JUNIOR ASSOCIATE – TREATY REINSURANCE

5 - 8 years

4 - 6 Lacs

Posted:3 days ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Key Responsibilities

Treaty Placement Support

  • Assist in preparing

    treaty reinsurance submissions, slips, cover notes, and endorsements

  • Support brokers during placement bygathering quotes, updating quote sheets, and coordinating negotiations

  • Collaborate with underwriting teams to reviewportfolio data and underwriting guidelines

    aligned to reinsurer appetite

Technical Accounting & Post-Placement

  • Support preparation of

    debit/credit notes

    , statement reconciliations, and

    collections/settlements

  • Prepare and maintaintreaty account bordereaux

    (premium and claims) on a quarterly basis
  • Assist with

    cash loss claims

    , documentation, and settlement follow-ups
  • Maintain accurate records across

    placements, technical accounts, and closings

    in internal systems

Portfolio Analysis & Underwriting Support

  • Contribute to

    portfolio reviews, exposure analysis, and underwriting file preparation

  • Analyze treaty performance,utilization, reinstatements, and accumulations

  • Support senior brokers/underwriters withdraft recommendations and analytical insights

Compliance, Operations & Reporting

  • Coordinate

    KYC/AML onboarding

    of cedants and reinsurers
  • Ensure adherence to

    regulatory and internal compliance standards

  • Support accurate and timelydata capture and transaction reporting

Market Research & Business Support

  • Conduct research on

    reinsurer appetite, pricing trends, and market activity

  • Prepareanalytical reports, presentations, and pitch materials

    for new treaty opportunities

Skills & Competencies

Technical & Industry Knowledge

  • Strong understanding of

    treaty reinsurance structures

    (QS, Surplus, XOL, Stop Loss, etc.)
  • Familiarity with

    broking workflows, underwriting guidelines, and technical accounting

  • Exposure totreaty claims and bordereaux reporting

Analytical & Data Skills

  • Advanced

    Excel and data analysis

    skills for premium, claims, and exposure data
  • Ability to prepare

    reconciliations, technical accounts, and management reports

  • Strong attention to detail and analytical mindset

Communication & Collaboration

  • Professional written and verbal communication skills
  • Ability to work closely with

    brokers, reinsurers, cedants, and internal teams

  • Strong relationship-building and stakeholder management skills

Organization & Systems

  • Ability to manage

    multiple treaties, deadlines, and reporting cycles

  • Comfortable working withreinsurance and accounting systems

    ; pricing/exposure tools a plus

Qualifications

  • Bachelor's degree in

    Insurance, Risk Management, Finance, Accounting

    , or related field
  • 5+ years

    of experience in

    treaty reinsurance

    within a broking or reinsurance environment
  • Hands-on exposure to

    treaty documentation, technical accounting, and claims administration

  • Familiarity withregional regulatory frameworks

    (AMEA, LATAM) is an advantage

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