Assistant Manager-Operations at MetLife in Noida, India

Job description

• Description and Requirements

Responsibilities

• * Execute monthly accrual bookings for premiums, commissions, and claims.
• * Review and validate month-end reports; perform trend analysis and flag anomalies.
• * Manage booking of reinsurance-related accounting entries and coordinate with the finance team for ledger closures.
• * Prepare and reconcile monthly/quarterly/annual reinsurance statements.
• * Manage settlement of reinsurance balances including wire transfers, clearing entries, and follow-ups.
• * Ensure accuracy of treaty data for multiple countries and formats.
• * Resolve queries received from reinsurers, controllers, and internal stakeholders.
• * Collaborate with local finance offices to ensure completeness of input data.
• * Liaise with reinsurers for data clarifications, follow-ups, and settlement confirmations.
• * Prepare quarterly and annual reports for internal and external stakeholders.
• * Support internal and external audit requirements, including documentation and data validation.
• * Ensure compliance with treaty terms and internal controls.
• * Perform UAT (User Acceptance Testing) for new models, systems, and reporting templates.
• * Validate changes in data templates or DB models (e.g., MS Access database) used in reinsurance calculations.
• Identify opportunities for automation, process improvement, and documentation updates.

Requirements

• Execute monthly accrual bookings for premiums, commissions, and claims.
• Review and validate month-end reports; perform trend analysis and flag anomalies.
• Manage booking of reinsurance-related accounting entries and coordinate with the finance team for ledger closures.
• Prepare and reconcile monthly/quarterly/annual reinsurance statements.
• Manage settlement of reinsurance balances including wire transfers, clearing entries, and follow-ups.
• Ensure accuracy of treaty data for multiple countries and formats.
• Resolve queries received from reinsurers, controllers, and internal stakeholders.
• Collaborate with local finance offices to ensure completeness of input data.
• Liaise with reinsurers for data clarifications, follow-ups, and settlement confirmations.
• Prepare quarterly and annual reports for internal and external stakeholders.
• Support internal and external audit requirements, including documentation and data validation.
• Ensure compliance with treaty terms and internal controls.
• Perform UAT (User Acceptance Testing) for new models, systems, and reporting templates.
• Validate changes in data templates or DB models (e.g., MS Access database) used in reinsurance calculations.
• Identify opportunities for automation, process improvement, and documentation updates.

Skills

Required

• Accounting
• Reinsurance
• Financial reporting
• Data analysis
• MS Access
• UAT testing
• Stakeholder management
• Audit support