- Job Description: Manage end‑to‑end reinsurance operations including system setup, sanctions checks, submissions, and facultative/treaty contract administration.

Handle post‑bind activities such as cancellations, endorsements, and accurate calculation and booking of reinsurance premiums and bordereaux.

- Calculate and record contractual obligations including profit commission, premium adjustments, and no‑claims bonuses, ensuring compliance with quarterly and annual instructions.
- Perform variance analysis of actual results against expectations and prior periods, while maintaining regular communication with customers and internal stakeholders.
- Lead teams through daily operations, query resolution, Lean process improvements, and structured training initiatives to enhance controls and performance.

- - Responsibilities: · Reinsurance Setup, Sanctions & Submission clearance in the system.

- - 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.

- - Qualifications: · Graduate with at least fifteen (15) years of education in any discipline

- - 4+ years of experience for AM and 7+ Years of experience for LAM

- Knowledge of UK Insurance industry preferable
- - Experience in Open Co preferable

- - 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

📌 Lead Assistant Manager |Insurance|Back Office (India)
🏢 EXL Service
📍 India