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3 - 5 years
5 - 7 Lacs
Gurgaon
Work from Office
Skill required: Reinsurance - Collections Processing Designation: Record to Report Ops Analyst Qualifications: BCom/Chartered Accountant/Cost And Works Accountant Years of Experience: 3 to 5 years What would you do? We help insurers redefine their customer experience while accelerating their innovation agenda to drive sustainable growth by transforming to an intelligent operating model. Intelligent Insurance Operations combines our advisory, technology, and operations expertise, global scale, and robust ecosystem with our insurance transformation capabilities. It is structured to address the scope and complexity of the ever-changing insurance environment and offers a flexible operating model that can meet the unique needs of each market segment.Canceling and rewriting insurance policies and endorsementsThe Collections Operations team focuses on managing collections and disputes such as debt collection, reporting on aged debt, bad debt provisioning, trade promotions, and outperform cash reconciliations. The team is responsible for follow up for missing remittances, prepare refund package with accuracy and supply to clients, record all collections activities in a consistent manner as per client process (tool), delivery of process requirements to achieve key performance targets, and ensure compliance to internal controls, standards, and regulations. What are we looking for? analysis and solving of lower-complexity problems Roles and Responsibilities: In this role you are required to do analysis and solving of lower-complexity problems Your day to day interaction is with peers within Accenture before updating supervisors In this role you may have limited exposure with clients and/or Accenture management You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments The decisions you make impact your own work and may impact the work of others You will be an individual contributor as a part of a team, with a focused scope of work Please note that this role may require you to work in rotational shifts Qualifications BCom,Chartered Accountant,Cost And Works Accountant
Posted 3 months ago
3 - 5 years
5 - 7 Lacs
Gurgaon
Work from Office
Skill required: Reinsurance - Collections Processing Designation: Record to Report Ops Analyst Qualifications: BCom/Chartered Accountant/PGDBM Years of Experience: 3 to 5 years Language - Ability: English - Advanced What would you do? We help insurers redefine their customer experience while accelerating their innovation agenda to drive sustainable growth by transforming to an intelligent operating model. Intelligent Insurance Operations combines our advisory, technology, and operations expertise, global scale, and robust ecosystem with our insurance transformation capabilities. It is structured to address the scope and complexity of the ever-changing insurance environment and offers a flexible operating model that can meet the unique needs of each market segment.Canceling and rewriting insurance policies and endorsementsThe Collections Operations team focuses on managing collections and disputes such as debt collection, reporting on aged debt, bad debt provisioning, trade promotions, and outperform cash reconciliations. The team is responsible for follow up for missing remittances, prepare refund package with accuracy and supply to clients, record all collections activities in a consistent manner as per client process (tool), delivery of process requirements to achieve key performance targets, and ensure compliance to internal controls, standards, and regulations. What are we looking for? Accounting & Financial Reporting Standards Financial Analysis and Reporting Financial Consolidation & Close Operations Balance Sheet Account Reconciliations Microsoft Excel Adaptable and flexible Ability to perform under pressure Agility for quick learning Prioritization of workload Ability to work well in a team Roles and Responsibilities: In this role you are required to do analysis and solving of lower-complexity problems Your day to day interaction is with peers within Accenture before updating supervisors In this role you may have limited exposure with clients and/or Accenture management You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments The decisions you make impact your own work and may impact the work of others You will be an individual contributor as a part of a team, with a focused scope of work Please note that this role may require you to work in rotational shifts Qualifications BCom,Chartered Accountant,PGDBM
Posted 3 months ago
5 - 7 years
3 - 7 Lacs
Mumbai
Work from Office
Our Finance is seeking to appoint a suitably qualified Client Accountant to work in our India office. Your Key Responsibilities Review reinsurance cessions, losses, and statements of accounts to ensure its compliance with treaty terms Register premiums, commissions and losses in the system Respond to clients queries on all accounting matters Manage receivables effectively to prevent overdue balances Prepare statutory reports and respond to regulators and auditors queries Your Profile Degree qualified, preferably in Insurance, Accounting , Mathematics or related disciplines 5-7 years of related experience in insurance/reinsurance industry, with good working knowledge of insurance and reinsurance standards, practices and principles Proficient in Microsoft Excel and Access to work with large volume of data and mastery of a database language such as SQL is added advantage Ability to automate processes through programming is an added advantage Proficient in both spoken and written English Excellent analytical, communication and interpersonal skills Able to achieve high-quality results in a dynamic environment This is a one (1) year contract role.
