Description
- Handling reinsurance contracts- Treaty, FAC set-up
- Perform cession calculations and validate, ceded premium and loss results from the reinsurance system
- Preparing bordereaux, XOL and FAC billings to be sent to brokers/Reinsurers
- Collection of open recoverable, handle market queries
- Invoice review, Receivable/Payables reconciliation & settlement, agree LORS settlements
- Cash reconciliation and allocation
- Manual JE prep / support/ Topside allocation
- Deposit premiums adjustments
- Management reporting
- Regulatory reporting
Responsibilities
- Handling reinsurance contracts- Treaty, FAC set-up
- Perform cession calculations and validate, ceded premium and loss results from the reinsurance system
- Preparing bordereaux, XOL and FAC billings to be sent to brokers/Reinsurers
- Collection of open recoverable, handle market queries
- Invoice review, Receivable/Payables reconciliation & settlement, agree LORS settlements
- Cash reconciliation and allocation
- Manual JE prep / support/ Topside allocation
- Deposit premiums adjustments
- Management reporting
- Regulatory reporting
Qualifications
- Graduate with at least fifteen (15) years of education in any discipline
- ·6+ Years of relevant experience
- Knowledge of UK and Lloyds Insurance market preferable
- · Capability to conduct an appraisal discussion and assess different levels of performance and potential
- · Capability to communicate with large teams
- · Appreciation of the domain needs of the process and its key drivers
- · Reasonable level of business perspective regarding the internal functioning of BPO and Supplier’s organization
- · Valuable networking capability and client facing skills
📌 Lead Assistant Manager (Noida)
🏢 EXL
📍 Noida