Senior Analyst - Client Services (ProRata Handler - Pune)

Artex Risk Solutions; Pune District; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Artex Risk Solutions in Pune, India seeks a detail-oriented Senior Analyst - Pro Rata Handler to support Pro Rata treaty reinsurance operations, including processing treaty transactions, premium and loss accounting, and bordereaux reviews. The role requires 3–6 years in reinsurance operations or related fields, strong analytical and stakeholder management skills, and proficiency with Excel and MS Office.

You will ensure accurate settlements, timely reporting, and adherence to controls, SLAs, and

Qualifications

• 3–6 years of experience in Reinsurance Operations, Treaty Accounting, Insurance Accounting, or related insurance processes.
• Strong understanding of Pro Rata treaty concepts and reinsurance accounting principles.
• Proficiency in Microsoft Excel and MS Office applications.
• Excellent reconciliation and analytical skills.

Responsibilities

• Process end-to-end processing of Pro Rata treaty reinsurance accounts.
• Review and process premium and claims bordereaux received from clients and brokers.
• Ensure accurate booking, calculation, and allocation of premiums, commissions, claims recoveries, and adjustments.
• Prepare and issue statements of account and settlement documentation.
• Reconcile treaty balances and investigate discrepancies in a timely manner.
• Liaise with brokers, cedants, and reinsurers to resolve accounting and settlement queries.
• Monitor outstanding balances and support collection activities.
• Maintain accuracy of data within assigned systems and trackers.
• Ensure adherence to internal controls, compliance requirements, and service level agreements.
• Participate in process improvement initiatives and support automation or operational excellence projects.
• Assist in preparing management reports and operational metrics.

Skills

Analytical skills

Reconciliation

Stakeholder management

Excel proficiency

Education

Bachelor's degree in Commerce, Finance, Accounting, Business Administration, or related discipline

Tools

Microsoft Excel

MS Office

Job description

Job Summary

We are seeking a detail-oriented and analytical Senior Analyst - Pro Rata Handler to support the administration and servicing of Pro Rata Treaty Reinsurance business. The role involves processing treaty transactions, managing premium and loss accounting activities, reviewing bordereaux, ensuring accurate settlements, and collaborating with brokers, clients, and reinsurers to deliver exceptional service. The ideal candidate will have experience in reinsurance operations, treaty accounting, or insurance back-office processes and possess strong analytical and stakeholder management skills.

Responsibilities

• Manage end-to-end processing of Pro Rata treaty reinsurance accounts.
• Review and process premium and claims bordereaux received from clients and brokers.
• Ensure accurate booking, calculation, and allocation of premiums, commissions, claims recoveries, and adjustments.
• Prepare and issue statements of account and settlement documentation.
• Reconcile treaty balances and investigate discrepancies in a timely manner.
• Liaise with brokers, cedants, and reinsurers to resolve accounting and settlement queries.
• Monitor outstanding balances and support collection activities.
• Maintain accuracy of data within assigned systems and trackers.
• Ensure adherence to internal controls, compliance requirements, and service level agreements.
• Participate in process improvement initiatives and support automation or operational excellence projects.
• Assist in preparing management reports and operational metrics.

Requirements

• Bachelors degree in Commerce, Finance, Accounting, Business Administration, or a related discipline.
• 3-6 years of experience in Reinsurance Operations, Treaty Accounting, Insurance Accounting, or related insurance processes.
• Strong understanding of Pro Rata treaty concepts and reinsurance accounting principles.
• Excellent reconciliation and analytical skills.
• Proficiency in Microsoft Excel and MS Office applications.
• Strong communication and stakeholder management skills.
• Ability to manage multiple priorities while maintaining high levels of accuracy.
• Preferred experience working with international insurance or reinsurance markets.
• Knowledge of premium settlements, commission structures, and treaty accounting workflows.
• Exposure to operational excellence initiatives, automation tools, or process improvement projects.

What Success Looks Like

• Accurate and timely processing of Pro Rata treaty transactions.
• Strong service delivery and stakeholder satisfaction.
• Effective management of settlements and reconciliations.
• Continuous contribution towards operational efficiency and process improvements.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.