Senior Analyst - Client Services (ProRata Handler - Pune)

Gallagher; Pune District; On-site; INR 1,400,000 - 2,300,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive benefits

Career development opportunities

Global exposure

Job summary

Gallagher in India is seeking a Senior Analyst - Pro Rata Handler to support Pro Rata treaty reinsurance accounting, settlements, and related operations. You will process treaty transactions, review bordereaux, and ensure accurate bookings and reconciliations with brokers, clients, and reinsurers.

The ideal candidate has 3–6 years in Reinsurance Operations or related accounting roles, strong Excel and MS Office skills, and solid analytical and stakeholder management abilities.

Qualifications

• 3–6 years in Reinsurance Operations, Treaty Accounting, or related insurance processes.
• Bachelor's degree in Commerce, Finance, Accounting, or related field.
• Strong Excel and MS Office skills, proficient across spreadsheets and reports.

Responsibilities

• Process end-to-end Pro Rata treaty reinsurance accounts.
• Review and process premium and claims bordereaux from clients and brokers.
• Ensure accurate booking, calculation, and allocation of premiums, commissions, and recoveries.
• Prepare and issue statements of account and settlement documentation.
• Reconcile treaty balances and investigate discrepancies promptly.
• Liaise with brokers, cedants, and reinsurers to resolve queries.
• Monitor outstanding balances and support collections.
• Maintain data accuracy in systems and trackers.
• Ensure adherence to controls, compliance, and SLAs.
• Participate in process improvement and automation initiatives.
• Assist in preparing management reports and metrics.

Skills

Analytical skills

Stakeholder management

Communication skills

Excel proficiency

Education

Bachelor's degree in Commerce, Finance, Accounting, Business Administration

Tools

MS Office

Microsoft Excel

Job description

Introduction

Welcome to Gallagher in India — where expertise, technology, and purpose come together. Since 2006, Gallagher in India has supported global teams by delivering quality, service, and speed through deep expertise, smart technology, and specialized knowledge services. More than just an operations center, it’s a place where careers grow through collaboration, continuous learning, and purposeful work. We drive efficiency, compliance, and innovation so our teams can focus on serving clients. If you enjoy solving problems and working with purpose, Gallagher is the place where you can grow and feel a sense of belonging.

How you’ll make an impact

About Gallagher Re:

Gallagher Re is one of the world’s leading reinsurance brokers, helping clients navigate risk and achieve better outcomes through data‑driven insights, industry expertise, and innovative solutions. As part of our continued growth, we are looking for experienced professionals to join our Reinsurance Operations team in Pune.

Key Responsibilities:

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.

• 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.

About you

• Bachelor’s 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.

Why Join Gallagher?

• Opportunity to work with global reinsurance markets.
• Collaborative and inclusive work culture.
• Exposure to international clients and brokers.
• Career growth within a leading global insurance and reinsurance organization.
• Learning and development opportunities to enhance technical and professional skills.

Additional Information

At Gallagher, we believe supporting our colleagues goes far beyond the role itself. For more information, visit our Benefits page.

• Competitive compensation
• Comprehensive benefits programs designed to support your well‑being
• Career development opportunities and ongoing learning
• A collaborative, people‑first culture with accessible leadership
• The opportunity to do meaningful work with global reach and local impact

At Gallagher, we are dedicated to building an inclusive and authentic workplace. If your past experience doesn’t align perfectly, we encourage you to join our Talent Communityto stay connected to additional career opportunities. At times, we will consider transferable skills from previous roles.

Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled)