Lead Assistant Manager |Insurance|Reinsurance|Back Office

-

Manage end‑to‑end reinsurance and Broking Operations including system setup, sanctions checks, submissions, and facultative/treaty contract administration.

Handle post‑bind activities such as cancellations, endorsements, and accurate calculation and booking of reinsurance premiums and bordereaux.

• Calculate and record contractual obligations including profit commission, premium adjustments, and no‑claims bonuses, ensuring compliance with quarterly and annual instructions.

• Perform variance analysis of actual results against expectations and prior periods, while maintaining regular communication with customers and internal stakeholders.

• Lead teams through daily operations, query resolution, Lean process improvements, and structured training initiatives to enhance controls and performance.

• Experience on Bureau systems and LPAN creation knowledge will be an added advantage.

• · Reinsurance Setup, Sanctions & Submission clearance in the system.

• · Facultative & Treaty Reinsurance Contract Management - Setting up & maintaining the reinsurance contract.

• · