Finance Specialist-Claims Reconciliation

Job Title: Finance Specialist – Claims Reconciliation

Location: Corporate Office

Experience: 4–6 Years

Qualification: B.Com Graduate

Job Summary

We are looking for a detail-oriented Finance Specialist with experience in claims reconciliation and general insurance accounting. The ideal candidate should have strong knowledge of claim accounting, reinsurance accounting, SAP, Excel, and month-end financial closing activities.

Key Responsibilities

• Perform monthly claims reconciliation and resolve outstanding items with IT, Claims, and Reinsurance teams.
• Prepare balance sheet schedules, including Outstanding Claims, Agent Deposits, Client Deposits, and Refund Payables.
• Coordinate with Operations to clear pending reconciliation items.
• Manage fixed assets, capital work-in-progress (CWIP), and depreciation accounting.
• Support month-end closing activities, including advance premium, long-term, and outstanding claims accounting.
• Prepare MIS reports and provide financial support to Analytical, Reinsurance, and Actuarial teams.
• Ensure accuracy, compliance, and timely completion of financial processes.

Required Skills

• 4–6 years of experience in Finance/Accounts, preferably in the General Insurance industry.
• Strong knowledge of Claims & Reinsurance Accounting.
• Hands-on experience with SAP and Advanced Excel.
• Experience in month-end closing and financial reconciliations.
• Excellent analytical, communication, and coordination skills.

Preferred Industry

General Insurance / Insurance / BFSI

Pay: ₹400,000.00 - ₹650,000.00 per year

Work Location: In person