Job Category Finance Accounting 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 discuss

📌 Assistant Manager|insurance|back Office (India)
🏢 EXL Service
📍 India