- 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
Positive 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