Key Responsibilities
1. Accurately book claim liability as per treaty conditions in the Reinsurer’s system of all claims notified by cedent. Pass necessary adjustment entries in case of any differential amount in claim liability as compared to initial booking.
2. Liaise with Reinsurer to resolve any query related to claim liability booking to ensure accurate claim liability booking.
3. Ensure all documents related to claims are uploaded in Reinsurer’s system from record and audit perspective.
4. Tracking of emails received by Reinsurer and ensure prompt responses to cedent companies wherever required.
5. Receive, review periodic Premium and Claims Bordereaux and verify the calculations of premium, cedent retention, quota / surplus share , cedent / Reinsurer share in premium and ensure the calculations are in line with the applicable treaty conditions.
6. Reconcile the Reinsurer data with the cedent bordereaux data and identify anomalies, mismatches, duplicate entries, incorrect calculations and arrive at adjustment entries to tally both records.
7. Align all activities in line with client requirement thereby ensuring that client requirements are met in a timely and accurate manner.
Pay: ₹20,000.00 - ₹25,000.00 per month
Benefits:
- Health insurance
- Paid sick time
Application Question(s):
- What is your current and expected CTC, and joining period?
Education:
Experience:
- Insurance and Reinsurance processes: 1 year (Required)
- Insurance Claims Reporting: 1 year (Required)
- Insurance Claims Processing: 1 year (Required)
Language:
Location:
- Malad West Dely, Mumbai, Maharashtra (Required)
Work Location: In person
