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Specialist - Transactional Services

3 months ago

Mumbai, India Marsh McLennan Companies Full time

Description:

Helps develop client and/or reinsurer presentation materials and communications to resolve difficult questions and secure reinsurer agreements and payments of claims and account balances.

Analyzes basic Key Performance Indicators (KPIs) and other system tools to manage basic transactional processes in a regulatory compliant manner.

Participates in team and department meetings and activities to share opinions, ideas, knowledge and solutions, and seeks opportunities to increase own understanding of the services provided.

Collects detailed information on accounting/claims process for Request For Proposal (RFP) and sales opportunities to drive business growth.

Handles the settlement of funds to and from clients in a timely manner to ensure all applicable contractual payment terms; warranties, and/or conditions are met.

Coordinates and attends basic reinsurance audit/reviews with clients and reinsurers and reviews open claims and/or premium activity, reconciles records in order to facilitate the review/audit process to ensure process quality.

Collaborates with peers on basic reinsurance developments, to support discussion and the development of a point of view.

Participates in training sessions, and provides input within the team and/or department for all aspects of reinsurance service processing to assist with trouble shooting and to help develop team resources.