Position Title Assistant Manager Lead Assistant Manager (Reinsurance) | Function, Responsibility LevelReinsurance Operations, Assistant Manager Reinsurance Operations, Lead Assistant Manager | Reports to Manager - Reinsurance Operations Sr. Manager - Reinsurance Operations |
. 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 |