Senior Reinsurance Professional

8 hours ago


Noida, Uttar Pradesh, India beBeeReinsurer Full time ₹ 10,00,000 - ₹ 15,00,000
Job Role Overview:

This role is pivotal in providing leadership on ceded reporting, both internally and externally. Key tasks include regulatory compliance, ad-hoc claim responses, collateral management, stop-loss contract administration, whole-account quota-share reporting, and supporting the broader offshore reinsurance team.

Key Responsibilities:
  1. Regulatory Compliance:
    • Annual Cat and TRIA Regulatory returns
    • Bermuda Cat Regulatory returns
    • AM Best ILS/ILW annual regulatory reports
  2. Ad-Hoc Claim Responses:
    • Netting down of large claims
    • Reporting back of net position and associated reinsurance recoveries
  3. Collateral Management:
    • Quarterly management of collateralized excess of loss placements
    • Calculation of trapped collateral
    • Release of collateral amounts to reinsurers
  4. Stop-Loss Contract Administration:
    • Management of key stop-loss contracts
    • Ultimate loss values/ratios against reinsurance cover
    • Trapped collateral releases
  5. Whole-Account Quota-Share Reporting:
    • Preparation and management of quarterly reports
    • Collation of information from Reserving, Finance, Operations, and business narratives
  6. Support to Broader Offshore Team:
    • Assistance with month-end and quarter-end processes
    • Credit control
    • Calculation of XOL and Facultative reinsurance claims
    • Support various projects and change activities


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