Senior Executive - Finance
HDFC ERGO
4 - 8 years
Mumbai
Posted: 16/09/2025
Job Description
Location: Mumbai Experience: 3-6 years preferred Industry: Insurance Function: Finance & Accounting Your Role: 1)Oversee full-cycle Accounts Payable processing for coinsurance, ensuring timely and accurate settlements. 2)Reconcile partner statements and collaborate with both internal teams and external stakeholders to resolve discrepancies. 3)Maintain precise financial records related to coinsurance receivable’s and payable’s. 4)Ensure adherence to IRDAI regulatory guidelines and support internal and external audit processes. 5)ETASS premium / claim reconciliation with as leader / follower data
6)Handling monthly, quarterly closing, internal & external audits for coinsurance.
7)Monthly review of outstanding coinsurance balances, claim & premium to be booked
What We're Looking For: - Bachelor’s degree in Finance or related field (advanced degree is a plus). - Prior experience in the insurance sector is highly desirable (coinsurance). - Proficiency in Advanced Excel (formulas, pivot tables, charts, etc.). - Experience handling coinsurance settlement with PVT coinsurance and PSU’s co-insurer . - Skilled in maintaining accurate records, actual receivable & payable, premium & claim to book and generating monthly MIS. - If you're someone who thrives in a fast-paced environment, takes ownership of their work, and values continuous improvement, we’d love to
About Company
HDFC ERGO General Insurance is a leading private sector general insurance company in India, formed as a joint venture between HDFC Ltd. and ERGO International (a part of the Munich Re Group). The company offers a wide range of insurance products including health, motor, travel, home, and commercial insurance. Known for its customer-centric approach, strong digital infrastructure, and quick claims processing, HDFC ERGO serves millions of individuals and businesses across the country, making it a trusted name in the Indian insurance industry.
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