Hiring for Reinsurance operations for Life insurance industry.

Salary upto 15 LPA

Job location - Gurgaon, Sector 44.

Qualifications

Highest Education: Graduate or post graduate

8+ years of experience in Life Insurance/Reinsurance Operations.

III. Robust knowledge of treaty administration, premium and claims accounting, and reinsurance reporting.

Job Objective The Manager - Life Reinsurance Operations is responsible for overseeing end-to-end life reinsurance operations, including treaty administration, premium and claims computation, reporting, reconciliations,

provisioning, stakeholder management, and operational excellence. The role ensures accurate and timely delivery of reinsurance transactions, statutory and management reporting, account settlements, and effective coordination with reinsurers and internal stakeholders.

The incumbent will also be responsible for managing the ReNova reinsurance administration system,



supporting new treaty implementations, performing UAT and data validation, and driving process improvements while ensuring adherence to service level agreements (SLAs).

Key Responsibility Areas

Reinsurance Treaty setup & UAT in ReNova application

- Monthly Premium/Claims computation using ReNova
- Reinsurance provisions and monthly computations
- Lesioning with internal departments i.e. Actuaries, claims, finance, U/W and IT
- Lesioning with the Reinsurers and escalation handling
- Testing of new setups and review of data and good eye on numbers
- Hands-on experience with ReNova or similar reinsurance administration systems.
- Experience in stakeholder management, reconciliations, UAT, and process improvement initiatives

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