AddressDeputy Manager/Asst Manager Accounts (Treaty) - Insurance
Deputy Manager/Asst Manager - Accounts (Treaty)
Purpose: Controlling Technical Part of Treaty Reinsurance
Location: Corporate office, Goregaon, Mumbai.
Reporting to: Chief Manager/Senior Manager - Treaty
Span of Control ( Nos of Reportees ): Executives
Responsibilities:
- To render all type of account keeping in view the time limit as per the agreement
- Preparation and consolidation of Risk & Claims Registers,
- Upload of premium registers, reconciliation of vendor accounts, verification of RI allocation
- RI allocation of Claims paid and claims intimation registers, various treaty returns, maintaining treaty records,
- To process and prepare reinsurance returns under various type of reinsurance agreement
- Control register of cessions, Preparation of master and reference master for reinsurance, follow up of payments and receipts from reinsurers,
- Preparation of JV's, Debit notes, Coordination with participating reinsurers for treaties and facultative placements, processing of payments to reinsures,
- Returns to Regulator, year end entries & returns, rendering accounts to Terrorism pool, follow up for retro-cessions.
- Compliance to documented BPMS processes
- Clarify queries raised by audit department
- Assist in treaty renewal process
- To handle balance sheet items in regards to reinsurance
Skills & Competencies: Underwriting & Accounting skills with knowledge of MS Office.
Interface:
(a) Internal Underwriting, claims, accounts, audit, product and IT at corporate level
(b) External Insurers, Reinsurers & Reinsurance Intermediaries
Qualification and Experience :
- Professional qualification in insurance / reinsurance, exposure in reinsurance market
- Post Graduation / MBA
- 5-7 years of Experience in Reinsurance
