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Core Accounting _ Senior Advisor at Willis Limited, trading as Willis Towers Watson plc

Thane, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

28 Apr, 26

Salary

0.0

Posted On

28 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Statements, Regulatory Compliance, Client Management, Accounting Activities, Budgeting, Forecasting, Reconciliations, Management Reports, Technical Support, Captive Insurance, Investment Income, Trial Balance, Cash Flow, Board Packs, Management Accounting, Inter-company Loans

Industry

Financial Services

Description

Job Summary: The job entails servicing responsibility for a portfolio of captive insurance clients and the provision of technical insurance support across the team. There is also the opportunity to get involved in our captive consulting and new business activity. Primary responsibilities include: * Preparation of financial statements as well as client financial and management accounting * Managing and over-seeing regulatory and compliance issues * Preparation of Board Packs and client bench-marking analysis * Reviewing new client's business operations and work with the team that implements solutions * Responding to and following up on queries by the captive account-holders * Maintenance and development of various management information reports Key activities in the job include: * Preparation of Trial Balance, Income statement and Balance Sheet for Captive Insurance clients * Planning and carrying out different accounting and financial activities like budgeting, forecasting,investment reconciliations, cash flow statement & bank account reconciliation * Update notes to accounts, if and when required * Calculating the unearned / un-expensed reinsurance reserve * Calculating the Allocated Investment Income * Posting journals, preparing reconciliation and review of balances * Preparing management, statutory and regulatory reports * Monitoring the shareholder/Inter-company loans - as per the respective state laws * Monitor and report on activities and provide relevant management information * Be system proficient with hands on experience on MS Office applications * Liaise and attend meetings along with other company functions necessary to perform duties and organizational development

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Responsibilities

The role involves managing a portfolio of captive insurance clients and providing technical support across the team. Key tasks include preparing financial statements, overseeing compliance issues, and responding to client queries.