About this role
F&A / Reinsurance-Assistant Manager
Key Responsibility Areas including preferred Skills and Experience
• Handling Life reinsurance contracts- Treaty and FAC, review of the contracts and policy cession correction • Preparing bordereaux, XOL and FAC billings to be sent to brokers/Reinsurers • Invoice review, Receivable/Payables reconciliation & settlement • Claims handling from initial notice, billing and collections from brokers/Reinsurers. • Cash booking, allocation and reconciliations • Handle market and auditor queries • Manual JE prep and topside allocation for ceded premium and claims • Calculation of Ceded Net Amount of Risk and delayed claim interest, booking of claims accrual • Collateral review and management • Management reporting • Schedule S reporting
Competencies:
• Good communication both written, verbal, and analytical skills • Good decision-making skill • Committed to achieving specific objectives and takes ownership for accomplishing them. • Effectively balances quality, customer service and productivity standards • Ability to prioritize & multi-task • Exhibits meticulous attention to detail • Good problem solving & analytical skills
Capable of working with tight deadlines and working under pressure
• Bachelor’s degree or Post Graduate in Commerce with overall 5+ years of experience for AM. • 2+ years of experience in the field of Reinsurance operations or accounting for AM
• Client management experience • Proficiency in MS Excel (IF functions, VLOOKUP, HLOOKUP, PIVOT, INDEXMATCH) and PowerPoint • Desirable-Experience in Life Reinsurance preferred
Knowledge of TAI preferred.