Chartered Accountant - Reinsurance Accounting - General Insurance

CA Freshers - 2023 Batch

To be absorbed in Re-Insurance Accounting department of a Leading General Insurance Co.

Jod Deails:

Re-Insurance function

1. To review & control over RI-Allocation (XOL premium, Facultative & XOL recovery)

2. Monitor / Control over re-insurance payment

3. Automation of manual activities & process improvement

4. Re-insurance GST / TDS compliances

5. Monthly Reconciliation over RI accounting

6. Control over RI Receivable / Payable Balances

7. Review of RI Treaty & Facultative terms and condition & to check accounting in line with same terms

8. Auditors query resolution & audit closure

9. Control over regulator reporting done by RI department

10. Tracking of RI performance

11. Monitor re-insurance disallowances