Reinsurance Operations (Gurugram)

Reinsurance Operations (Gurugram)

27 Aug
|
Canara HSBC Life Insurance
|
Gurugram

27 Aug

Canara HSBC Life Insurance

Gurugram

Key Responsibilities

End-to-End Reinsurance Operations
- Manage complete Life Reinsurance operations across individual and group business portfolios.
- Administer reinsurance treaties including setup, configuration, maintenance, and amendments.
- Perform monthly premium, claims, reserve, and provision computations using ReNova or similar reinsurance administration systems.
- Prepare and validate reinsurance settlements, account statements, and outstanding balances.
- Ensure timely processing of premium and claims accounting with high accuracy.

Treaty Administration & ReNova Management
- Configure and maintain treaty setups in the ReNova application.
- Support implementation of new treaties and product changes.
- Lead User Acceptance Testing (UAT) for treaty changes, system enhancements, and recent business implementations.
- Validate system outputs, financial computations, and operational data before deployment.

Reporting & Financial Reconciliations
- Prepare monthly, quarterly, and annual reinsurance reports.




- Perform financial reconciliations between internal systems and reinsurer statements.
- Ensure accurate provisioning and reserve calculations.
- Monitor outstanding balances and drive timely account settlements.

Stakeholder & Reinsurer Management
- Act as the primary liaison between reinsurers, brokers, and internal business teams.
- Collaborate with Actuarial, Underwriting, Claims, Finance, Operations, and IT teams for seamless execution.
- Handle reinsurer queries, discrepancies, settlements, and escalations within agreed timelines.
- Ensure timely sharing of reports, invoices, and settlement statements with reinsurers.

Process Improvement & Quality Management
- Review data quality, reconciliations, and transaction accuracy.
- Identify automation and process improvement opportunities.
- Ensure adherence to operational controls, SLAs, audit requirements, and regulatory compliance.
- Support internal and external audits and close audit observations within t

📌 Reinsurance Operations (Gurugram)
🏢 Canara HSBC Life Insurance
📍 Gurugram

Reply to this offer

Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.

Subscribe to this job alert:

Get the latest job offers by email for: reinsurance operations (gurugram) / gurugram