Assistant Manager/Deputy Manager - Deal Servicing

Assistant Manager/Deputy Manager - Deal Servicing

Description:

A valued client of Innoquest Consulting, a captive unit, is looking for Deal Servicing professionals with global experience who are ready to join within 30 days.

Job Responsibilities:

- Contribute to a team of Transaction Operations professionals providing the operational support for a large, sophisticated reinsurance portfolio of Insurance Linked Securities companies and segregated account transactions, including the supervision, oversight and training of direct reports.

- Contribute to the establishment, maintenance and enhancement of investor, reinsurance trustee and broker relationships.

- Ensure prompt drafting, review, execution trust and shareholder agreements, including all aspects of reinsurance agreement execution, endorsement, commutation and novation.

- Liaise with appropriate internal and external stakeholders such as Compliance teams, brokers and investors to ensure smooth deal flow.

- Review reinsurance trust agreement language, including Reg 114 Trusts, coordinating with brokers and reinsureds as required and oversee trust opening, collateral investment, maintenance, ongoing reporting and account closing processes.

- Ensure trust account withdrawal notices are executed promptly and payments made in a smooth, timely manner to investors and/or beneficiaries.

- Strive for the highest quality of client service; promptly identifying, escalating and resolving any issues, as required.

Qualifications and skills required:

- University degree or Reinsurance designation preferred.

- Excellent, professional written and verbal communications skills in client service environment.

- Strong organizational skills and attention to detail and ability to produce accurate and complete work to meet tight deadlines.

- Enthusiastic and strongly motivated self-starter.

- Ability to work independently and collaborate with colleagues within and across departments.

- Proficient in Microsoft Office Suite with working knowledge of reporting tools such as Power BI or Business Objects is beneficial.