Chief Manager - Reinsurance

Description: A dynamic and energetic Subject Matter Expert (SME) to support reinsurance team in managing overall reinsurance activities with a high level of integrity, faster execution, respect for timeline and efficient interaction with internal and external stakeholders.

Roles & responsibilities:-:

Managing ReNova system, reinsurance accounting along with preparation of reinsurance regulatory reports including but not limited to the following activities:.

- Managing Reinsurance function (team of 6 member).

- Understanding of various reinsurance arrangements.

- Understanding of insurance product / reinsurance treaties.

- Implementation of reinsurance arrangements in the ReNova system.

- Calculation of reinsurance premium / claims / SAR.

- Preparing reinsurance bordereaux and accounts.

- Sharing bordereaux with reinsurers within timeline.

- Follow up for invoices and submission for settlement of the accounts.

- Internal department co-ordination with Claims/UW/Group/Actuaries etc.

- Regulatory reporting (IRDAI).