Manager - Reinsurance/Assumed Operations

3 weeks ago

Gurgaon, Haryana, India Spectral Consultants Full time

Job Title: Manager - Reinsurance (Assumed) Operations

Experience Required: 8-10 Years (Minimum 4+ Years in Leadership Role)

Employment Type: Full - Time

Industry: P&C Reinsurance / Insurance

Function: Underwriting Operations / Reinsurance

Role Overview:

We are looking for a results-driven and experienced Reinsurance Underwriting Professional to lead and manage operations related to assumed reinsurance. The ideal candidate will bring deep expertise in Property & Casualty (P&C) Reinsurance, with exposure to both Treaty and Facultative reinsurance arrangements. This is a leadership role that demands operational excellence, global stakeholder engagement, and a strong understanding of reinsurance contract structures and underwriting support processes.

The successful candidate will manage a team of professionals, ensure delivery of high-quality reinsurance operations, and collaborate closely with underwriters, brokers, and clients across geographies.

Key Responsibilities:

Team Leadership & Management:

- Lead and manage a team supporting reinsurance underwriting operations, ensuring timely and accurate service delivery.

- Develop team capabilities, assign priorities, and ensure adherence to SLAs and quality standards.

- Drive a high-performance culture, mentor team members, and lead by example.

Contract Analysis & Interpretation:

- Review and interpret Treaty and Facultative reinsurance contracts across multiple P&C lines of business.

- Evaluate terms, conditions, pricing structures, and special clauses to determine risk exposures and profitability.

- Translate complex contract language into actionable insights for underwriting teams.

Operational Excellence:

- Oversee the setup and maintenance of policies and reinsurance programs in relevant systems.

- Ensure adherence to internal controls, audit requirements, and best practices in reinsurance operations.

- Proactively identify process improvement opportunities and implement automation or efficiency initiatives.

Stakeholder Collaboration:

- Work closely with underwriters, actuaries, brokers, and clients to support business goals.

- Maintain clear and timely communication across internal and external stakeholders globally.

- Represent the operations function in strategic discussions and initiatives with senior leadership.

Key Capabilities and Competencies:

- Strong understanding of assumed reinsurance and policy lifecycle in both Treaty and Facultative reinsurance.

- Proven team leadership experience with global teams, including performance management and mentorship.

- Excellent analytical skills with the ability to interpret complex contracts and underwriting documentation.

- Outstanding written and verbal communication, especially in drafting client/stakeholder correspondence.

- High attention to detail and accuracy in data handling and reporting.

- Comfortable working across different time zones and cultures, with flexibility as Bachelors or Masters degree in a relevant field (Insurance, Finance, Business, or related discipline).

- 8+ years of experience in reinsurance operations or underwriting support, including at least 4 years in a leadership role.

- Prior experience in Property & Casualty (P&C) Re/Insurance is mandatory.

- Experience working with global stakeholders and clients is highly desirable.

(ref:iimjobs.com)

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