Treaty Reinsurance

2 weeks 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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