accounting, reconciliations and reinsurance transactions.
• Collaborative environment with opportunities for professional and career growth.

Reach us –

If you think this role is aligned with your career, kindly write me an email along with your updated CV on [email protected] for a confidential discussion on the role.

Disclaimer –

Crescendo Global specializes in Senior to C-level niche recruitment. We are passionate about empowering job seekers and employers with an engaging and memorable job search and leadership hiring experience. Crescendo Global does not discriminate on the basis of race, religion, color, origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Note –

We receive a large number of applications daily, making it difficult to respond to every applicant. Please assume that your profile has not been shortlisted if you do not hear from us within one week. Your patience is highly appreciated.

Scammers can misuse Crescendo Global's name for fake job offers. We never ask for money, purchases, or system upgrades. Verify all opportunities at www.crescendo-global.com and report fraud immediately. Stay Alert!

Profile Keywords

Insurance Accounting, Reinsurance Accounting, Ceded Reinsurance, Ceded Premium, Reinsurance Operations, Insurance Finance, US GAAP, Schedule P, Schedule F, Regulatory Reporting, Financial Reporting, Management Reporting, GL Reconciliation, Balance Sheet Reconciliation, Intercompany Reconciliation, Manual Journals, Claims Accounting, Reinsurance Claims, Reserves, UEP, Commission Accounting, Reinsurance Payments, MS Excel, Accounting Operations