Treaty Administration
- Administer reinsurance treaties throughout the contract lifecycle.
- Execute treaty onboarding and implementation activities.
- Maintain treaty inventories, supporting documentation, and operational workflows.
- Interpret treaty provisions and ensure administrative processes align with contractual requirements.
- Coordinate treaty changes, amendments, and operational setup activities.
- Monitor treaty performance and identify operational risks, control gaps, and process improvement opportunities.
- Manage Modified Coinsurance (ModCo), funds withheld arrangements, annuity reinsurance programs, and Pension Risk Transfer (PRT) reinsurance agreements.
- Accounting and Settlement Operations
- Perform monthly, quarterly, and annual close-related reinsurance activities.
- Calculate, review, and process reinsurance billings and settlements.
- Prepare and review journal entries associated with reinsurance transactions.
- Manage ceded premium, claims reimbursement, reserve settlements, and other treaty-related balances.
- Monitor and resolve outstanding recoverables and settlement discrepancies.
- Coordinate with Accounting and Finance teams to ensure accurate financial reporting.
- Support general ledger reconciliations and account certification activities.
- Reconciliations and Controls
- Perform reconciliations between operational systems, accounting records, settlement reports, and treaty calculations.
- Investigate and resolve data variances and operational exceptions.
- Execute and document SOX control activities.
- Support internal control testing and remediation efforts.
- Maintain audit-ready documentation supporting key operational processes and financial transactions.
- Reporting and Analytics
- Prepare recurring operational and financial reports.
- Support management reporting and key performance indicator development.
- Deliver data analytics to support decision-making and operational oversight.
- Provide reinsurance data and insights to Finance, Accounting, Actuarial, and Risk Management stakeholders.
- Leverage reporting tools and business intelligence platforms to improve transparency and operational performance.
- Audit, Regulatory, and Governance Support
- Support internal, external, and regulatory audits.
- Respond to audit inquiries and documentation requests.
- Ensure compliance with internal policies, regulatory requirements, and treaty provisions.
- Support statutory, GAAP, and regulatory reporting activities, as applicable.
- Participate in governance and data quality initiatives.
- Stakeholder Management
- Serve as a key operational liaison across Finance, Accounting, Actuarial, Reinsurance Strategy, Technology teams, external reinsurers, and external auditors.
- Facilitate issue resolution and operational decision-making.
- Communicate complex reinsurance concepts to both technical and non-technical audiences.
📌 Unit Manager - Operations (Noida)
🏢 MetLife
📍 Noida