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Oliver Wyman
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Senior Process Associate

Senior Process Associate

Oliver Wyman

2 - 4 years

4 - 7 Lacs

Mumbai

Posted:16 hours ago| Platform:

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Skills Required

MS Office suite Associate Operations management information system Reinsurance Service level Interpersonal skills MIS Analytical Senior Process Associate risk advisor

Work Mode

Work from Office

Job Type

Full Time

Job Description

Company: Marsh

Description:

Job Title: Reinsurance Operations Associate

Location: [Mumbai]

Department: Reinsurance Operations Team - Fiduciary

Job Summary: We are seeking a detail-oriented and proactive Reinsurance Operations Associate to join our Reinsurance Operations Team. The ideal candidate will be responsible for ensuring the smooth processing of reinsurance transactions, maintaining high-quality standards, and providing exceptional support to our internal and external stakeholders.

Key Responsibilities:

Verify that all requisite documents are received from the Business Team for processing. Prepare calculations based on the documents received to ensure accuracy and compliance. Input details into our system to generate Cedant Debit Notes and Brokerage Booking IDs. Provide Brokerage GST Invoices to Reinsurers in a timely manner. Obtain Remittance Confirmation from Reinsurers to ensure proper tracking of payments. Respond to queries from Reinsurers, Finance, and Customer Experience teams promptly and professionally. Work on ad hoc tasks related to Reinsurance Operations as required. Maintain a Management Information System (MIS) based on daily tasks completed to track performance and efficiency. Conduct timely follow-ups on pending items to ensure resolution and adherence to deadlines. Maintain quality and turnaround time (TAT) as per agreed Service Level Agreements (SLA).

Qualifications:

Bachelor s degree in commerce, Finance, Business Administration, or a related field.
Previous experience in reinsurance operations or a similar role is preferred.
Strong analytical and numerical skills with attention to detail.
Proficient in using MS Office Suite and experience with relevant software systems.
Excellent communication and interpersonal skills.
Ability to work independently and as part of a team in a fast-paced environment.
Strong organizational skills and the ability to manage multiple tasks effectively.

What We Offer:

Competitive salary and benefits package.
Opportunities for professional development and career advancement.
A collaborative and inclusive work environment.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.

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Oliver Wyman

Management Consulting

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Senior Process Associate