The processes involve accounting & reporting work for Insurance Domain, preferably requiring the sound understanding of US GAAP/STAT Reporting. The role also envisages preparation and consolidation of financial reporting. Professionals would be an individual working on high-end systems and various reporting software applications like Workiva, Eagle Wings and SAP, for meeting their monthly, quarterly, and annual deliverables.
Responsibilities
- Responsible for preparing Financial statements for Separate Accounts, Disclosures and Notes to Accounts, General Interrogatories, State Filings & Surveys
- Responsible for preparing Green/Blue Book schedules for ensuring accuracy and alignment with reporting requirements
- Prepare journal entries like accruals, reserves and work on reconciliations
- Preparation of GAAP & STAT supplementals
Role-Specific Skills
- Knowledge of Regulatory reporting concepts including accounting standards
- Understanding of Insurance & STAT Principles
- Knowledge of MS Office (Excel, Word, PPT etc.)
- Support quarterly/annual audits by internal auditors, as well as independent external auditors
- CA/MBA/Post-Graduate/Graduate in Finance with 5-7 years of experience in Financial Reporting & STAT Reporting
Job description provided by EXL Service.
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