Assistant Manager | Insurance| Back Office

Job details

Job Description: Reinsurance Setup, Sanctions & Submission clearance in the system.
LPAN creation and/or submission and/or review
Facultative & Treaty Reinsurance Contract Management - Setting up & maintaining the reinsurance contract.
Post bind work like Cancellation/endorsement management.
Premium - Calculating and booking of reinsurance premiums and processing bordereaux in the system.
Calculating & booking of contractual obligations like Profit commission, Prem adjustments, No claims bonus etc.
Ensure the quarterly and yearly instructions are reviewed and incorporated.
Analysis of actual results compared with expectations, as well as prior periods.
Communicate with customer on day-to-day basis and internal stakeholder on regular basis
Team handling skills, daily query handling, feedback management to iron out the operational challenges and driving improvements (Lean) to bring better controls.
Exposure towards training methodology to drive effective training to bring desired result.

Responsibilities: Must have P&C Insurance and Reinsurance background
Knowledge of UK Insurance industry preferable
LPAN knowledge is an added advantage
Capability to conduct an appraisal discussion and assess different levels of performance and potential
Capability to communicate with large teams
Appreciation of the domain needs of the process and its key drivers
Reasonable level of business perspective regarding the internal functioning of BPO and Supplier’s organization

Good networking capability and client facing skills

Qualifications: Graduate with at least fifteen (15) years of education in any discipline
5+ years of experience in the relevant domain