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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
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
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
· Positive networking capability and client facing skills
📌 Lead Assistant Manager Noida
🏢 EXL
📍 Noida