Job Description of Claims Executive

Key Responsibilities

1. Accurately book claim liability as per treaty conditions in the Reinsurer’s system

of all claims notified by cedent. Pass necessary adjustment entries in case of

any differential amount in claim liability as compared to initial booking.

2. Liaise with Reinsurer to resolve any query related to claim liability booking to

ensure accurate claim liability booking.

3. Ensure all documents related to claims are uploaded in Reinsurer’s system from

record and audit perspective.

4. Tracking of emails received by Reinsurer and ensure prompt responses to cedent

companies wherever required.

5. Receive, review periodic Premium and Claims Bordereaux and verify the

calculations of premium, cedent retention, quota / surplus share , cedent /

Reinsurer share in premium and ensure the calculations are in line with the

applicable treaty conditions.

6.



Reconcile the Reinsurer data with the cedent bordereaux data and identify

anomalies, mismatches, duplicate entries, incorrect calculations and arrive at

adjustment entries to tally both records.

7. Align all activities in line with client requirement thereby ensuring that client

requirements are met in a timely and accurate manner.

Proficiency

1. Positive written and verbal communication skills to enable liaise with Reinsurer via

emails/ calls

2. Proficient in advanced MS Excel

Education: Bachelor’s degree required; preference will be given to candidates with a

Commerce background

Pay: ₹12,000.00 - ₹17,000.00 per month

Benefits:

- Health insurance

Work Location: In person

📌 Claims Executive (Malad)
🏢 Techsurance
📍 Malad