Lead Assistant Manager

4 - 5 years

0 Lacs

Posted:1 week ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Position Title

Lead Assistant Manager(Reinsurance)

Function, Responsibility Level

Reinsurance Operations, Lead Assistant Manager

Reports to

Manager – Reinsurance OperationsSr. Manager – Reinsurance Operations

Location

Noida, India

Span of Control

0

Position Type

Permanent

  • Primary Responsibility:
  • Prepare financial and management reporting
  • Perform Regulatory reporting such Schedule P, Schedule F etc
  • Review ceded premium and loss results from the reinsurance system
  • Manage review of reinsurance payments to the brokers/reinsurers
  • Review claims billings
  • Perform accounting transactions, manual journals
  • Perform GL Reconciliation

Technical Skills

  • Good knowledge of ceded reinsurance
  • Sound analytical skill
  • MS Excel and other office tools
  • Have an understanding of US GAAP

Education

  • Bachelor’s degree or Post Graduate in Accounting, MBA (Finance)
  • Insurance/Reinsurance certifications preferred

Primary Internal Interactions

  • LAM / Manager for the purpose of reporting performance, escalation handling, clarifying concerns, seeking support and monthly evaluation of performance
  • AVP for the purpose of settling issues left unresolved by the LAM /Manager
  • Subject Matter Expert for the purpose of handling process related issues, queries and escalated transactions
  • QCA for the purpose of associate performance feedback and audit in order to update the training curriculum

Primary External Interactions

  • Onshore teams for routine day to day tasks
  • Auditors for the purpose of getting Audit Requirements & supplying adequate documents
  • Trainers, SMEs and Operations for the purpose of developing and updating training curriculum, provide feedback on training and discussing specific action plans
  • Will interact extensively with onshore for US GAAP and regulatory reporting
  • Escalations team at client end for the purpose of seeking clarifications & answering queries

Education Requirements

  • Bachelor’s degree or Post Graduate in Accounting, MBA (Finance), CA
  • Insurance/Reinsurance certifications preferred

Work Experience Requirements

Lead Assistant Manager:-

  • 4-5 years of experience in the field of Reinsurance operations or accounting
  • Overall experience of 7-10 Years
  • Hands on experience in working with large data
  • Analytical abilities
  • Strong MS Excel and communication skills

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