Manager Reinsurance
- Recruiter
- EXL
- Location
- Noida, Meerut
- Salary
- 7.5 -9 Lacs+ B
- Posted
- 06 Aug 2018
- Closes
- 06 Sep 2018
- Ref
- EXL_REINS
- Sector
- IT/Telecoms
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Manager
- Participate in many aspects of reinsurance accounting and reporting, from the initial recording/coding of treaties to weekly/monthly processing and accounting/reporting (Daily, Monthly);
- Clearing suspended TAI transactions developed from the monthly data feeds from the policy administration system (Daily, Monthly);
- Billing and collection of resisted claims subject to reinsurance (Daily / Monthly)
- Work with the manager to facilitate related audits from reinsurers, and for completing audits for reinsurance assumed with 3rd parties (Ad-hoc)
- Timely and accurate reconciliation of reinsurance accounts on a monthly basis, making necessary adjustments as appropriate (Monthly)
- Prepare the accounting and reporting entries and reports for Annuity type and non TAI treaties (Daily, Monthly)
- Accountable for working within predetermined deadlines, and must keep abreast of appropriate developments in financial reporting and reinsurance software (Daily, Monthly).
- The individual is required to gain a thorough understanding of the underlying reinsurance processes, the types of treaties and arrangements in place, and be analytical, to self-review inputs and products of his/her work (Ad-hoc)
- Perform special projects as assigned (Ad-hoc)
Skill sets Needed:
- ACCA with 3-5 years of Reins experience
- TAI Knowledge
- Reinsurance Accounting
- Reinsurance Treaty Experience
- Reinsurance Processing experience
- Data Query skills (MS-Access, querying TAI, SQL)
- Experience with financial controls and tight deadlines