TA Specialist

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.

Operations

• 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.
  

• Claims Validation:

• Interpret treaty terms to ensure accurate claims processing in line with contractual obligations.
  

• Premium Rate Validation:

• Validate premium rates to confirm accurate client billing.
• Reconcile client-reported figures with Swiss Re contractual data.
  

• 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.
  

• 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.
• 5-7 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.