Process Development Specialist

22 hours ago

Hyderabad Secunderabad Telangana, India beBeeDevelopment Full time ₹ 15,00,000 - ₹ 28,00,000

Job Title: Process Development Specialist

Job Description:

We are seeking a skilled process development specialist to join our team. The successful candidate will be responsible for the identification, validation, and processing of technical statements of account for all types of business.

The ideal candidate will have a deep understanding of reinsurance, technical accounting, and assumed business. They will possess solid organizational, problem-solving, and interpersonal skills.

Responsibilities:
  • Identification, validation, and processing of technical statements of account for all types of business.
  • Handling of financial transactions related to statements of account, claims payments, & reconciliation of broker statements.
  • Accounting / reporting of collateralized amounts to ensure compliance with contract requirements.
  • Calculation of reinstatement premiums, reserving, portfolio in/out, premium adjustments, deposit retain/release, headline loss (large losses) adjustments, profit commissions, sliding scale, no claims bonus & other fees in accordance with contract terms.
  • Supporting quarter close by assuring high levels of data quality on client reported figures & actively participate in close process with multi-GAAP.
Qualifications:
  • Commerce Graduation/Post Graduation.
  • Prior team leading experience.
  • Proven experience within re-insurance domain preferably assumed business.
  • Solid organizational, problem solving, and inter-personal skills.
  • Strong relationship building and organizational navigation skills.
  • Excellent written and verbal skills.
  • Strong presentation skills - Band 4A and above.
Benefits:
  • Be a transformation leader - Work at the cutting edge of AI, automation, and digital innovation.
  • Make an impact - Drive change for global enterprises and solve business challenges that matter.
  • Affordable Benefits Program - Medical, Dental, Vision, and more.
  • Generous Paid Time Off Policy.
  • Learning and Development Opportunities.

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