Job Description:

V. 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.
VI. 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).

VII. Key Responsibility Areas
Key Result Areas Activities

Reinsurance Operations
- 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 current 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

VIII. Key Performance Indicators
Financial
• Closure reinsurance settlement as per agreed timelines with utmost accuracy.
Customer • Act as the primary liaison with reinsurers, brokers, and internal stakeholders.
• Coordinate with Actuarial, Underwriting, Claims, Finance, Operations, and IT teams to ensure seamless execution of reinsurance processes.
• Handle reinsurer queries, discrepancies, settlements, and escalations within agreed timelines.
• Ensure timely delivery of data, reports, invoices, and account balances to reinsurers.
Process Process & Quality Management
• Manage treaty setup, configuration

📌 Manager (Gurugram)
🏢 Canara HSBC Life Insurance
📍 Gurugram