Viraj Rai

Senior Analyst in Account & Finance with over 10 years of work experience. I am seeking to be a part of an esteemed organization that values commitment to excellence and quality. I am looking for an opportunity to apply my knowledge and skills and obtain a challenging position that offers growth and development.

Senior Analyst at GallagherRe (2022-01 – Present)

Client Account Management and Compliance in Treaty Operations

• Reviewing technical Proportional Treaty client documentation and bordereaux from designated clients to ensure compliance with contractual terms and addressing client queries as needed.
• Inputting client data into the Opentwins system according to key performance indicators and contractual obligations.
• Sending automated generated outputs to underwriters upon processing client data in the Eclipse system.
• Managing settlements from client account controllers to clients and underwriter controllers to reinsurers.
• Proactively chasing outstanding client accounts based on cover note/slip/contractual agreements.
• Handling client inquiries related to balances, settlements, and account processing, and following up on overdue accounts as per contractual terms.
• Addressing underwriters' queries on treaty statements, annual statistics, balances, settlements, and profit commissions.
• Collaborating with Bureau markets and Xchanging for account agreements and signing.
• Ensuring compliance with internal processes, policies, external regulations, and industry standards.
• Actively participated in weekly team meetings to review portfolio queries, accounts on hold, client escalations, and pending bureau submissions.
• Supported resolution of complex queries through coordination with internal stakeholders and external parties.
• Independently managed allocated new accounts, PLAs, and claims on a daily basis to meet service delivery targets.
• Manage and monitor the allocation of client accounts to appropriate handlers through the internal SmartFlow system.
• Provided process training and mentorship to new joiners, supporting smooth onboarding and knowledge transfer.
• Active member of the Fun Committee, responsible for organizing team outings, planning engagement initiatives, and coordinating Fun Friday activities to promote team morale.

Accounts Payable Analyst/ P2P at Tata Teleservices Ltd- (Offrole) (2020-01 – 2022-12)

• Domestic & foreign Supply/Service Bills verification with purchase order terms IR parking & FR Tracker updating
• GR creation & IR parking of material & professional fees invoices
• Preparing Monthly & Quarterly creditor aging, GL Variance & GR/IR variance analysis report
• Review and circulation of GRIRs (Pending invoices) balance follow up with concerned functions for timely closure
• Intercompany transactions DCN creation, IR parking & accounting
• Post payment entries of customer Refunds through F-41 Tcode
• Book the MIRO entry for Quarterly DIMMS invoices
• Booking of TCS entries Tracking & process the payments
• Undertaking reviews of advance payment to Vendor and their proper deduction.
• Emergency ROW online payment & share the payment details to User/Vendor

Internal Audit Analyst at MGB Advisors (2017-01 – 2020-12)

• Conduct Internal & Operational Audits
• Identification of risk & cost reduction opportunities for our clients
• Discussing audit findings & recommendations with seniors & managers
• To review business process & internal controls

Internal Audit Executive at Ramee Hotels Pvt. Ltd (2014-01 – 2017-12)

• Working as an auditor responsible for audits in accounting capacity
• Preparing and presenting monthly concurrent audit report.
• Verification and authorization of paid out voucher
• Ensure the cashier reports are reconciled daily and any outstanding or unusual transactions are followed through promptly and completely.
• Conducting internal audit of the Financial and Operational process of property.
• Day to day verification of Daily sales report (DSR).
• Submitting the audit reports which include observations and financial viability to companies Audit Manager on monthly basis.

PGDM in Finance Management – WELINGKAR INSTITUTE OF MANAGEMENT (2019-01 – 2021-12)

Bachelor of Commerce – Mumbai University (2011-01 – 2014-12)