Posted 3 months ago
3 - 5 years
5 - 7 Lacs
Navi Mumbai
Work from Office
Skill required: Reinsurance - Collections Processing Designation: Claims Management Analyst Qualifications: Any Graduation Years of Experience: 3 to 5 years What would you do? We help insurers redefine their customer experience while accelerating their innovation agenda to drive sustainable growth by transforming to an intelligent operating model. Intelligent Insurance Operations combines our advisory, technology, and operations expertise, global scale, and robust ecosystem with our insurance transformation capabilities. It is structured to address the scope and complexity of the ever-changing insurance environment and offers a flexible operating model that can meet the unique needs of each market segment.Canceling and rewriting insurance policies and endorsementsThe Collections Operations team focuses on managing collections and disputes such as debt collection, reporting on aged debt, bad debt provisioning, trade promotions, and outperform cash reconciliations. The team is responsible for follow up for missing remittances, prepare refund package with accuracy and supply to clients, record all collections activities in a consistent manner as per client process (tool), delivery of process requirements to achieve key performance targets, and ensure compliance to internal controls, standards, and regulations. What are we looking for? Ability to perform under pressure Problem-solving skills Written and verbal communication Commitment to quality Agility for quick learning Knowledge of German Language would be an added advantage. Roles and Responsibilities: In this role you are required to do analysis and solving of lower-complexity problems Your day to day interaction is with peers within Accenture before updating supervisors In this role you may have limited exposure with clients and/or Accenture management You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments The decisions you make impact your own work and may impact the work of others You will be an individual contributor as a part of a team, with a focused scope of work Please note that this role may require you to work in rotational shifts Roles & Responsibilities Analyze and process various treaty and facultative premiums statements in the system Ensure cash call refunds are booked on time Maintain adequate trackers for all aspects of SOAs are maintained Analyse and process various types of claims in the system Analyse, Process and track large losses Ensure payment transactions are revied and cash is allocated in timely manner Ensure adequate follow ups are done to ensure to keep unallocated cash to the minimal Ensure outstanding balances are tracked, followed up and reported periodically to the stakeholders. Liaise and work with various stake holders to ensure all queries are addressed on time Taking ownership and be accountable for activities performed Qualifications Any Graduation
Posted 3 months ago
5 - 8 years
7 - 10 Lacs
Navi Mumbai
Work from Office
Skill required: Reinsurance - Collections Processing Designation: Claims Management Senior Analyst Qualifications: Any Graduation Years of Experience: 5 to 8 years What would you do? We help insurers redefine their customer experience while accelerating their innovation agenda to drive sustainable growth by transforming to an intelligent operating model. Intelligent Insurance Operations combines our advisory, technology, and operations expertise, global scale, and robust ecosystem with our insurance transformation capabilities. It is structured to address the scope and complexity of the ever-changing insurance environment and offers a flexible operating model that can meet the unique needs of each market segment.Canceling and rewriting insurance policies and endorsementsThe Collections Operations team focuses on managing collections and disputes such as debt collection, reporting on aged debt, bad debt provisioning, trade promotions, and outperform cash reconciliations. The team is responsible for follow up for missing remittances, prepare refund package with accuracy and supply to clients, record all collections activities in a consistent manner as per client process (tool), delivery of process requirements to achieve key performance targets, and ensure compliance to internal controls, standards, and regulations. What are we looking for? Ability to perform under pressure Problem-solving skills Written and verbal communication Commitment to quality Agility for quick learningKnowledge of German Language would be an added advantage. Roles and Responsibilities: In this role you are required to do analysis and solving of increasingly complex problems Your day to day interactions are with peers within Accenture You are likely to have some interaction with clients and/or Accenture management You will be given minimal instruction on daily work/tasks and a moderate level of instruction on new assignments Decisions that are made by you impact your own work and may impact the work of others In this role you would be an individual contributor and/or oversee a small work effort and/or team Please note that this role may require you to work in rotational shifts Roles & Responsibilities Analyze and process various treaty and facultative premiums statements in the system Ensure cash call refunds are booked on time Maintain adequate trackers for all aspects of SOAs are maintained Analyze and process various types of claims in the system Analyze, Process and track large losses Ensure payment transactions are revied and cash is allocated in timely manner Ensure adequate follow ups are done to ensure to keep unallocated cash to the minimal Ensure outstanding balances are tracked, followed up and reported periodically to the stakeholders. Liaise and work with various stake holders to ensure all queries are addressed on time Initiate process improvements through automation and assist in implementing the same. Actively participate in knowledge sharing and training Taking ownership and be accountable for activities performed Actively get involved in cross departmental activities and show eagerness to learn all activities. Qualifications Any Graduation
Posted 3 months ago
0 - 2 years
1 - 2 Lacs
Chennai
Work from Office
Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose the relentless pursuit of a world that works better for people we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. Inviting Applications for P&C Insurance - Chennai (Work from office) Responsibilities Responsible to understand and comprehend, good customer service attitude to clearly articulate the resolution. Responsible to handle varied volumes of workloads and to reach targets and deadlines on a timely basis Responsible to demonstrate and cultivate customer focus, collaboration, accountability, initiative and innovation. Responsible to demonstrate a high level personal integrity and investigation / negotiation skills Responsible to demonstrate a high level of self-motivation, energy and flexibility Responsible for handling Property & Casualty related situations Qualifications we seek in you! Minimum qualifications Any Graduate Relevant work experience in Insurance/P&C Insurance Freshers are also eligible Preferred qualifications Good knowledge of using Excel, MS Access Database Proficient in English language- both written and verbal Insurance client experience preferred Preferred immediate joiners Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook. Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.
