7 Cession Calculations Jobs

Key Responsibility Areas including preferred Skills and Experience Sound understanding of Reinsurance operation and accounting of Premium and Losses, Topside Premium, and losses Adj Review of cession calculations, system cessions and validations Review of settlements of FAC, XOL and QS Treaties Review of the Market reports (Bordereaux) sent to the reinsurers/brokers Should be able to manage a team and coach them continuously to achieve business goal Able to help team in resolving their queries as an when needed To ensure complete operations management for end-to-end processes, including Claim notice, collections, Cash applications, month end premium and loss JEs, reconciliation and reinsuran...

Key Responsibility Areas including preferred Skills and Experience Sound understanding of Reinsurance operation and accounting of Premium and Losses, Topside Premium, and losses Adj Review of cession calculations, system cessions and validations Review of settlements of FAC, XOL and QS Treaties Review of the Market reports (Bordereaux) sent to the reinsurers/brokers Should be able to manage a team and coach them continuously to achieve business goal Able to help team in resolving their queries as an when needed To ensure complete operations management for end-to-end processes, including Claim notice, collections, Cash applications, month end premium and loss JEs, reconciliation and reinsuran...

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 Committ...

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 Committe...

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 Topside allocation Deposit premiums adjustments Management reporting Regulatory reporting

Key Responsibility Areas Including Preferred Skills And Experience Sound understanding of Reinsurance operation and accounting of Premium and Losses, Topside Premium, and losses Adj Review of cession calculations, system cessions and validations Review of settlements of FAC, XOL and QS Treaties Review of the Market reports (Bordereaux) sent to the reinsurers/brokers Should be able to manage a team and coach them continuously to achieve business goal Able to help team in resolving their queries as an when needed To ensure complete operations management for end-to-end processes, including Claim notice, collections, Cash applications, month end premium and loss JEs, reconciliation and reinsuran...

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 Topside allocation Deposit premiums adjustments Management reporting Regulatory reporting