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ICICI Prudential Life
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Sr. Manager- I - FINANCE SC

Sr. Manager- I - FINANCE SC

ICICI Prudential Life

5 - 10 years

7 - 12 Lacs

mumbai

Posted:20 hours ago| Platform:

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Skills Required

product launch automation claims excel regulatory reporting data science process improvement subject matter expert management sql

Work Mode

Work from Office

Job Type

Full Time

Job Description

Reinsurance Administration process is part of finance team,which takes care the reinsurance administrative activities including -

Reinsurance premium and claims computation.

Products/treaty set-up in Re a.

Analysis and impact assessment on re-insurance process ofnew product launch

Coordination with reinsurer for account settlement.

Internal/regulatory reporting.

Technical accounting.

Automation and process improvement

What are we looking for

A dynamic and energetic Subject Matter Expert (SME) tosupport reinsurance team in managing overall reinsurance activities with a highlevel of integrity, faster execution, respect for timeline and efficientinteraction with internal and external stakeholders.

Competencies required

1. Domain knowledge (SME).

2. Customer orientation.

3. Creativity and In ation.

4. Faster execution.

5. ision Making.

6. Drive projects.

7. Collaboration with cross-functional team.

What does the job entail

Managing Re a system, reinsurance accounting along withpreparation of reinsurance regulatory reports including but not limited to thefollowing activities

1. Understanding of various reinsurance arrangements.

2. Implementation of reinsurance arrangements in the Re asystem.

3. Understanding of insurance product / reinsurancetreaties.

4. Calculation of reinsurance premiums/Claims/Reserves.

5. Preparing reinsurance bordereaux and accounts.

6. Sharing bordereaux with reinsurers within timeline.

7. Follow up for invoices and submission for settlement ofthe accounts.

8. Managing Internal department co-ordination withClaims/UW/Group/Actuaries etc.

9. Regulatory reporting (IRDAI).

Education & skills

Education Bachelors / Masters in Atuarial science, Statistics, Data science etc.

Excellent command over Re a/DCS.

Advance MS Office (Excel, Access, PPT).

SQL.

Good communication.

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Sr. Manager- I - FINANCE SC