Assistant Manager

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 5+ years of experience for AM
• 2+ years of experience in the field of Reinsurance operations or accounting for AM and
• 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