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Ceded Reinsurance - Process Specialist

3.00 to 5.00 Years   Gurugram   15 Feb, 2022
AXA XL
Job LocationGurugram
EducationNot Mentioned
SalaryNot Disclosed
IndustryInsurance
Functional AreaOperations Management / Process Analysis
EmploymentTypeFull-time

Job Description

    * Role Objective To perform the day-to-day processing of Reinsurance contract set up and reinsurance recoveries in the source systems. Role purpose
    • Process the treaty contract set up in multiple system i.e., Genius, the Frame and Procede.
    • Process the reinsurance recoveries in the multiple system i.e., Genius, the Frame.
    • Process the facultative reinsurance contract set ups as per the process guidelines in both ProCede and the frame. Get them reviewed.
    • Ensure collections / advices are issued promptly to relevant parties.
    • Respond to broker queries and collaborate with Ceded Technical accounting.
    • Assist in data collection and adhoc processing exercises arising from time to time. reporting.
    • Request for test bordereaux. Review them and obtain signoffs before requesting live bordereaux.
    • Prepare QS RI statement of accounts. Update QS trackers.
    • Good understanding of the recoveries of facultative and treaty proportional contract recoveries processing.
    • Respond on CRA DQ report for facultative recoveries accuracy of bordereaux to be sent to reinsurers .
    • Identify own and individual team members training requirements to enable effective job completion.
    • Assist in any other projects for data collection and assist in various Ceded Re UATs.
    Key Interactions Ceded Re Tech Ops Managers for the respective Lines (London/Exton/Paris)Underwriters Claims Adjusters Local Management of Ceded Re., * Key capabilities and qualifications
    • Bachelor s degree or equivalent experience and preferably professional Reinsurance certifications.
    • At least 3 years experience within a reinsuranceclaim processingunderwriting support role.
    • Proficiency in excel and good to have source systems knowledge i.e., Genius, the Frame and ProCede
    • Good communication skills
    Other essentials Individuals in these roles will demonstrate the following at an intermediate level, in addition to the AXA Values and Commitments: Integrity Communication Flexibility Problem Solving Outcome Orientation

Keyskills :
customer relationsproblem solvingreportingslaqualitydata collection

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