Posted 3 months ago
5 - 8 years
7 - 10 Lacs
Navi Mumbai
Work from Office
Skill required: Reinsurance - Collections Processing Designation: Service Delivery Ops Senior Analyst Qualifications: Any Graduation Years of Experience: 5 - 8 Years What would you do? We help insurers redefine their customer experience while accelerating their innovation agenda to drive sustainable growth by transforming to an intelligent operating model. Intelligent Insurance Operations combines our advisory, technology, and operations expertise, global scale, and robust ecosystem with our insurance transformation capabilities. It is structured to address the scope and complexity of the ever-changing insurance environment and offers a flexible operating model that can meet the unique needs of each market segment.Canceling and rewriting insurance policies and endorsementsThe Collections Operations team focuses on managing collections and disputes such as debt collection, reporting on aged debt, bad debt provisioning, trade promotions, and outperform cash reconciliations. The team is responsible for follow up for missing remittances, prepare refund package with accuracy and supply to clients, record all collections activities in a consistent manner as per client process (tool), delivery of process requirements to achieve key performance targets, and ensure compliance to internal controls, standards, and regulations. What are we looking for? Ability to perform under pressure Problem-solving skills Written and verbal communication Commitment to quality Agility for quick learning Roles and Responsibilities: In this role you are required to do analysis and solving of moderately complex problems May create new solutions, leveraging and, where needed, adapting existing methods and procedures The person would require understanding of the strategic direction set by senior management as it relates to team goals Primary upward interaction is with direct supervisor May interact with peers and/or management levels at a client and/or within Accenture Guidance would be provided when determining methods and procedures on new assignments Decisions made by you will often impact the team in which they reside Individual would manage small teams and/or work efforts (if in an individual contributor role) at a client or within Accenture Please note that this role may require you to work in rotational shifts Qualifications Any Graduation
Posted 3 months ago
2 - 3 years
0 Lacs
Hyderabad, Telangana, India
Job Description You will be responsible for work in all stages of SDLC, from reviewing requirements, to design, to develop and test, to deployment. We are looking for a candidate who can quickly pick up new technologies, respond quickly to change and adapt to changing requirements. Responsibilities Design and development of cloud-hosted web applications for insurance industry from high-level architecture and network infrastructure to low-level creation of site layout, user experience, database schema, data structure, work-flow, graphics, unit testing, an end to end integration testing, etc. Working from static application mockups and wireframes, developing front-end user interfaces and page templates in HTML 5, CSS, SAAS, LESS TypeScript, bootstrap, Angular and third-party controls like Kendo UI/Infragistics. Design and develop functional and responsive web applications by collaborating with other engineers in the Agile team. Develop REST API. Implement UI Automation along with development responsibilities. Good knowledge of NO SQL, T-SQL and database programming with any RDMS system. Strong problem-solving skills Fast learner and keen to learn. Excellent listening skills Good written and verbal communication skills Enthusiasm, energy, and creativity Qualifications B.S. in Math, EE, CS or Software Engineering; M.S preferred. 5-8 years of hands-on experience in development of commercial-grade software products. 2-3 years of proven experience as a Python Full Stack developer. 3+ years in web development, Angular/React, Typescript, JavaScript, CSS 3+ years of working with Microsoft technology stack, C#, REST APIs, .NET Core. 2+ year in developing, deploying, and supporting SAAS product onto the cloud. 1+ years of working with cloud AWS or Azure Big Data Analytics experience is a big plus Strong understanding of Agile process and best practices About Us For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster. At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work® Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture. We’re 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations. Verisk Businesses Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events. Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance Marketing Solutions — delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group. Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger Verisk Analytics is an equal opportunity employer. All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law. https://www.verisk.com/company/careers/ Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume. Verisk Employee Privacy Notice
Posted 5 months ago
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The reinsurance job market in India is experiencing steady growth as the insurance industry expands and diversifies. Reinsurance professionals play a crucial role in managing risk for insurance companies and ensuring financial stability in the sector. Job seekers looking to enter this field have a range of opportunities to explore in various cities across India.
The average salary range for reinsurance professionals in India varies based on experience and qualifications. Entry-level positions typically start at around INR 3-5 lakhs per annum, while experienced professionals can earn upwards of INR 15-20 lakhs per annum.
In the field of reinsurance, career progression often follows a path from Junior Analyst to Senior Analyst, then onto Managerial roles such as Reinsurance Manager or Head of Reinsurance. With experience and expertise, professionals can advance to executive positions like Chief Risk Officer or Chief Underwriting Officer.
In addition to reinsurance knowledge, professionals in this field are expected to have strong analytical skills, attention to detail, financial acumen, and excellent communication abilities. Knowledge of insurance principles and risk management practices is also beneficial.
As you prepare for reinsurance job interviews in India, remember to showcase your expertise, experience, and passion for risk management and insurance. Stay updated with industry trends, hone your analytical skills, and approach each opportunity with confidence and enthusiasm. Good luck in your job search!
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