Career Detail

Industry

Insurance/ Re insurance

Functional Area

Technical Accounting and Claims Operations processes

Role Category

Entry Level

JobRole

Accountant

Education

University degree preferably in the area of finance, accounting, economics or administration

Experience

1-2 years

Salary

around INR 4,00,000

Job Location

Bangalore

Address

Bangalore

Job Description

About the Team 

You will be part of the P&C Business Management Operations with teams spread across world in locations in UK London, India Bangalore and Slovakia Bratislava a culturally diverse Team, handling the Technical Accounting and Claims Operations processes for P&C Reinsurance. With our continuous improvement mindset our aim is to provide our external clients and internal stakeholders with fast, easy and effective ways of conducting business within an environment where the risks are understood.


About the Role: Position summary & Main tasks/activities

·         1 to 2 tears of experience

·         Exception based handling of accounts with focus on data quality and driving value through active application of client segmentation

·         Technical verification of accounts within the context of our validation framework and contract wording

·         Account Processing per established guidelines/processes which may include escalations to Claims Operations

·         Balance Settlement with External Clients according to reinsurance terms and agreements

·         Cash Flow Management: timely collection of Accounts Receivable, management of Financials within Portfolio assigned

·         Ensure that agreed priorities, deadlines and service standards are achieved

·         Achieve target KPIs (Key Performance Indicators)

·         Constantly look to enhance service standards and quality

·         Proactive investigation, analysis and interpretation of processed accounting information with root cause identification

·         Regular reporting to supervisor and internal stakeholders

·         Sharing information with other team members and working cross functionally, as needed

·         Data Quality control and risk management-related activities according to internal guidelines

·         Contact internal and external clients directly (written or verbal) to clarify and resolve operational issues such missing accounting information, incorrect data as identified by validation framework, payment delays, etc.

 

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