12.0 - 16.0 years

0 Lacs

noida, uttar pradesh

On-site

The role of Senior Ceded Re offshore Resource involves providing leadership in ceded reporting, primarily focusing on external reporting for regulators and reinsurers, as well as internal reporting within the Ceded Re Operations. This position will also offer support for other ceded re administration activities. Specific responsibilities include: - Ceded Reinsurance regulatory reporting - Handling Ad Hoc Claim responses - Managing Reinsurance Collateral - Overseeing Stop loss reinsurance contract management - Whole account quota share reporting - Providing support to the broader offshore reinsurance team The duties of this role include: - Annual Cat and TRIA Regulatory reporting, including obtaining exposure and premium figures from the reinsurance system, and recording Terrorism and other exposures from reinsurance contracts. - Managing Bermuda Cat Regulatory returns by documenting CAT cover provided in reinsurance contracts by territory. - Handling AM Best ILS/ILW annual regulatory returns by posting limits available on this type of reinsurance contract. - Collaborating with the ceded placement team for review and sign-off of regulatory reports. - Netting down large claims and reporting net positions and associated reinsurance recoveries arising from Facultative, Quota share, and Excess of loss reinsurance placements. - Quarterly management of collateralized excess of loss placements, including establishing ultimate gross ceded losses to collateralized reinsurers and calculating reinsurance recoveries. - Managing key stop loss reinsurance contracts, entering contracts into the policy administration system, assessing ultimate loss values, and managing associated collateral. - Preparing and managing quarterly reporting on ultimate Gross and Net view on Whole account Quota shares to various counterparties, collating information from Reserving, Finance, Operations, and providing narratives from the business. - Providing support to the broader Offshore Team in areas such as Credit Control, Calculation of XOL and Facultative reinsurance claims, supporting various project and change activities, attending team meetings, and handling tasks to allow other Ceded Re team members to work on projects. Key required skills for this role include past experience in Ceded re applications and processes, strong reporting and analytical skills, knowledge of collateral calculations and Cat stop loss contracts, proficiency in Microsoft applications (especially Excel), ability to interpret Reinsurance contract wordings, effective communication, knowledge of Airtable, and the ability to manage time and tasks to meet key deadlines and SLAs.,

Posted 1 month ago

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Investment Operations Manager Verified

5.0 - 9.0 years

0 Lacs

gandhinagar, gujarat

On-site

You will be joining VSV Securities (IFSC) Private Limited as an Investment Operations Manager. In this full-time onsite role at Verified, your main responsibilities will include assisting portfolio managers with trade execution, settlements, and corporate actions. You will also collaborate with prime brokers for margin and collateral calculations, evaluate the credit worthiness of borrowers, and oversee lending/borrowing operations. Additionally, you will provide support to Transfer agents on the Verified Network with settlements and distributions. To excel in this role, you should have experience in clearing and settlements functions within an exchange, transfer agent, or bank. A deep understanding of accounting principles for funds, derivative products, bonds, etc., will be essential. Holding a qualification such as CFA or Chartered Accountant is preferred. You must possess the ability to establish and lead a team effectively. Proficiency in utilizing digital applications and systems is crucial. Moreover, strong communication skills in English are necessary to succeed in this position. This position can be based in either Mumbai or Gandhinagar. Preference will be given to Gandhinagar/Ahmedabad due to logistical convenience in managing personnel at a single location presently. Interested candidates are required to submit their CV along with a cover letter detailing their enthusiasm for the role and outlining their qualifications. Please be aware that the interview process includes online tasks that must be completed, so individuals uncomfortable with hands-on work should refrain from applying.,

Posted 1 month ago

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