Strategic Reinsurance Operations Manager

1 week ago


Noida, Uttar Pradesh, India exl Full time

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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