About Role:
In line with our continued focus on strengthening L&H CORE Operations, this role presents an exciting opportunity to contribute to the efficient execution of operations within the L&H business. The role holder will be responsible for managing end-to-end transactions for assigned portfolios, ensuring timely and high-quality deliverables through a solid understanding of reinsurance accounting principles. A key responsibility includes reconciling client payments (e.g., premiums) and disbursements (e.g., claims) against expected values.
Key Responsibilities:
The jobholder is accountable for effectively handling transactions for the allocated portfolios/end to end processing and ensuring targets are met with quality output within defined turnaround times through adequate understanding of reinsurance accounting principles. Improvising & upskilling while working within a set framework of policies and processes is key to the role.
Principal Responsibilities:
Operations
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Data Handling & Visualization:
- Experience working with large datasets (10 lakh+ rows in Excel).
- Strong attention to detail with the ability to identify anomalies against contractual terms.
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Claims Validation:
- Interpret treaty terms to ensure accurate claims processing in line with contractual obligations.
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Premium Rate Validation:
- Validate premium rates to confirm accurate client billing.
- Reconcile client-reported figures with Swiss Re contractual data.
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Cash Handling & Reconciliation:
- Analyze unallocated cash balances and accruals.
- Perform booking movement analysis against expected figures.
- Proactively follow up with clients on outstanding payments and account discrepancies.
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Insurance/Reinsurance Knowledge:
- Familiarity with insurance and reinsurance concepts and terminology.
- Interest in market trends, new product developments, and global regulatory updates.
People:
- Collaborate effectively with team members and contribute to market-specific activities.
- Deliver results within matrixed teams and support broader functional goals.
- Demonstrate ownership and accountability in meeting stakeholder expectations and ensuring operational integrity.
Cross Functional Team (XFT) Coordination:
- Build strong communication channels with cross-functional teams to enhance client relationships.
- Proactively identify and resolve issues in collaboration with XFT.
- Ensure efficient coordination of business processes and portfolio management with XFT support.
About You:
- Graduate/Postgraduate in Commerce, Accounting, Insurance, or a related field.
- Strong understanding of insurance products and the insurance/reinsurance value chain.
- 2-3 years of experience in banking, insurance, or financial services.
- Excellent analytical skills and numerical aptitude.
- Proficiency in Data with workable skills in MS Excel (including advanced functions), SAS, and SQL.
- Strong interpersonal and communication skills (both written and verbal).
- Ability to challenge the status quo and manage multiple stakeholders in a virtual, multicultural environment.
- Self-motivated team player with a strong sense of accountability, responsibility, and commitment.
About Swiss Re
Swiss Re is one of the world s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Keywords:
Reference Code:
134758
