Reinsurance Operations Associate

2 months ago

Bengaluru, Karnataka, India Swiss Re Full time

About the role:

We are looking for an agile, motivated, and dedicated individual who is ready to join our APAC Property and Casualty Operations Team in Bangalore as Reinsurance Operations Associate. APAC Operations is part of the P&C Re Operations Division, which handles the in-force reinsurance business from end to end.

In this role, you will be responsible for handling end to end reinsurance accounts and claims, ensuring business deliverables are met (quality output within the turnaround times defined) through adequate understanding of Reinsurance contractual conditions. You will be working within a set framework of policies, processes and having potential opportunities to improve the same. You will own responsibility for an assigned portfolio of APAC clients and collaborate with business partners internally and externally. You will work in a dynamic environment by being capable of navigating through periods of change and ambiguity. You will also be encouraged to pro-actively pursue your career advancement by developing current and new areas of competence on own initiative.

The role comprises, but not limited to, the following elements:

  • End-to-end processing of client Reinsurance accounts (premiums, claims, brokerage, etc.) ensuring deliverables and quality standards are met as defined
  • Handling Reinsurance claims (simple to mid complex cases) through adequate understanding of Reinsurance Claims principles
  • Capture accurate claim information by referring to claim advice reported by clients/ brokers and contract documents/conditions
  • Maintain accuracy and quality parameters as defined by the process
  • Rigorous follow up on outstanding queries/topics as per the defined process using the escalation matrix
  • Problem solving/analysis for own portfolio, to determine underlying trends and following up on the same to deliver closure of issues
  • Ensure financial transactions/payments are in adherence to processes and guidelines, quality management framework and key controls
  • Timely collection of funds (Accounts Receivable), keeping track of financials within the assigned portfolio
  • Ensure timely and accurate reporting and compliance with internal/external/regulatory requirements and/or commitments
  • Manage own workload effectively to achieve agreed service/business standards
  • Contact internal business partners and external clients directly (either written or verbal) to resolve any long pending operational issues like missing accounting information, incorrect data, payment delays, etc.
  • You will work collaboratively across teams, functions and regions and support the requirements of internal clients
  • Usage of PowerBI and data tools to assess and steer the portfolio

About the team:

You will join a very experienced and highly motivated Reinsurance operations team handling portfolios for diverse APAC regions. Our responsibilities require regular interactions with peers and experts from other locations, deliver best service and most value to our clients. With our continuous improvement mindset our aim is to provide our external clients and internal partners with fast, easy, and effective ways of conducting business within an environment where the risks are understood.

About you:

  • Minimum bachelor's in finance, Accounting, Insurance, or related fields. Outstanding performer with minimum 3years of work experience
  • Flair for figures and proficiency in Excel
  • Good verbal and written business interpersonal skills
  • Being an agile team player with the ability to manage own workload and demonstrate a sense of Accountability, Responsibility and Commitment
  • Ability to work together collaboratively, flexibly, and constructively in a team/group environment including in virtual set-ups
  • Ability to challenge the status quo and manage multiple business partners (multi-cultural and cross functional teams in a virtual set-up)
  • Insurance/Finance related certifications will be an added advantage

Note:

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.


About Swiss Re


Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.



Keywords:
Reference Code: 129836

  • Team Lead Pricing Services Japan

    4 months ago

    Bengaluru, Karnataka, India Swiss Re Full time

    About the Team:L&H Products Services unit in Bangalore provides support to diverse units to L&H Products teams across the globe including pricing of reinsurance treaties. The L&H Pricing Services Japan-Korea team supports the team in Japan-Korea in (Re)Pricing, ToT development/review, Experience studies and other related activities. Team will consist of 3 to...

  • Associate SwiftRe Assist

    4 months ago

    Bengaluru, Karnataka, India Swiss Re Full time

    Associate SwiftRe AssistAbout Swiss ReSwiss Re is one of the world's leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life &...

  • Team Lead Pricing Services Japan

    4 months ago

    Bengaluru, Karnataka, India Swiss Re Full time

    About the Team:L&H Products Services unit in Bangalore provides support to diverse units to L&H Products teams across the globe including pricing of reinsurance treaties. The L&H Pricing Services Japan-Korea team supports the team in Japan-Korea in (Re)Pricing, ToT development/review, Experience studies and other related activities. Team will consist of 3 to...

  • Tax Analyst II

    1 month ago

    Bengaluru, Karnataka, India Swiss Re Full time

    ABOUT THE TEAM Finance Reinsurance and CorSo teams of Asia are based in 8 different countries across Asia Pacific. Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes...

  • Associate Pricing Actuary

    1 month ago

    Bengaluru, Karnataka, India Swiss Re Full time

    About the Role As Associate Pricing Actuary, you will be responsible to help senior team members in analyzing the profitability of the assigned line of business. You will help to identify drivers to portfolio performance and develop to mitigate gaps between what has been costed against actual performance.You will work with Senior team members and...

  • Pricing Actuary Casualty

    4 months ago

    Bengaluru, Karnataka, India Swiss Re Full time

    Job Title: Pricing Actuary Corporate Title: Assistant Vice President Division: BOU-CUO P&C ReinsuranceLocation: Bangalore, IndiaAbout Swiss ReThe Swiss Re Group is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk - from...

