Skill Set / Job Spec | Key Responsibility Areas including preferred Skills and Experience - Handling reinsurance contracts- Treaty, FAC set-up
- Perform cession calculations and validate, ceded premium and loss results from the reinsurance system
- Preparing bordereaux, XOL and FAC billings to be sent to brokers/Reinsurers
- Collection of open recoverable, handle market queries
- Invoice review, Receivable/Payables reconciliation & settlement, agree LORS settlements
- Cash reconciliation and allocation
- Manual JE prep / support/ Topside allocation
- Deposit premiums adjustments
- Management reporting
- Regulatory reporting
Competencies: - Good communication both written, verbal, and analytical skills
- Good decision-making skill
- Committed to achieving specific objectives and takes ownership for accomplishing them.
- Effectively balances quality, customer service and productivity standards
- Ability to prioritize & multi-task
- Exhibits meticulous attention to detail
- Good problem solving & analytical skills
- Capable of working with tight deadlines and working under pressure
Eligibility Criteria: - Bachelor's degree or Post Graduate in Commerce with overall 7+ years of experience
- 3+ years of experience in the field of Reinsurance operations or accounting
- Client management experience
- Proficiency in MS Excel (IF functions, VLOOKUP, HLOOKUP, PIVOT, INDEXMATCH) and PowerPoint
- Desirable-Certification in P&C Insurance
- Knowledge of London Market reinsurance preferred
|
