Strategic Reinsurance Operations Manager
1 week ago
Job Description:
We are seeking a highly skilled Reinsurance Operations Manager to join our team at EXL. As a key member of our organization, you will be responsible for managing the day-to-day operations of our reinsurance business.
Key Responsibilities:
- Business Operations: Oversee the setup and maintenance of treaty and facultative contracts in our reinsurance system, ensuring accurate and timely processing of ceded premiums and losses.
- Credit Management: Review and prepare payment/receipts to/from brokers and reinsurers, as well as cash application in our reinsurance system.
- Reporting and Analysis: Generate month/quarter-end closing reports, providing insights into our reinsurance business performance.
- Stakeholder Management: Communicate effectively with customers and internal stakeholders on a daily basis.
Competencies:
- Communication and Analytical Skills: Possess excellent written, verbal, and analytical skills to drive process improvements and meet SLAs.
- Decision-Making: Demonstrate good decision-making skills to achieve specific objectives.
- Time Management: Effectively balance quality, customer service, and productivity standards.
- Problem-Solving: Exhibits meticulous attention to detail and good problem-solving skills.
- Teamwork: Collaborate with cross-functional teams to drive business growth.
Eligibility Criteria:
- Education: Bachelor's degree or post-graduate with 5+ years of experience in reinsurance operations or accounting.
- Experience: Proven experience in client management and team handling, preferably in the field of reinsurance operations or accounting.
- Skills: Proficient in MS Excel (IF functions, VLOOKUP, HLOOKUP, PIVOT, INDEX/MATCH) and PowerPoint.
Estimated Salary Range: $80,000 - $120,000 per annum, depending on location and experience.
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