Premium Handler
2 days ago
Job Description Black And White Business Solutions is seeking a detail-oriented and proactive Premium Handler - Analyst to join our Reinsurance Servicing team. This role is ideal for individuals with strong analytical and communication skills, who are eager to learn the intricacies of multi-currency premium processing and reinsurance operations. You will be instrumental in ensuring timely and accurate handling of premiums, resolving queries, and supporting critical reinsurance functions. We are open to freshers with strong foundational skills, as well as candidates with up to 2 years of experience. Primary Responsibilities - Process multi-currency premiums (PPC - Premiums Paid by Ceding Company & PPW - Premiums Paid by Withdrawing Company) accurately and within agreed Service Level Agreements (SLAs). - Prepare LPANS (Loss Portfolio Assumption Notices), perform market submissions, and handle LORS (Lines of Reinsurance) splits efficiently. - Resolve bureau queries promptly and effectively, ensuring smooth communication and data flow. - Communicate proactively with stakeholders, both internal and external, to ensure clarity and address potential issues. - Handle various internal and external inquiries related to premium processing and reinsurance operations. - Assist team members in query resolution, contributing to collective knowledge and problem-solving. - Prepare accurate and timely internal reports for management and operational insights. - Perform thorough document analysis and calculations related to reinsurance premiums and other financial data. Secondary Responsibilities - Contribute significantly to team success through collaborative efforts and a commitment to continuous improvement initiatives. - Demonstrate willingness to work extended hours when required to meet critical deadlines or business demands. - Maintain flexibility with work shifts to support global operations and rotational shift schedules. Skills and Competencies - Proficiency in MS Office Suite (especially Excel) for data handling, analysis, and reporting. - Strong analytical and communication skills (both verbal and written) to interpret data, convey information clearly, and interact professionally. - Exceptional attention to detail and a deadline-oriented approach to ensure accuracy and timely completion of tasks. - A true team player with a proactive attitude, eager to take initiative and support colleagues. Qualifications - Education: Bachelor's or Master's degree (any discipline). - Experience: 0-2+ years preferred (open to freshers with demonstrable analytical and communication skills). Career Path - This role offers a structured career progression from Entry-level to mid-level growth within the Reinsurance Servicing domain (Trainee > Advisor > Sr. Advisor > Specialist), providing clear advancement opportunities. Other Details - Selection Process: Comprehensive interviews complemented by relevant assessments (as applicable). - Salary & Benefits: Competitive compensation and benefits package as per company standards. - Perks: Enjoy the flexibility of a Hybrid work model, access to robust learning & development programs, and gain valuable global exposure within a multinational corporation. Contact: HR Deekshitha Staffing Analyst Black and White Business Solutions Pvt Ltd Bangalore, Karnataka, INDIA. Direct Number: 8067432405 | Email: [Confidential Information] | Website: www.blackwhite.in
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