Position Title Manager – Reinsurance Operations and accounting Function Reinsurance Finance & Accounting / Operations Location Noida, India Span of Control 8–15 FTEs 1.
Role Overview The Manager – Reinsurance Operations is responsible for end-to-end delivery and governance of reinsurance processes, ensuring timely, accurate, and compliant execution of treaty/facultative operations, technical accounting, and financial reporting. The role involves leading teams, driving process controls, managing stakeholder expectations, and ensuring audit readiness. This role requires strong expertise in ceded/assumed reinsurance lifecycle including contract setup, accounting, reporting, and claims handling. 2.
Key Responsibilities A. Operations & Delivery Management Manage end-to-end reinsurance operations including:
Contract setup (Treaty & Facultative) Premium, commission, and claims accounting Bordereaux / SOA processing Cash settlements and reconciliations Ensure timely and accurate delivery of daily, monthly, and quarterly activities Monitor SLAs/KPIs and ensure adherence to client commitments B. Team Management & Leadership Lead and manage a team of Analysts / Sr. Analysts / AMs Drive:
Performance management Training and knowledge development Backup planning and cross-skilling Provide SME support and resolve complex operational issues C.
Financial
Control & Compliance Ensure strong control framework across:
Journal Entries (MJE) and GL reconciliations Balance sheet substantiation Regulatory and financial reporting Drive audit readiness (SOX / Internal / External audits) Implement and monitor process controls and documentation standards D.
Stakeholder
Management Interface with
Onshore stakeholders / clients Auditors and compliance teams Internal functions (Training, Quality, Transformation, Finance) Manage escalations and ensure timely resolution E. Reporting & Analytics Oversee:
Financial and management reporting Regulatory reporting (e.g., Lloyd’s / IFRS / Solvency /NAIC) if applicable) Drive dashboarding, SLA reporting, and insights for senior leadership F.
Process
Improvement & Transformation Identify opportunities for:
Automation (e.g., BDX / reporting / reconciliations) Process standardization and efficiency Lead Lean / Six Sigma / transformation initiatives Enhance productivity and reduce errors 3.
Technical Skill
Requirements Strong understanding of
Ceded & Assumed Reinsurance Treaty & Facultative contracts Reinsurance accounting (premium, claims, reserves) Experience in:
GL accounting, reconciliations Regulatory reporting and compliance Tools:
MS Excel (Advanced) Reinsurance systems (Genius / URS / SAP / Oracle preferred) 4.
Qualifications Bachelor’s degree in accounting / finance MBA and accounting preferred Reinsurance / Insurance certifications preferred 5.
Experience 7–12 years of experience in Reinsurance Operations / Accounting Solid exposure to:
End-to-end reinsurance lifecycle Team management (8–15 FTEs) Client/stakeholder interaction 6. Key Competencies Strong analytical and problem-solving skills Attention to detail and audit mindset Leadership and people management Effective communication and stakeholder handling Process improvement and automation mindset
📌 Manager (Noida)
🏢 EXL
📍 Noida