Assistant Manager | Insurance| Back Office

Job description

- Job Description: Reinsurance Setup, Sanctions & Submission clearance in the system. - LPAN creation and/or submission and/or review - Facultative & Treaty Reinsurance Contract Management - Setting up & maintaining the reinsurance contract. - Post bind work like Cancellation/endorsement management. - Premium - Calculating and booking of reinsurance premiums and processing bordereaux in the system. - Calculating & booking of contractual obligations like Profit commission, Prem adjustments, No claims bonus etc. - Ensure the quarterly and yearly instructions are reviewed and incorporated. - Analysis of actual results compared with expectations, as well as prior periods. - Communicate with customer on day-to-day basis and internal stakeholder on regular basis - Team handling skills, daily query handling, feedback management to iron out the operational challenges and driving improvements (Lean) to bring better controls. - Exposure towards training methodology to drive effective training to bring desired result. - Responsibilities: Must have P&C Insurance and Reinsurance background - Knowledge of UK Insurance industry preferable - LPAN knowledge is an added advantage - Capability to conduct an appraisal discussion and assess different levels of performance and potential - Capability to communicate with large teams - Appreciation of the domain needs of the process and its key drivers - Reasonable level of business perspective regarding the internal functioning of BPO and Supplier’s organization Good networking capability and client facing skills - Qualifications: Graduate with at least fifteen (15) years of education in any discipline - 5+ years of experience in the relevant domain