15 Oct
|
Swiss Re
|
Bengaluru
15 Oct
Swiss Re
Bengaluru
Job highlights
- Graduate / Postgraduate in Commerce,Accounting,Insurance,or a related field. Strong understanding of insurance products and the insurance / reinsurance value chain. 5-7 years of experience in banking,insurance,or financial services.
- Combining experience with creative thinking and cutting-edge expertise,we create new opportunities and solutions for our clients
About Role In line with our continued focus on strengthening L&H; CORE Operations, this role presents an exciting opportunity to contribute to the efficient execution of operations within the L&H; business The role holder will be responsible for managing end-to-end transactions for assigned portfolios, ensuring timely and high-quality deliverables through a solid understanding of reinsurance accounting principles A key responsibility includes reconciling client payments (e-g , premiums) and disbursements (e-g
, claims) against expected values
Key Responsibilities The jobholder is accountable for effectively handling transactions for the allocated portfolios/end to end processing and ensuring targets are met with quality output within defined turnaround times through adequate understanding of reinsurance accounting principles
Improvising & upskilling while working within a set framework of policies and processes is key to the role
Operations
Data Handling & Visualization:
Experience working with large datasets (10 lakh+ rows in Excel)
Strong attention to detail with the ability to identify anomalies against contractual terms
Claims Validation
Interpret treaty terms to ensure accurate claims processing in line with contractual obligations
Premium Rate Validation
Validate premium rates to confirm accurate client billing
Reconcile client-reported figures with Swiss Re contractual data
Cash Handling & Reconciliation:
Analyze unallocated cash balances and accruals
Perform booking movement analysis against expected figures
Proactively follow up with clients on outstanding payments and account discrepancies
Insurance/Reinsurance Knowledge
Familiarity with insurance and reinsurance concepts and terminology
Interest in market trends, new product developments, and global regulatory updates
People
Collaborate effectively with team members and contribute to market-specific activities
Deliver results within matrixed teams and support broader functional goals
Demonstrate ownership and accountability in meeting stakeholder expectations and ensuring operational integrity
Cross Functional Team (XFT) Coordination
Build strong communication channels with cross-functional teams to enhance client relationships
Proactively identify and resolve issues in collaboration with XFT
Ensure efficient coordination of business processes and portfolio management with XFT support
About You
Graduate/Postgraduate in Commerce, Accounting, Insurance, or a related field
Strong understanding of insurance products and the insurance/reinsurance value chain
5-7 years of experience in banking, insurance, or financial services
Excellent analytical skills and numerical aptitude
Proficiency in Data with workable skills in MS Excel (including advanced functions), SAS, and SQL
Strong interpersonal and communication skills (both written and verbal)
Ability to challenge the status quo and manage multiple stakeholders in a virtual, multicultural environment
Self-motivated team player with a solid sense of accountability, responsibility, and commitment
About Swiss Re
Swiss Re is one of the worlds leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient
We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime
We cover both Property & Casualty and Life & Health
Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients
This is possible thanks to the collaboration of more than 14,000 employees across the world
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking
We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience
Keywords
Reference Code: 135129
📌 TA Specialist (Bengaluru)
🏢 Swiss Re
📍 Bengaluru