Manager EXL/M/1499377

2 days ago


Noida, India exl Full time

Job Description Key Responsibility Areas including preferred Skills and Experience Sound understanding of Reinsurance operation and accounting of Premium and Losses, Topside Premium, and losses Adj Review of cession calculations, system cessions and validations Review of settlements of FAC, XOL and QS Treaties Review of the Market reports (Bordereaux) sent to the reinsurers/brokers  Should be able to manage a team and coach them continuously to achieve business goal  Able to help team in resolving their queries as an when needed To ensure complete operations management for end-to-end processes, including Claim notice, collections, Cash applications, month end premium and loss JEs, reconciliation and reinsurance reporting Is required to possess deep knowledge of the all the activities, workflow, expectations of all end clients To ensure timely and accurate delivery of daily, monthly, and periodic processing of client requirements Should establish systems and processes to ensure highest quality levels of performance is achieved on a day-to day basis. To handle any escalation w.r.t. any operational issue. To ensure proper documentation of workflow of all activities related to all the clients. To interact with a client on day-to day basis responding to their requirements at a short notice by re-aligning priorities. Should be able to understand & anticipate Clients business needs, concerns & issues, and be able to proactively resolve the same. Constantly look for opportunities to improve the client processing and provide value addition to client by exceeding expectations. To create systems and checks for internal compliance policies and guidelines and ensures maintenance of clear and precise records per the requirements. Encourages & demonstrates respect for others in a team and inculcate the same culture across the team members Competencies: Profound knowledge of P&C Reinsurance Business Excellent communication both written, verbal, and analytical skills Good decision-making skill Knowledge of London Market reinsurance preferred Committed to achieving specific objectives and takes ownership for accomplishing them. Effectively balances quality, customer service and productivity standards Ability to prioritize & multi-task Exhibits meticulous attention to detail Good problem solving & analytical skills  Capable of working with tight deadlines and working under pressure Act as liaison between team members and management & bring issues/concerns to management Eligibility Criteria: Manager -Bachelor’s degree or Post Graduate, with overall 8-12 years of experience  3+ years of supervisory experience in the field of Insurance/Reinsurance accounting Proficiency in MS Excel and PowerPoint  Desirable-Certification in P&C Insurance Preferable experience in Sequel Re system Must have an experience of setting up a new process



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