Senior Analyst - ProRata Handler

Gallagher; Mumbai; On-site; Confidential; Full time

Benefits offered by this job

Competitive pay

Benefits package

Career development

Collaborative culture

Global reach

Job summary

Gallagher in Mumbai seeks a Senior Analyst - ProRata Handler to manage proportional treaty accounting and servicing, ensuring contractual and regulatory compliance. You will coordinate with clients, reinsurers, and internal teams to resolve queries and drive accurate reporting.

The role requires hands-on Pro Rata experience, strong Excel/MS Office skills, and the ability to maintain seamless servicing for multiple client portfolios. Local regulatory knowledge is a plus.

Qualifications

• Hands-on experience in Insurance/Reinsurance operations with proportional treaty servicing.
• Understanding of treaty accounting, bordereaux processing, and post-placement servicing.
• Experience managing client portfolios and stakeholder interactions.
• Strong knowledge of reinsurance concepts and treaty documentation.
• Proficiency in Excel and MS Office applications.

Responsibilities

• Manage proportional treaty accounting and servicing while ensuring contract compliance.
• Analyze proportional treaty documentation and bordereaux from clients.
• Handle client, reinsurer, and claims-related queries with timely resolutions.
• Review and maintain operational and financial reports for accuracy.
• Support sales and servicing teams with renewal information and data.
• Monitor balances, debt, and cash positions; drive timely resolution.
• Build strong relationships with internal and external stakeholders.
• Ensure adherence to regulatory requirements and company policies.
• Meet SLA, quality, and productivity targets.

Skills

Proportional treaty servicing

Insurance operations

Client portfolio management

Stakeholder management

Bordereaux processing

Treaty accounting basics

Tools

Excel

MS Office

Job description

How you'll make an impact

At Gallagher, we are more than a global insurance brokeragewe are a team of professionals dedicated to delivering exceptional service and innovative solutions worldwide.

As one of the world's leading insurance, risk management, and consulting organizations, we offer exciting opportunities to grow your career in the dynamic world of Reinsurance.

We are currently looking for an experienced Senior Analyst - ProRata Handler to join our Reinsurance Servicing team in Mumbai.

What You'll Do:

As a Senior Analyst, you will be responsible for managing proportional treaty accounting and servicing activities while ensuring compliance with contractual obligations, business processes, and service standards.

• Analyze and interpret technical proportional treaty documentation and bordereaux received from clients.
• Process and manage treaty accounting activities in line with contractual conditions and operational procedures.
• Independently handle client, reinsurer, and claims-related queries, ensuring timely resolution and escalation where required.
• Review and maintain operational and financial reports, ensuring accuracy and completeness.
• Support Account Managers, Client Service Advocates, and Placing Teams with renewal and servicing information.
• Monitor outstanding balances, bureau debt, and uncorrelated cash positions, driving timely resolution.
• Build and maintain strong relationships with internal and external stakeholders.
• Ensure compliance with regulatory requirements, company policies, and industry best practices.
• Deliver against established SLA, quality, turnaround time (TAT), and productivity targets.

What We're Looking For

Experience

• Relevant experience in Insurance/Reinsurance Operations.
• Hands‑on exposure to Proportional Treaty (Pro Rata) servicing/accounting.
• Experience managing client portfolios and stakeholder interactions.
• Understanding of treaty accounting, bordereaux processing, and post-placement servicing activities.

Technical Knowledge

• Strong understanding of Reinsurance concepts and treaty documentation.
• Awareness of accounting fundamentals (debits, credits, settlements, reconciliations).
• Good knowledge of Microsoft Excel and MS Office applications.

Compensation and Benefits

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

• 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.