Manages reinsurance administration support, including month-end close, accounting entries, financial reporting, STAT and GAAP analysis, settlements, audit tracking, management reporting, and workflow documentation. The role prepares treaty experience reports, researches reinsurer and auditor inquiries, supports governance and balance-sheet certifications, and identifies process improvements. It also requires preparing CMMI documentation and using PPM and internal reporting processes.
Description and Requirements
1. Month end close call to ensure all month end entries for reinsurance group has been posted.
2. Assist with monthly financial reporting, such as booking accounting entries, setting up wire transfers in Kyriba and balance sheet certifications. Ensure overall governance and highlight/escalate potential issue
3. Cater to STAT and GAAP requirement for reporting and analysis for reinsurance
4. Document administration and financial reporting workflows and recommend improvements to these processes where appropriate
5. Prepare internal MIS and analytics relating to reinsurance Inquiries highlighting resource utilization and turnaround time and provide tracking of audits (Reinsurance, D&T, SOX, and State exams).
6. Perform research relating to queries raised by reinsurers, auditors, etc. and assist with preparing timely responses
7. Prepare monthly reports summarizing experience under all reinsurance treaties for the current month/ YTD
8. Prepare CMMI documentation for audit and knowledge about PPM and other internal reporting is required.
9. Preparation of Management reports for internal review by Higher management.
10. Prepare periodic reinsurance settlements by compiling data from the ledger, direct administration systems, the reinsurance data mart, valuations and various other internal sources
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
As part of our New Frontier strategy, MetLife is building an AI-enabled, people-centered future. We're looking for people who bring curiosity, adaptability, and a growth mindset as we use AI to enhance how we serve customers, support communities, and evolve the way work gets done. At MetLife, AI is a responsible partner that supports human judgment, creativity, and continuous improvement while helping us build trust, inclusion, and long-term value.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
#BI-Hybrid
1. Month end close call to ensure all month end entries for reinsurance group has been posted.
2. Assist with monthly financial reporting, such as booking accounting entries, setting up wire transfers in Kyriba and balance sheet certifications. Ensure overall governance and highlight/escalate potential issue
3. Cater to STAT and GAAP requirement for reporting and analysis for reinsurance
4. Document administration and financial reporting workflows and recommend improvements to these processes where appropriate
5. Prepare internal MIS and analytics relating to reinsurance Inquiries highlighting resource utilization and turnaround time and provide tracking of audits (Reinsurance, D&T, SOX, and State exams).
6. Perform research relating to queries raised by reinsurers, auditors, etc. and assist with preparing timely responses
7. Prepare monthly reports summarizing experience under all reinsurance treaties for the current month/ YTD
8. Prepare CMMI documentation for audit and knowledge about PPM and other internal reporting is required.
9. Preparation of Management reports for internal review by Higher management.
10. Prepare periodic reinsurance settlements by compiling data from the ledger, direct administration systems, the reinsurance data mart, valuations and various other internal sources
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
As part of our New Frontier strategy, MetLife is building an AI-enabled, people-centered future. We're looking for people who bring curiosity, adaptability, and a growth mindset as we use AI to enhance how we serve customers, support communities, and evolve the way work gets done. At MetLife, AI is a responsible partner that supports human judgment, creativity, and continuous improvement while helping us build trust, inclusion, and long-term value.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
#BI-Hybrid
MetLife Mahārāshtra, IND Office
MetLife Pune, IN Office
EON West LP-II, 2nd & 3rd Floor, Tower D, S.no. 106(P), 107(P), 108(P)/1, Maharashtra, India, 411057
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