Associate Consultant, Technical Operations

5 - 10 years

5 - 12 Lacs

Posted:1 day ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

What will your essential responsibilities include?

  • Process the complete end to end part of either contract set up or recovery process. This includes multiple system i.e., Genius, the Frame and Procede.
  • Perform peer review. Ensure rectifications are accounted for. Post close adjustments are highlighted.
  • Support the team managers to plan and allocation of work to ensure review and processing completed before the source system close.
  • Process and report potential recovery non-processing which are material movements.
  • Understanding and adherence to the process key controls. Support the managers to ensure this is complete timely.
  • Ensuring the supporting documents for the key control evidence are e-filed in Documentum.
  • Organizing calls with the London/Exton/Paris LoB handlers to discuss processes, document resolution and implement action plans and report thereof.
  • Own the end-to-end processing and sending for next level review. This includes reinsurance contract set up, premium payment request, communication etc.
  • Perform commentary on Large claim Alerts. Take responsibility to update in the log.
  • Respond to broker queries and collaborate with Ceded Technical accounting.
  • First review the initial loss notification and collection notes.
  • Review and comment against key Captive Accounts within the regime are reviewed and feedback provided asap.
  • Responsible for sending out QS RI Statement of accounts. Update QS trackers.
  • Remain responsible for following up on QS RI non attachments.
  • Responsible for the updating of process documents and communicating further.
  • Responsibility to providing guidance and support on source system processing, to the Band A colleagues.
  • The Associate consultants will be responsible for peer review and significantly leveraged for projects, performing UATs and liaising with cross functions.

Were looking for someone who has these abilities and skills:

  • Bachelor’s degree or equivalent experience and preferably professional Reinsurance certifications.
  • Excellent knowledge on Reinsurance Administration.
  • Proficient in excel and source systems i.e., Genius, the Frame and ProCede.
  • Effective Analytical, communication & interpersonal skills.
  • Lead the team exemplary processing knowledge.

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Axa Xl

Insurance and Reinsurance

Greenwich

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