Assistant Manager
Skills
About the role
Job Description: Primary Responsibility:
Complete Operation Management for Reinsurance processes
Timely and accurate delivery of daily, monthly and periodic processing of client requirements
Supports the team as a Reinsurance SME in day to day operations
Driving quality initiatives and transformation ideas
Drive and Measure robust process controls in the process
Lead a team of 8 – 15 Analyst / Sr Analyst
Manage level 2 escalations
SLA / Dashboard reporting
Technical Skills :
Strong knowledge of ceded reinsurance
Excellent analytical skill
MS Excel and other office tools
Knowledge of Genius / URS preferred
Primary Internal Interactions
Team members for day to day operations support, queries, knowledge support
Sr/Manager/Sr. AVP for the purpose of reporting performance, escalation handling, clarifying concerns, seeking support and monthly evaluation of performance
PE team for any data requirements for process performance
Internal stakeholders like, compliance, training teams, HR, transformation team
Internal auditors for process audits
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
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)
Insurance/Reinsurance certifications preferred
Work Experience Requirements
Primary Responsibility:
Complete Operation Management for Reinsurance processes
Timely and accurate delivery of daily, monthly and periodic processing of client requirements
Supports the team as a Reinsurance SME in day to day operations
Driving quality initiatives and transformation ideas
Drive and Measure robust process controls in the process
Lead a team of 8 – 15 Analyst / Sr Analyst
Manage level 2 escalations
SLA / Dashboard reporting
Technical Skills :
Strong knowledge of ceded reinsurance
Excellent analytical skill
MS Excel and other office tools
Knowledge of Genius / URS preferred
Primary Internal Interactions
Team members for day to day operations support, queries, knowledge support
Sr/Manager/Sr. AVP for the purpose of reporting performance, escalation handling, clarifying concerns, seeking support and monthly evaluation of performance
PE team for any data requirements for process performance
Internal stakeholders like, compliance, training teams, HR, transformation team
Internal auditors for process audits
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
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)
Insurance/Reinsurance certifications preferred
Work Experience Requirements
Responsibilities: Managing ceded reinsurance operations task from Setting up treaty and FAC contracts in RI system, premium & claims, calculation of Profit/Sliding Scale Commissions, Reinstatement premium, Premium adjustments, Premium and claims cession management, bordereaux, billings & collections, treaty and FAC payments and cash application
Qualifications: Bachelor degree 4-6 years of experience in Reinsurance Operations
Questions about this role
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