Technical Accountant NL

Location: 

Mumbai, MH, IN

Job Type:  Full-Time
Work Mode:  On-site
Job Level:  Professional
Job ID:  11090
Company:  Munich Re
Employment Type:  Regular
Area of Expertise:  Finance, Accounting & Controlling
Description: 

This position performs reinsurance technical accounting administration and reporting activities in a timely and accurate manner. The position also participates in various projects involving automation, changes to current systems, implementation of new systems, and various process improvement initiatives.


Your Role: 
Key tasks

  • Ensure that client accounts are processed timely and quality of processing reporting is ensured
  • Timely and accurate processing of claims rendered by the clients
  • Support quarterly assurance activities for Non-Life i.e. Property & Casualty (P&C) incl. analysis of client information (data) to ensure adequacy for appropriate account processing and reporting.
  • Ensure Key Performance Indicator targets in client accounting are met; E.g. Timely and accurate processing of all client statements, receipts and maintaining healthy client receivables/payables position
  • Support Treaty Maintenance activities for Non-Life / P&C
  • Support in local regulatory and governance reporting requirements; ensuring adequate explanations are provided for queries raised by internal or external stakeholders e.g. IRDAI
  • Support key projects in the branch and/or regional CFO team e.g. projects to improve efficiency and quality of RI Administration process 

Your Profile: 

  • Experience of 3 to 5 years
  • Degree (in finance, accounting, insurance, business, mathematics, law, etc.);
  • Past experience in audit or consulting (advantageous)
  • Intermediate/Advanced knowledge of insurance accounting;
  • Intermediate/Advanced proficiency in MS Excel and IT skills; 
  • Experience in General Insurance or Reinsurance Industry administration will be an advantage.

Competencies: 

  • Good organisational skills
  • Goal oriented with ability to independently complete tasks with minimal oversight
  • Proficient communication and interpersonal skills
  • Critical thinking abilities
  • Effective problem solving


Job Segment: Consulting, Technology