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Reinsurance Manager/ AM


Genpact


Location

Noida | India


Job description

We are inviting applications for the role of

Manager - Reinsurance We are looking for professionals with Reinsurance domain experience who have a good understanding of upstream and downstream of Reinsurance Contracts and Accounting.

Responsibilities Ceded Premium/Loss Processing - Calculating and booking of ceded premiums & losses in the legacy system. Good knowledge in the reinsurance calculation of proportional/ non-proportional contracts Review & Preparation of Reinsurance Bordereau Cash Allocation in Ceded Application. (Preferably ProCede) Reinsurance Balance Payable and Receivable –Handling Reinsurance payments and collections Creating RI Journals, handling accounting transactions and Performing GL Reconciliations Review and preparation of Reinsurance Bordereau Ensure the quarterly and yearly instructions are reviewed and incorporated Responsible for the review and analysis of financial results, including analysis of actual results compared with expectations, as well as prior periods

Minimum Qualifications Graduation in Commerce Relevant work experience of a minimum 5-6 years Excellent Accounting conceptual knowledge to handle day to day operations and special events

Preferred qualifications Certification in P&C Insurance Good Reinsurance Knowledge

and relevant years of experience in Reinsurance Ability to do root-cause analysis for process gaps highlighted Collaborative approach towards resolving the issues with stake

Technical skills: Excellent command on Excel tools from day to day operations delivery standpoint Well versed with MS Excel, MS Word, MS Visio & MS PowerPoint Excellent Reinsurance Bordereau/Accounting conceptual knowledge to handle day to day operations and special events


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