Assistant Manager/ Senior executive- Life (Reinsurance)

Department

• Life Reinsurance

Designation

• Senior Executive or Assistant Manager (depending on qualification and relevant experience)

Qualifications

• Graduate (B.Com preferred)
• Very good English communication skills
• Excellent working knowledge of Ms-Excel and Ms-Word.
• Finance or Life Insurance operations work experience
• Knowledge of Life Reinsurance will be a major plus point
• Good knowledge of Ms-Access

Job Description

• Work on Group Life proposals received from Life Insurance partners. This will include data disciplining, calculating and presenting the data in pre-agreed formats to Reinsurers
• Provide Reinsurers’ terms to Life Insurance companies after taking supervisor’s approval
• Co-ordinate with Life Insurance companies and Reinsurers on a daily basis and form a very good working relationship with them
• Reconcile accounts quarterly with the Life insurance companies and the Reinsurers and issue necessary invoices
• Facilitate the settlement of the quarterly accounts and provide allocation details to Finance department
• Maintain record as per regulatory requirements
• There will be a probation period of 6 months. On the job training will be provided during that period before the employee is expected to effectively execute all of the above functions.

Salary

• Annual CTC of 4-6 lacs per annum (depending on qualification and relevant experience)

Job Types: Full-time, Permanent

Pay: ₹400,000.00 - ₹600,000.00 per year

Benefits:

• Cell phone reimbursement
• Commuter assistance
• Health insurance
• Leave encashment
• Provident Fund

Schedule:

• Day shift
• Monday to Friday

Supplemental Pay:

• Performance bonus

Language:

• English (Required)

Work Location: In person

Expected Start Date: 01/08/2025