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Technical Accountant I

0.00 to 1.00 Years   Bengaluru/ Bangalore (Karnataka)   27 May, 2025
SWISS RE
Job LocationBengaluru/ Bangalore (Karnataka)
EducationME/ M.Tech./ MS (Engg/ Sciences)B.Com. (Commerce)
SalaryAs per Industry Standards
IndustryCRM/CallCentres/BPO/ITES/Med.Trans
Functional AreaBanks/Insurance/Financial Services
EmploymentTypeFull-time

Job Description

Owing to the increasing potential of Asia business growth and in our continuous endeavour to focus on client service delivery and ease operations,The jobholder is accountable for effectively managing transactions for the allocated portfolios/end to end processing and ensuring deliverable are met (quality output within turnaround times defined) through adequate understanding of reinsurance accounting principles. One of the key activities is to ensure that payments received from clients (for example premiums) and payments made to clients (for example claims) reconcile against those payments expected. The client management faade of this role would require you to correspond with internal and external clients to resolve issues with respect to information, next steps, actionable, etc. Improvising while working within a set framework of policies and processes is key to the role.Key Responsibilities

  • Data Analytics
    • Competent to work on larger data in excel
    • Able to analyse and interpret to ensure we are receiving the right data set from client
    • Has keen eye to details and can identify the outliers if not as per contractual terms
  • Claims Validation
    • Understanding the Contractual terms between Swiss Re and the Client to ensure we pay the right claims as per the treaty terms
  • Premium Rate Validation
    • Perform premium checks to ensure we are receiving the right premiums from client
    • Perform reconciliation between client reported figures and Swiss Res contract
  • Cash handling and reconciliation
    • Analysis of outstanding cash balances & accruals
    • Reconciliation and analyse client reported balances vs Swiss Res calculation
    • Sending regular chasers to the client for outstanding payment and accounts
  • Insurance / Reinsurance understanding
    • Is aware of the concepts and terminologies in Insurance and Reinsurance
    • Has interest to learn about market trends and new products introduced
    • Is aware of the regulatory developments globally
  • Stakeholder Management / Teamwork
    • Build and manage strong relationships with stakeholders and contribute to strengthening client satisfaction
    • Collaborate with team members and take ownership for team activities in specific markets
    • Be a team player in order to achieve team targets and functional targets
About You
  • Graduate/Postgraduate in Commerce, Accounting, Insurance or equivalent field
  • Sound Insurance Product Knowledge is an added advantage
  • Fresher or close to 1 year of experience in the banking/insurance or any other financial services industry
  • Strong analytical skills (flair for figures)
  • Good knowledge in MS Excel (formulas, pivot, advanced excel)
  • Effective interpersonal and communication (written and verbal) skills enabling to drive result-oriented outcomes
  • Ability to challenge the status quo & manage multiple stakeholders (multi-cultural and cross-functional teams in a virtual set-up)
  • Ability to substantially contribute to and work with multi-cultural and cross-functional teams in a virtual set-up
  • Being an agile team player with the ability to manage own workload and demonstrate a sense of Accountable, Responsible, and Commitment
About Swiss ReSwiss Re is one of the worlds leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.Keywords:Reference Code: 131603Locations: Bangalore, KA, IN

Keyskills :
data analytics expert claims validation knowledgepremium rate checking cash reconciliation skillsstakeholder management cash handling accounting commerce strong analytical skillsteam player excel accounts

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