Senior Analyst, Reinsurance

We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients?? potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters. Reinsurance Technical Accounting process includes accounting for reinsurance premiums, commissions, claims, reserves, deposits, reinstatements etc for various types of assumed and retro contracts. The team also handles the cash disbursements and cash receipts allocation of technical entries.The Assumed teams are responsible for handling and input of technical accounting information received from cedants/brokers, while the ceded team takes the information input by the assumed team and then generates the ceded booking statements that are then entered into the system and sent out to the retrocessionaires. The person working as a Sr Analyst is responsible to resolve any issues that may arise while processing the accounts; they have the responsibility to ensure that the numbers entered into the sub-system are correct and are settled in a timely manner. They also need to ensure that the proper backups and calculations are available for auditors as and when required. The person required for the role should be Graduate/Post Graduate ?? B.Com / M.Com / MBA - Finance. Work experience in Reinsurance / international work environment (preferably insurance/reinsurance processes) will be preferred. Knowledge of MS office (Word, Excel, Power point) is required

What you??ll be DOING

What will your essential responsibilities include?

• Processing accounting transactions and related cash activity for assigned brokers and ceding companies within a team environment
• Analyzing the premium and loss histories of the treaty business
• Establishing and maintaining relationships with internal and external clients.
• Analysis, booking and reconciliation of various reinsurance accounts, including those with adjustable features such as commissions and premium adjustments
• Handling of cash activity for assigned clients including application, collection and accounts payable
• Assist as necessary in the monthly & quarterly closing process
• Work closely with other internal departments on special projects as and when required

You will report to AM/DM - Reinsurance.

What you will BRING

We??re looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Graduate / Post Graduate with relevant years?? experience within Reinsurance industry
• Technical Accounting Experience
• Team Leading background
• Experience in MS-Excel and PowerPoint is required
• Self-starter who is solution orientated and has the ability to work within a team environment

Desired Skills and Abilities:

• Organized with the ability to sort multiple priorities, meet tight deadlines and detail orientated
• Ability to use initiative in day to day activities to resolve issues or flag to management for review
• Effective written and verbal communication and interpersonal skills to work effectively with internal clients and customers
• Resiliently develops, communicates and oversees the execution of solutions to resolve issues persistent within the portfolio