Manager - Regulatory Reporting - Life Reinsurance

Job Dimensions are as below:

This position requires in-depth knowledge of Life reinsurance administration (accounting, preparation of reinsurance statements, invoice processing, interacting with multiple departments to address reinsurer queries, regulatory reporting activities, etc. The position requires frequent coordination and interaction with multiple stakeholders like Life Reinsurance Department, Underwriting Team, Claims Department, Actuarial Team, Reinsurers, etc

Desired Skill set - 

- Hands on experience with one or more reinsurance admin systems

- 8+ years of experience (minimum 5 years in Life Reinsurance Accounting/Reporting)

- Client Relationship Management

- Handling client issues/queries

The primary responsibilities of this role include -

- Create Business Requirement Documents and translate key information into the reinsurance systems.

- Research and resolve queries pertaining to any testing/coding.

- Accounting - Book accruals (journal entries related to premiums, commissions & claims), Process settlements, Bordereau/Settlement spreadsheet preparation and reconciliations including balancing and resolution of open items

- Regulatory Reporting - Preparation of regulatory filings (Schedule S and F, Page 27, Notes to Accounts, General Interrogatories), Fitch, S&P and AM Best surveys and Liaison with multiple departments/reinsurers

- Receivables Management - Preparation of invoices/billing statements to reinsurers, Tracking of outstanding receivables and Transfer of non-recoverable amount (>90 days)to non-admitted account

- Reinsurer Query Management - addressing reinsurer queries related to billing/claims, etc. and coordinating with actuarial/claims department to resolve queries

- Assist project team in the deployment/testing of any new admin system for reinsurance.

- Collaborate on any adhoc projects related to testing, new deployment, etc.

- Coordinate with multiple stakeholders like Life Reinsurance Department, Underwriting Team, Claims Department, Reinsurers, Actuaries, etc. on a regular basis.

- Provide subject matter expertise/ perform end to end review of the work performed/ establish controls/ streamline the process and develop domain knowledge of the offshore staff