About Company

The company is a global provider of operations management and analytics services, with a focus on helping businesses optimize their processes and improve performance. It offers a range of industry-specific solutions, including finance and accounting, healthcare, insurance, analytics, and technology services. The company's solutions are powered by advanced analytics, automation, and digital technologies to drive efficiencies and enhance customer experience. In 2021, the company generated over $3 billion in revenue, and its workforce comprises over 40,000 skilled professionals across multiple locations worldwide. The company is committed to fostering a culture of innovation and collaboration to deliver value for its clients and employees alike.

Objectives/purpose of the job:

• Sound knowledge of reinsurance contracts; ability to draft reinsurance contract wordings based on prior year’s wordings.


• Understanding of Reinsurance operation and accounting of Premium and Losses, Topside Premium, and Losses Adjustment.


• Efficient team management and continuous coaching to achieve business goals.


• Resolve team queries promptly and assist in their professional development.


• Complete operations management for end-to-end processes, including Claim notice, collections, Cash applications, month-end premium and loss JEs, reconciliation, and reinsurance reporting.


• Ensure timely and accurate delivery of daily, monthly, and periodic processing of client requirements.


• Handle escalations related to operational issues.


• Ensure proper documentation of workflow for all client activities.


• Interact with clients daily, responding to their requirements promptly and re-aligning priorities as needed.


• Understand and anticipate clients' business needs, concerns, and issues; proactively resolve them.


• Create systems and checks for internal compliance policies and guidelines, ensuring clear and precise record maintenance.

Role and Responsibilities:

NA

Required experience and qualification:

Competencies:

• Good knowledge of Reinsurance Business.
• Excellent written, verbal, and analytical communication skills.
• Strong decision-making skills.
• Commitment to achieving specific objectives; takes ownership for accomplishing them.
• Balances quality, customer service, and productivity standards effectively.
• Ability to prioritize and multi-task.
• Meticulous attention to detail.
• Strong problem-solving and analytical skills.
• Capable of working with tight deadlines and under pressure.
• Acts as a liaison between team members and management, bringing issues/concerns to management's attention.

Eligibility Criteria:

Senior Manager (SM):

• Bachelor’s degree or Post Graduate.
• Overall 9-12 years of experience.
• 3+ years of supervisory experience in Insurance/Reinsurance accounting.
• Proficiency in MS Excel and PowerPoint.
• Desirable: Knowledge of Life Insurance/Reinsurance domain.
• Preferable experience in Oracle, Essbase, SmartView, TAI, Blackline, and Schedule S.

Manager:

• Bachelor’s degree or Post Graduate.
• Overall 7-9 years of experience.
• 2+ years of supervisory experience in Insurance/Reinsurance accounting.
• Proficiency in MS Excel and PowerPoint.
• Desirable: Knowledge of Life Insurance/Reinsurance domain.
• Preferable experience in Oracle, Essbase, SmartView, TAI, Blackline, and Schedule S.

Skills

Insurance Reinsurance accounting MS Excel PowerPoint Oracle Essbase SmartView TAI Blackline

Other Requirements

NA