Assistant Manager, Reinsurance

Responsibilities

• Facultative Contract Management - Setting up & Maintain the FAC reinsurance contract
• Ceded Premium/Loss Processing - Calculating and booking of ceded premiums & losses in the legacy system. Good knowledge in the reinsurance calculation of proportional/ non-proportional contracts
• Review & Preparation of Reinsurance Bordereau
• Prepare & review payment & receipt Journals, handling accounting transactions and Performing GL Reconciliations
• Ensure the quarterly and yearly instructions are reviewed and incorporated
• Responsible for the review and analysis of financial results, including analysis of actual results compared with expectations, as well as prior periods
• Communicate with customer on day-to-day basis and internal stakeholder on regular basis
• Team handling skills, daily query handling, feedback management to iron out the operational challenges and driving improvements (Lean) to bring better controls
• Exposure towards training methodology to drive effective training to bring desired result

Minimum Qualifications

• Graduation in Commerce (BCom)
• Relevant work experience
• Excellent command on Excel tools from day-to-day operations delivery standpoint
• Well versed with MS Excel, MS Word, MS Visio & MS PowerPoint
• Excellent Accounting conceptual knowledge to handle day to day operations and special events

Preferred Qualifications

• Certification in P&C Insurance
• Good Reinsurance Knowledge and relevant years of experience in Reinsurance
• Good analytical and problem-solving skills
• Ability to communicate verbally and through emails with businesses
• Project Management and ability to manage several priorities