Sr. Manager- I - FINANCE SC

ICICI Prudential Life Insurance; Mumbai; Vor Ort; INR 600.000 - 800.000; Vollzeit

Zusammenfassung

A leading insurance company in Mumbai is seeking a skilled professional for the Reinsurance Administration role. This position involves managing the ReNova system, calculating reinsurance premiums, and preparing regulatory reports. The ideal candidate should have domain knowledge in reinsurance, creativity, and strong decision-making skills. They will work closely with cross-functional teams to improve processes and support the organization's insurance offerings.

Qualifikationen

• Understanding of various reinsurance arrangements.
• Implementation of reinsurance arrangements in the ReNova system.
• Understanding of insurance product/reinsurance treaties.
• Calculation of reinsurance premiums, claims, and reserves.
• Preparing reinsurance bordereaux and accounts.
• Managing regulatory reporting (IRDAI).

Aufgaben

• Manage the ReNova system and reinsurance accounting.
• Prepare regulatory reports and share bordereaux with reinsurers.
• Follow up for invoices and coordinate with internal departments.

Kenntnisse

Domain knowledge (SME)

Customer orientation

Creativity and Innovation

Decision Making

Drive projects

Collaboration with cross-functional team

Tools

ReNova

DCS

Jobbeschreibung

Reinsurance Administration process is part of finance team, which takes care the reinsurance administrative activities including :-

• Reinsurance premium and claims computation.
• Products/treaty set-up in ReNova.
• Analysis and impact assessment on re-insurance process of new product launch.
• Coordination with reinsurer for account settlement.
• Automation and process improvement.

What are we looking for?

• Domain knowledge (SME).
• Customer orientation.
• Creativity and Innovation.
• Decision Making.
• Drive projects.
• Collaboration with cross-functional team.

What does the job entail?

Managing ReNova system, reinsurance accounting along with preparation of reinsurance regulatory reports including but not limited to the following activities

1. Understanding of various reinsurance arrangements.
2. Implementation of reinsurance arrangements in the ReNova system.
3. Understanding of insurance product / reinsurancetreaties.
4. Calculation of reinsurance premiums/Claims/Reserves.
5. Preparing reinsurance bordereaux and accounts.
6. Sharing bordereaux with reinsurers within timeline.
7. Follow up for invoices and submission for settlement of the accounts.
8. Managing Internal department co-ordination with Claims/UW/Group/Actuaries etc.
9. Regulatory reporting (IRDAI).
10. Excellent command over ReNova/DCS.