Rajesh Ramasundaram

• Conducted audit field work of loss reserves, goodwill, premiums, and claims of large Property and Casualty (P&C) (re)insurers.
• Prepared working papers, reports and supporting documentation for audit findings.
• Reviewing financial statements prepared for compliance with regulatory requirements in Bermuda
• Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
• Coached audit staff and designed audit procedures over significant accounts.
• Audited Captive Insurance companies based in Bermuda.
• Participated in the audit of 401k pension plans.

• Managed audits of large Property and Casualty (P&C) insurers with multiple subsidiaries, and Insurance-Linked Securities (ILS) funds.
• Delivered Financial Accounting Advisory Services to life (re)insurers, specializing in accounting for ModCo/Coinsurance contracts.
• Review of financial statements prepared in accordance with US GAAP/IFRS.
• Conducted budgeting and pricing analysis for audits, ensuring cost-effective and efficient procedures.
• Provided coaching and guidance to staff and senior team members, fostering their professional development.
• Conducted technical review of accounting position papers, including company's transition to IFRS, ensuring compliance with industry standards.
• Oversaw the review of audit work, and designing risk based audit procedures for complex accounts.
• Performed SOX reviews, including the evaluation of the design and operating effectiveness of internal controls within insurance companies.
• Managed audits of Captive Insurers, ensuring regulatory compliance and financial accuracy.

- Audit of merger and acquisitions transactions of Insurance companies

- Audit of Financial statements of health insurance companies prepared in accordance with US GAAP

• Conducted Internal Capital Adequacy Process (ICAAP) procedures for a listed bank in Oman.
• Implemented FATCA (US tax regulation) procedures for financial institutions in Oman.
• Prepared financial statements for small and mid-sized companies.
• Conducted peer review of listed banks and insurance companies in Oman.

• Planned and conducted financial statement audits of Insurance companies to confirm fair presentation in accordance with US GAAP principles.
• Performed analytical reviews and analyzed significant fluctuations.
• Tested the design and operating effectiveness of internal controls over financial reporting.