CAPTIVE INSURANCE ACCOUNTING (Ex: Insurance Broking & Risk Management)
Marsh is seeking candidates for the following position based in the [MUMBAI, INDIA] office:
Specialist
What can you expect
- Preparation, and finalization of accounts, HMRC returns, NAIC returns, BMA statutory filing for Provide inputs to the Manager for specific training needs
- Maintain accounts and records of Captive clients including general ledger
- Accounting records to be updated in GCMS.
- Payment processing
- Client Website uploads
- Assist in preparing GAAP accounts and notes to client and audit deadlines
- Assist in preparing audit requirements
- Assist in preparing and file Statutory Financial Return in compliance with US regulations
What is in it for you
Discover what's great about working at Marsh and McLennan Companies from the opportunities that our size brings, to our commitment to our communities and understanding the benefits you'll receive. We are four businesses with one PURPOSE: helping companies meet the challenges of our time.
As a global leader in insurance broking and risk management, we are devoted to finding diverse individuals who are committed to the success of our clients and our organisation. Joining us will provide a solid foundation for you to accelerate your career in the risk and insurance industry. You will join a team of talented professionals from across the globe which is dedicated to helping clients manage some of the world's most challenging and complex risks. We can promise you extraordinary challenges, extraordinary colleagues, and the opportunity to make a difference.
Our rich history has created a client service culture that we believe is second to none. Our commitments to Diversity and Inclusion, Corporate Social Responsibility, and sustainability demonstrate our commitment to stand for what is right.
As a Marsh and McLennan Company colleague, you will also receive additional benefits such as:
- A competitive salary
- Employee friendly policies
- Health care and insurance for you and your dependants
- Healthy Work life balance
- A great working environment
- Flexible benefits packages to suit your needs and lifestyle
- Future career opportunities across a global organisation
Preview to our current base policies:
- Maternity benefits: Sum insured for normal delivery is INR 65,000 and C-section is INR 75,000.
- Mental health on IPD (up to full sum insured) and OPD (up to 40,000) to cover Psychiatric and related treatments
- Home care and treatment up to INR15,000 (COVID related) covered per member
- Hotel quarantine up to INR 50,000 (COVID related) covered per member
- Make shift or temporary hospital treatment up to INR15,000 (COVID related) covered per member
- Enhanced colleague experience through Benefitme portal (one stop self-service for enrollment & tracking of claims)
Voluntary top up:
- Sum Insured options: 2 Lacs, 3 Lacs and 5 Lacs
- All benefits same as base except for Mental illness on OPD basis
- Although completely voluntary, colleagues would be encouraged to enroll considering dependents age & pre-existing health conditions
- Corporate buffer would be made available on exception basis only, provided colleagues have taken a top up plan
- 6 months instalment option through payroll
- New Joiners would be able to opt for Top-up upon joining within a 30 day window
We will count on you to:
- Take end to end responsibility of delivery of the clients assigned.
- Take accountability of moving all the legacy accounts in the new Captives Accounting platform (GCMS)
- Take on additional clients within the existing bandwidth.
What you need to have:
- Chartered Accountant or relevant Accounting degree
- 0 -6 months of experience in finalization of accounts
- Sound knowledge of accounting principles and practices
- Prior experience in working in Captives Accounting - preferred
What makes you stand out
- Diploma in IFRS
- Prior working experience in Insurance Sector
[Business group Boilerplate and EEO Statements (north America or Global version)]
IMPORTANT: The below section is only needed for the MMC Careers site. offer is covered at ex job board by info graphics.
[BUSINESS GROUP STATEMENT]
(Ex: We are Marsh)
Marsh is a global leader in insurance broking and risk management. In more than 130 countries, our experts in every facet of risk and across industries help clients to anticipate, quantify, and more fully understand the range of risks they face. We work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. We offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance program management services to businesses, government entities, organizations, and individuals around the world. To every client interaction we bring an unmatched combination of deep intellectual capital, industry-specific expertise, global experience, and collaboration. Since 1871, clients have relied on Marsh for trusted advice, to represent their interests in the marketplace, make sense of an increasingly complex world, and help turn risks into new opportunities for growth. Our more than 30,000 colleagues work on behalf of our clients, who are enterprises of all sizes in every industry, and include individuals, multinational organizations, and government entities worldwide. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. Visit www.marsh.com for more information and follow us on LinkedIn and Twitter @MarshGlobal
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