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Job Title


Deputy Manager - Accounts


Company : Magma General Insurance Limited


Location : Hyderabad, Telangana


Created : 2026-04-16


Job Type : Full Time


Job Description

Job Description : • Handling Reinsurance accounting and payment of Treaty and Fac and RI Inward placements. • Handing collection accounting of Reinsurance transactions for Treaty, Fac and RI Inward. • Monitoring of RI Cessions for premium and claim transactions • Preparation of the Reinsurance balances ageing on monthly basis and its monitoring • Computation of Sliding Scale commission and its accounting • Handling XoL working and its accounting • Handling Terrorism pool accounting and raising of GST invoices • Preparation and monitoring of RI solvency disallowances • Ensuring compliances and documentation for foreign RI payment transactions • Ensuring automation of RI accounting and payments • Ensuring 2A GST recon with RI transactions. • Well-updated with different types of Treaties and Fac placements. • Well-updated with RI commutation entries and its accounting treatment. • Independent audit handling with above-mentioned role. • Preparation of Public Disclosure forms (NL) for RI related partResponsibilities, specialized skills, competencies, qualifications, and experience:• Qualified candidate with excellent academic track record throughout and with 6 years + working experience in General Insurance industry. • Excellent Communication Skill. • Good Analytical Skill. • Should be excellent at MS Excel • Pragmatic “Can do” attitude; • Result oriented and focused on Goal achievement; • Experience of System Implementation