We are currently looking for an experienced Senior Analyst - Pro Rata Handler to join our Reinsurance Servicing team in Mumbai.
Responsibilities
Managing proportional treaty accounting and servicing activities while ensuring compliance with contractual obligations, business processes, and service standards.
Analyze and interpret technical proportional treaty documentation and bordereaux received from clients.
Process and manage treaty accounting activities in line with contractual conditions and operational procedures.
Independently handle client, reinsurer, and claims-related queries, ensuring timely resolution and escalation where required.
Review and maintain operational and financial reports, ensuring accuracy and completeness.
Support Account Managers, Client Service Advocates, and Placing Teams with renewal and servicing information.
Monitor outstanding balances, bureau debt, and uncorrelated cash positions, driving timely resolution.
Build and maintain robust relationships with internal and external stakeholders.
Ensure compliance with regulatory requirements, company policies, and industry best practices.
Deliver against established SLA, quality, turnaround time (TAT), and productivity targets.
What We're Looking For
Experience- Relevant experience in Insurance/Reinsurance Operations
Hands-on exposure to Proportional Treaty (Pro Rata) servicing/accounting
Experience managing client portfolios and stakeholder interactions
Understanding of treaty accounting, bordereaux processing, and post-placement servicing activities
Technical Knowledge- Solid understanding of Reinsurance concepts and treaty documentation
Awareness of accounting fundamentals (debits, credits, settlements, reconciliations)
Valuable knowledge of Microsoft Excel and MS Office applications