Reinsurance_LM

Job description

**Job Description: Primary Responsibility:** - Prepare financial and management reporting - Perform Regulatory reporting such Schedule P, Schedule F etc - Review ceded premium and loss results from the reinsurance system - Manage review of reinsurance payments to the brokers/reinsurers - Review claims billings - Perform accounting transactions, manual journals Perform GL Reconciliation **Technical Skills** : - Good knowledge of ceded reinsurance - Sound analytical skill - MS Excel and other office tools Have an understanding of US GAAP **Education** - Bachelor’s degree or Post Graduate in Accounting, MBA (Finance) - Insurance/Reinsurance certifications preferred Primary Internal Interactions - LAM / Manager for the purpose of reporting performance, escalation handling, clarifying concerns, seeking support and monthly evaluation of performance - AVP for the purpose of settling issues left unresolved by the LAM /Manager - Subject Matter Expert for the purpose of handling process related issues, queries and escalated transactions - QCA for the purpose of associate performance feedback and audit in order to update the training curriculum - Primary External Interactions - Onshore teams for routine day to day tasks - Auditors for the purpose of getting Audit Requirements & supplying adequate documents - Trainers, SMEs and Operations for the purpose of developing and updating training curriculum, provide feedback on training and discussing specific action plans - Will interact extensively with onshore for US GAAP and regulatory reporting Escalations team at client end for the purpose of seeking clarifications & answering queries **Education Requirements** - Bachelor’s degree or Post Graduate in Accounting, MBA (Finance), CA Insurance/Reinsurance certifications preferred Work Experience Requirements **Lead Assistant Manager:-** - 4-5 years of experience in the field of Reinsurance operations or accounting - Overall experience of 7-10 Years - Hands on experience in working with large data - Analytical abilities Strong MS Excel and communication skills **Assistant Manager:-** - 2-4 years of experience in the field of Reinsurance operations or accounting - Overall experience of 5-7 Years - Hands on experience in handling reinsurance processes - Good MS Excel and communication skills **Responsibilities: Primary Responsibility:** - Prepare financial and management reporting - Perform Regulatory reporting such Schedule P, Schedule F etc - Review ceded premium and loss results from the reinsurance system - Manage review of reinsurance payments to the brokers/reinsurers - Review claims billings - Perform accounting transactions, manual journals Perform GL Reconciliation **Technical Skills** : - Good knowledge of ceded reinsurance - Sound analytical skill - MS Excel and other office tools Have an understanding of US GAAP **Education** - Bachelor’s degree or Post Graduate in Accounting, MBA (Finance) - Insurance/Reinsurance certifications preferred Primary Internal Interactions - LAM / Manager for the purpose of reporting performance, escalation handling, clarifying concerns, seeking support and monthly evaluation of performance - AVP for the purpose of settling issues left unresolved by the LAM /Manager - Subject Matter Expert for the purpose of handling process related issues, queries and escalated transactions - QCA for the purpose of associate performance feedback and audit in order to update the training curriculum - Primary External Interactions - Onshore teams for routine day to day tasks - Auditors for the purpose of getting Audit Requirements & supplying adequate documents - Trainers, SMEs and Operations for the purpose of developing and updating training curriculum, provide feedback on training and discussing specific action plans - Will interact extensively with onshore for US GAAP and regulatory reporting Escalations team at client end for the purpose of seeking clarifications & answering queries **Education Requirements** - Bachelor’s degree or Post Graduate in Accounting, MBA (Finance), CA Insurance/Reinsurance certifications preferred Work Experience Requirements **Lead Assistant Manager:-** - 4-5 years of experience in the field of Reinsurance operations or accounting - Overall experience of 7-10 Years - Hands on experience in working with large data - Analytical abilities Strong MS Excel and communication skills **Assistant Manager:-** - 2-4 years of experience in the field of Reinsurance operations or accounting - Overall experience of 5-7 Years - Hands on experience in handling reinsurance processes - Good MS Excel and communication skills Qualifications: B.com