Treaty Reinsurance

1 week ago

Goregaon East Mumbai Maharashtra, India Serving Skill Full time

 To render all type of account keeping in view the time limit

as per the agreement

 Preparation and consolidation of Risk & Claims Registers,

Upload of premium registers, reconciliation of vendor

accounts, verification of RI allocation

 RI allocation of Claims paid and claims intimation registers,

various treaty returns, maintaining treaty records,

 To process and prepare reinsurance returns under various

type of reinsurance agreement

 Control register of cessions, Preparation of master and

reference master for reinsurance, follow up of payments and

receipts from reinsurers,

 Preparation of JV’s, Debit notes, Coordination with

participating reinsurers for treaties and facultative

placements, processing of payments to reinsures,

 Returns to Regulator, year end entries & returns, rendering

accounts to Terrorism pool, follow up for retro-cessions.

 Compliance to documented BPMS processes

 Clarify queries raised by audit department

 Assist in treaty renewal process

 To handle balance sheet items in regards to reinsurance

Skills & Competencies  Underwriting & Accounting skills with knowledge of MS

Office.

Interface

(a) Internal Underwriting, claims, accounts, audit, product and IT at corporate

level

(b) External Insurers, Reinsurers & Reinsurance Intermediaries

Qualification and Experience:
 Professional qualification in insurance / reinsurance, exposure

in reinsurance market

 Post Graduation / MBA

5-7 years of Experience in Reinsurance

**Job Types**: Full-time, Permanent, Fresher

**Salary**: ₹45,000.00 - ₹60,000.00 per month

Schedule:

- Fixed shift
- Monday to Friday

**Experience**:

- total work: 1 year (preferred)

Work Location: In person

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