Manager/Senior Manager - Reinsurance - Finance
Description: Our client is a leading life insurance client based at Mumbai
Purpose of the role:
Managing ReNova system, reinsurance accounting along with preparation of reinsurance regulatory reports
Role:
- Understanding of various reinsurance arrangements.
- Implementation of reinsurance arrangements in the ReNova system.
- Understanding of insurance product / reinsurance treaties.
- Calculation of reinsurance premiums/Claims/Reserves.
- Preparing reinsurance bordereaux and accounts.
- Sharing bordereaux with reinsurers within timeline.
- Follow up for invoices and submission for settlement of the accounts.
- Managing Internal department co-ordination with Claims/UW/Group/Actuaries etc. - Regulatory reporting (IRDAI).
Competencies required:
- Domain knowledge (SME).
- Customer orientation.
- Creativity and Innovation.
- Faster execution.
- Decision Making.
- Drive projects.
- Collaboration with cross-functional team.
Education/Work related skills/Qualifications:
- Graduate/Post graduate and experience 3+ years
- Excellent command over ReNova/DCS.
- Advance MS Office (Excel, Access, PPT).
- SQL.
- Good communication.
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