Job Description

Location

Mumbai, India

Job type

Full-Time

Work mode

On-site

Job level

Professional

Job ID

11090

Company

Munich Re

Employment type

Regular

Area of expertise

Finance, Accounting & Controlling

This position performs reinsurance technical accounting administration and reporting activities in a timely and accurate manner. The position also participates in various projects involving automation, changes to current systems, implementation of new systems, and various process improvement initiatives.



Your Role:

Key tasks

Ensure that client accounts are processed timely and quality of processing reporting is ensured Timely and accurate processing of claims rendered by the clients Support quarterly assurance activities for Non-Life i.e. Property & Casualty (P&C) incl. analysis of client information (data) to ensure adequacy for appropriate account processing and reporting. Ensure Key Performance Indicator targets in client accounting are met; E.g. Timely and accurate processing of all client statements, receipts and maintaining healthy client receivables/payables position Support Treaty Maintenance activities for Non-Life / P&C Support in local regulatory and governance reporting requirements; ensuring adequate explanations are provided for queries raised by internal or external stakeholders e.g. IRDAI Support key projects in the branch and/or regional CFO team e.g. projects to improve efficiency and quality of RI Administration process

Your Profile:

Experience of 3 to 5 years Degree (in finance, accounting, insurance, business, mathematics, law, etc.); Past experience in audit or consulting (advantageous) Intermediate/Advanced knowledge of insurance accounting; Intermediate/Advanced proficiency in MS Excel and IT skills; Experience in General Insurance or Reinsurance Industry administration will be an advantage.

Competencies:

Good organisational skills Goal oriented with ability to independently complete tasks with minimal oversight Proficient communication and interpersonal skills Critical thinking abilities Effective problem solving

Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary
We provide fair and competitive compensation that reflects your performance and commitment.
Company performance-based Incentives
In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.
Recognition and Special Rewards
We recognise outstanding individual contributions through a variety of targeted rewards and incentives.
Retirement Planning
We support your long-term financial wellbeing with retirement solutions aligned with local regulations.
Inclusive Workplace Culture
We foster a respectful, inclusive, and values-driven environment.
Learning & Development
We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.
Work-Life-Balance
Supporting your ability to balance family, leisure, and your career.
Health & Wellbeing
We support your physical and mental health through a range of programs and activities in each location.