Sr executive/AM Insurance accounting
- MetLife
- 1 to 3 Yrs
- Mumbai
- 5 years ago
- Email to a friend
- Report this job
Job Description
JOB DESCRIPTION
Position:
Sr executive/AM Insurance accounting
Location:
Mumbai
Department:
Finance
Function:
Insurance accounting
Reporting to:
Rohan R Haldankar
Band:
Senior executive/Assistant Manager
Context & Role:
Role:
a) Daily insurance accounting including commission payouts and reconciliation
b) Commission payout processing and TAT Management
c) Co-ordinating with various functions for month-end provisions and ensure that the month-end activities are closed within the timelines
d) Reconciliation of balance sheet accounts related to revenue
e) Account code mapping in policy admin system and financial software
f) Daily TB recon between policy admin system and financial system
g) Work towards strengthening the controls over the commission payout process
h) Co-ordinating for STAT audit(Half yearly and Annual), Internal audit, compliance requirements and IRDA inspection related requirements
Key Responsibilities:
a) Month end activities timely and accurate month-end closure of revenue accounting
b) Monitoring and control on all balance sheet items reconciliation and review of Receivables and payable related to revenue, commission
c) Process improvements and Automation of activities
d) Handling of Internal Audit, Statutory audit and IRDA inspection.
Measures of Performance:
Performance measured on quarterly basis for the points mentioned in Key Responsibility
Desired qualifications and experience :
Qualification: B.com
4 to 5 years in finance with 1 to 2 years experience in Life Asia and Group Asia background and person with experience in Insurance industry and knowledge of SUN accounting software is preferable.
Knowledge and skills required :
MIS reporting activities along with good verbal and written communication skills
Other skills
Person with experience in Insurance industry and knowledge of SUN accounting software is preferable.
Preferable Age in the range of within 25 to 28
Employement Category:
Employement Type: Full timeIndustry: Banking / Financial ServicesRole Category: Finance / Accounts / TaxFunctional Area: Not ApplicableRole/Responsibilies: Sr executive/AM Insurance accountingContact Details:
Company: Pnb Metlife IndiaLocation(s): Mumbai
Similar positions
MetLife
PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the leading life insurance companies in India. PNB MetLife has as its shareholders MetLife International Holdings LLC (MIHL), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and Company ...
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in