
Senior Reinsurance Operations Specialist
1 day ago
Job Overview:
We are seeking a skilled Reinsurance Professional to join our team. As an Assistant Manager, you will be responsible for handling reinsurance contracts, performing cession calculations, and preparing bordereaux.
Key Responsibilities:
- Handle reinsurance contracts, including treaty and FAC set-up
- Perform cession calculations and validate ceded premium and loss results
- Prepare bordereaux, XOL, and FAC billings for brokers/reinsurers
- Collect open recoverables and handle market queries
- Review invoices, reconcile receivables/payables, and settle agreements
- Cash reconciliation and allocation
- Manual JE preparation, support, and topside allocation
- Deposit premium adjustments
- Management reporting
- Regulatory reporting
Requirements:
- Bachelor's degree or postgraduate in commerce with 4+ years of experience
- 2+ years of experience in reinsurance operations or accounting
- Client management experience
- Proficiency in MS Excel (IF functions, VLOOKUP, HLOOKUP, PIVOT, INDEX/MATCH) and PowerPoint
- Desirable: certification in property and casualty insurance
- Knowledge of London Market reinsurance preferred
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