Analyst, Reinsurance

2 weeks ago

Gurgaon, Haryana, India Axa XL Full time
Job Description

Essential Responsibilities

- Work on Assumed Reinsurance Claims process as a Claims Assistant.
- Be a subject matter expert on Reinsurance across various lines of businesses, which may include:
- Workers comp/EL
- General Liability
- Professional Liability
- Profes sional Indemnity/E&O
- D&O Liability
- Auto/Motor Liability
- Property, etc.
- Assist Account Managers on further decisions regarding Claims settlement/closure or reserves.
- Summarize detailed Claims documents received from the Broker/ceding companies and update AXA XL Claims systems.
- Claim & Premium Bordereaux processing and facilitate payments through designated Banks.
- Ensure quick response to any queries from the Claims Managers or Brokers/Cedents.
- Accountable for the complete Claim life cycle, from setting up a new Claim to its closure.
- Meet set processing SLA/targets.
- Ensure Claims are processed right first time.
- Ensure all process documents are managed and updated in real-time.
- Support system testing and other ad-hoc projects.
- You will report to Manager, Reinsurance.

Required Skills and Abilities:

- Graduate/Postgraduate with relevant years of experience within the Reinsurance industry.
- Experience in MS-Excel and PowerPoint is required.
- Self-starter who is solution-oriented and has the ability to work within a team environment.
- Self-directedly develops, communicates, and oversees the execution of solutions to resolve issues persistent within the portfolio.

Desired Skills and Abilities:

- Effective written and verbal communication and interpersonal skills to work effectively with internal clients and customers.
- Organized with the ability to sort multiple priorities, meet tight deadlines, and be detail-oriented.
- Ability to use initiative in day-to-day activities to resolve issues or flag to management for review.

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