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Technical Accountant - Life & Health

Location Mumbai, India Job type Full-Time Work mode On-site Job level Professional Job ID 12216 Company Munich Re Employment type Regular Area of expertise Finance, Accounting & Controlling
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The India CFO team is responsible for providing technical accounting support to the life and non-life business. We are seeking a qualified and dedicated professional to strengthen our team in this interesting environment. The role entails a broad range of responsibilities and offers many development opportunities and will be reporting to the Team Lead of Technical Accounting L&H.

Your Role: 

  • Ensure accurate and timely administration and accounting/processing of Life & Health business
  • Assure payment transactions with our clients, handle correspondences and debt collection
  • Monitoring of key performance indicators such as overdue balances, outstanding statement of accounts etc
  • Effective collaboration and coordination with Life & Health business unit/section
  • Provide timely responses/replies and quality financial reports to meet Life & Health business units need as required.
  • Support in the quarterly closing process and reporting to Head Office
  • Maintain adequate documentation of internal processes and ensure compliance with internal guidelines
  • Maintain knowledge of developments in the insurance/takaful industry, including keeping up to date with latest regulations and legislation changes to ensure compliance
  • Lead and support projects and other ad-hoc tasks as assigned

Your Profile: 

  • Education : Degree in accounting/finance/ or Degree in Engineering/IT/Computer Science.
  • Experience : Minimum 3 to 5 years of experience within the insurance & reinsurance industry (accounting / operations). Suitable candidates with less experience will be considered as assistant Technical Accountant
  • Essential : Good Microsoft Excel skills.
  • Good to Have:  SAP knowledge would be an advantage, VBA, Power Query or prior automation experience are highly regarded
  • Able to lead projects and perform financial analysis on various accounting topic initiatives
  • Effective oral and written communication skills with staff, peers, superiors and internal / external stakeholders
  • Auditing experience in audit firm preferred.
  • Strong service orientation and a drive to make a difference
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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.

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