Magma HDI General Insurance Company Looking for Senior Manager- Finance RI Accounting at India Full Time

Department: Accounts and Finance

Experience in Reinsurance Accounting – 6-8 years

Education: Qualified (Preferably CA)

– Handling Reinsurance accounting and payment of Treaty and Fac and RI Inward placements.
– Handing collection accounting of Reinsurance transactions for Treaty, Fac and RI Inward.
– Monitoring of RI Cessions for premium and claim transactions
– Preparation of the Reinsurance balances ageing on monthly basis and its monitoring
– Computation of Sliding Scale commission and its accounting
– Handling XoL working and its accounting
– Handling Terrorism pool accounting and raising of GST invoices
– Preparation and monitoring of RI solvency disallowances

– Ensuring compliances and documentation for foreign RI payment transactions
– Ensuring automation of RI accounting and payments
– Ensuring 2A GST recon with RI transactions.
– Well-updated with different types of Treaties and Fac placements.
– Well-updated with RI commutation entries and its accounting treatment.
– Independent audit handling with above-mentioned role.
– Preparation of Public Disclosure forms (NL) for RI related part.

Specialized skills, competencies, qualifications and experience

– Qualified candidate with excellent academic track record throughout and with 6 years + working experience in General Insurance industry.
– Excellent Communication Skill.
– Good Analytical Skill.
– Should be excellent at MS Excel
– Pragmatic “ Can do” attitude ;
– Result oriented and focused on Goal achievement ;
– Experience of System Implementation

▶️ Senior Manager- Finance RI Accounting
🖊️ Magma HDI General Insurance Company
📍 India