REINSURANCE SERVICES ASSOCIATE

3 - 6 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

  • Manage

    end-to-end reinsurance claims activities

    , including generation of claims closings
  • Receive and acknowledge

    claims requests within 24 hours

    , update status in internal systems
  • Coordinate with

    reinsurers and internal teams

    to complete claims requirements
  • Monitor claims throughout the lifecycle to ensure

    timely processing and compliance

    with quality and regulatory guidelines
  • Adhere to defined

    claims KPIs

    , including bi-monthly and monthly follow-ups with clients and sources
  • Ensure

    quality checks

    are completed prior to issuing debit notes, prioritizing interim payments and cash calls
  • Support internal coordination for resolution of

    claims, accounting, and client issues

  • Maintain accurate and completeclaims documentation

    in shared repositories
  • Provide status updates and required information to

    management and placement teams

  • Perform additional claims or operational tasks as assigned

Skills & Competencies

  • Strong understanding of

    reinsurance claims processes

  • Excellentcoordination and communication

    skills with internal teams, brokers, and clients
  • High attention to

    detail, documentation, and data accuracy

  • Ability to managemultiple claims and priorities

    while meeting turnaround times
  • Strong ownership mindset and accountability for service quality

Qualifications

  • Bachelor's degree in

    Insurance, Finance, or related field

  • 36 years

    of experience in

    reinsurance claims operations

    (facultative or treaty)
  • Experience working with

    claims systems and shared documentation platforms

    preferred

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