Gen Re
Website:
genre.com
Job details:
Shape Your Future With Us
General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of 37 offices, we have earned superior financial strength ratings from each of the major rating agencies. We value diversity, equality and inclusion and promote a culture that supports professional and personal growth.
Your Role
Our Property & Casualty (P&C) Reinsurance Operations team is seeking a highly organized and detail-oriented Reinsurance Technical Accounting Specialist to join our Mumbai office. In this role, you will manage reinsurance accounting transactions, ensure the timely processing of statements of account, maintain accurate financial records, and provide key support to underwriting teams across the Asia-Pacific region.
You will work closely with underwriters, finance colleagues, cedents, brokers, and internal business stakeholders to ensure premium and claims transactions are processed accurately and on time, while maintaining compliance with applicable regulatory and tax requirements.
Your Key Responsibilities
- Manage the review and processing of P&C reinsurance premium and claims statements of account, ensuring completeness, accurate recording and compliance with contractual requirements
- Work closely with technical accounting team based in Cologne
- Reconcile account balances and investigate discrepancies with brokers, cedents, and internal stakeholders
- Monitor outstanding statements of account and proactively follow up with underwriting teams, brokers, and business unit leaders to identify and resolve late or missing accounts
- Prepare regular reports on outstanding accounts, processing backlogs, and reconciliations status
- Coordinate with underwriting teams to ensure timely booking of premium, commissions, claims, and other contractual adjustments
- Handle India GST/VAT and indirect tax matters related to reinsurance transactions, working closely with the Finance and Tax teams to ensure regulatory compliance
- Assist with internal and external audits by providing supporting documentation and explanations as required
- Ensure compliance with company accounting policies, internal controls, and regulatory requirements
- Contribute to regional and international projects and initiatives
Your Profile
- Degree qualified in Accounting, Finance, Commerce, Business, or a related discipline
- 3-8 years of experience in reinsurance technical accounting, insurance operations, or financial accounting
- Property & Casualty (P&C) reinsurance accounting experience is strongly preferred
- Familiarity with reinsurance accounting activities, including statements of account, premium and claims accounting, commissions, cash settlements, and reinsurance contract administration
- Knowledge of India GST/VAT requirements applicable to (re)insurance transactions is desirable
- Strong proficiency in Microsoft Excel, with experience using accounting or reinsurance administration systems
- Good command of English, both spoken and written
- Excellent analytical, organizational, and reconciliation skills with strong attention to detail
We offer a
- highly professional and inclusive work environment that values excellence, integrity, personal responsibility and the unique talent of each employee
- flat management hierarchy and team-based environment that promote collaboration and free-flowing communication
- market competitive remuneration package commensurate with experience and qualifications, with a comprehensive suite of employee benefits
Does this sound exciting?
If you want to shape your future with us, we look forward to receiving your application via the Apply Now link.
Our Address
General Reinsurance AG
India Branch
Units 105-108
B Wing Dynasty Business Park
Andheri Kurla Road
Andheri (East), Mumbai 400 059 (India)
Click on Apply to know more.