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B1_B2_Reinsurance Accounting at EXL Talent Acquisition Team

Noida, Uttar Pradesh, India -

Full Time

Start Date

Immediate

Expiry Date

18 Jun, 26

Salary

0.0

Posted On

20 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Ceded Premium Processing, Loss Processing, Reinsurance Calculation, Proportional Contracts, Non-Proportional Contracts, Bordereau Review, Cash Allocation, Balance Payable, Balance Receivable, Journal Creation, GL Reconciliations, QS Contracts, XOL Contracts, Critical Thinking, Admin Systems, Advanced Excel

Industry

Business Consulting and Services

Description

* Ceded Premium/Loss Processing - Calculating and booking of ceded premiums & losses in the legacy system. Good knowledge in the reinsurance calculation of proportional/ non-proportional contracts * Review & Preparation of Reinsurance Bordereau * Cash Allocation in Ceded Application. * Reinsurance Balance Payable and Receivable –Handling Reinsurance payments and collections * Creating RI Journals, handling accounting transactions and Performing GL Reconciliations with a specific of QS and XOL related contracts.

Responsibilities

This position involves processing ceded premiums and losses, handling reinsurance payments and collections, and creating accounting journals for QS and XOL related contracts. The role also requires providing complete process governance, performing reviews, establishing controls, and managing client escalations.