We have opening at Reliance General Insurance for CA Fresher (Reinsurrance )
Location – Mumbai Goregaon
Roles and responsibilities
Re-Insurance function
Automation of Manual closing activities & RI payments
Monthly closure of books of accounts
To review & control over RI-Allocation (XOL premium, Facultative & XOL recovery)
Terrorism pool / Nuclear pool & fair NAT CAT pool settlement, accounting & tracking of balances
Monitoring of EEFC balances
Year-end clean of treaties & portfolio impact
Yearly closure of XOL premium, Minimum deposit premium & premium adjustment.
Closure of re-insurance recoveries in books of account.
Involvement in yearly re-insurance placement
Tracking of re-insurance performance / results
Preparation of treaties synopsis
Re-insurance business relationship – Treaty & Facultative (Inward / outward)
Strengthen Re-insurance recoveries
Monitor / Control over re-insurance payment
Re-insurance GST / TDS compliances include year-end GST input closure & TDS closure on provision basis
Control over RI Receivable / Payable Balances
Review of terms and condition of treaty & facultative
Auditor queries resolution, variance analysis & balance confirmation.
Control over regulatory reporting done by RI department
Monitor of RI profitability
Monitor re-insurance disallowances
Monitor of re-insurance regulatory compliances.
Tracking of RI-inward balances
Interested Candidates can share their resumes on shruti.palkar@relianceada.com