  • Senior Actuarial Analyst P&C

    1 month ago

    Bengaluru, Karnataka, India Swiss Re Full time

    About Swiss ReThe Swiss Re Group is one of the world's leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime. The aim of the Swiss Re Group is to enable...

  • Operations Manager

    4 weeks ago

    Bengaluru, Karnataka, India Amazon Full time

    Job Title: Operations Manager Job Description:A strategic and people leader and a large team, the Ops Manager of Amazon INFC is empowered with complete operations responsibility for Outbound/FCD/ Changeops or IB. She/he create Building level cost efficiencies at a Six sigma level deliverables, coupled with driving Regional/National level key Brilliant Basics...

  • Record Management Associate

    4 weeks ago

    Bengaluru, Karnataka, India Swiss Re Full time

    About the Records Management Operations team The Records Management Operations team plays a pivotal role in ensuring the efficient handling and maintenance of organizational records throughout their lifecycle.At its core, the team is responsible for supporting the seamless flow of information from its inception to its ultimate disposal, adhering to...

  • Technical Accountant II

    4 months ago

    Bengaluru, Karnataka, India Swiss Re Full time

    Owing to the increasing potential of Life and Health Asia business growth and in our continuous endeavour to focus on client service delivery and ease operations, The jobholder is accountable for effectively managing transactions for the allocated portfolios/end to end processing and ensuring deliverable are met (quality output within turnaround times...

  • Data Associate French

    4 weeks ago

    Bengaluru, Karnataka, India AMAZON INDIA PVT LTD Full time

    Apply for Data Associate French , Alexa Shopping Operations, Career Progress Consultants in Bengaluru/ Bangalore for 0 - 5 Year of Experience on

  • Principal Revenue Operations Analyst

    2 months ago

    Bengaluru, Karnataka, India timesjobs Full time

    Job Title: Principal Revenue Operations AnalystDepartment: Sales Operations - IndiaLocation: Bangalore, IndiaReqNum:26658Hungry, Humble, Honest, with Heart.The OpportunityAre you a highly analytical and detail-oriented individual with a passion for optimizing revenue operations? If so, join our dynamic team at Nutanix and play a crucial role in driving...

  • Warehouse Associate

    4 months ago

    Bengaluru, Karnataka, India Sm Nida Manpower Solution Full time

    Job Requirements Job Title: Warehouse AssociateCompany Name: SM Nida Manpower SolutionLocation: Devanahalli, Bengaluru, KarnatakaSalary: ₹ ₹15000/monthEmployment Type: Full TimeJob Description:Are you a motivated and dedicated individual looking for a full-time opportunity as a Warehouse Associate? SM Nida Manpower Solution is hiring female Warehouse...

  • Record Management Associate

    4 weeks ago

    Bengaluru, Karnataka, India Swiss Re Full time

    About the Records Management Operations team The Records Management Operations team plays a pivotal role in ensuring the efficient handling and maintenance of organizational records throughout their lifecycle.At its core, the team is responsible for supporting the seamless flow of information from its inception to its ultimate disposal, adhering to...

  • Associate - 24349

    4 weeks ago

    Bengaluru, Karnataka, India timesjobs Full time

    Associate, Commercial IntelligenceWhy YOU want this positionSince our founding as a groundbreaking provider of oil & gas data, we have evolved our solutions to cover oil & gas analytics, trading & risk, and business automation for customers across the energy industry. Enverus represents this growth while bringing us closer together as one team. Enverus...

  • Technical Writer

    1 month ago

    Bengaluru, Karnataka, India Swiss Re Full time

    About the team:Reinsurance Solutions is one of the three pillars within Swiss Re Reinsurance. The pillar aims to add value to clients' original business by providing solutions and services across the value chain. Service Delivery Management team is responsible for designing and managing processes for successful delivery and efficient operations of software...

  • Data Product Analyst

    4 months ago

    Bengaluru, Karnataka, India Swiss Re Full time

    About the Team: The Data Management & Insights [DMI] team is part of Business Excellence delivering on the promise of a stable end-to-end operating platform for Life & Health Reinsurance. The DMI team's mission is to make data accessible to stakeholders by acquiring and ingesting client data systematically through our systems. The team also utilizes advance...

  • Sr. Associate

    1 month ago

    Bengaluru, Karnataka, India Cognizant Full time

    Job summaryWe are seeking a highly skilled Functional Lead for the role of Sr. Associate - Projects with 8 to 12 years of experience. The ideal candidate will possess expertise in ISU - Billing Smart Grid Operations and Customer Relationship Management. This role involves overseeing project execution ensuring alignment with business objectives and driving...

  • Associate Analytics Solutions Engineer

    2 months ago

    Bengaluru, Karnataka, India Swiss Re Full time

    About the Team GDS (Group Data Services) leads Swiss Re's ambition to be a truly data-driven risk knowledge company. GDS bring expertise and experience covering all aspects of data and analytics to enable Swiss Re in its vision to make the world more resilient. The Data Platform Engineering & Operations team deals with data & analytics platforms for enabling...

  • Associate manager

    1 month ago

    Bengaluru, Karnataka, India timesjobs Full time

    Job DescriptionAssociate manager Job SummaryLocation: BangaloreProject role: Associate managerQualification:B TechExperience: 2.5-5 YearsSkills:Audit and ConsultingNoof positions:1Job description:HCL IT team manages various IT processes operating at different frequencies as per HCL defined policies and procedures. It is expected from resources to plan,...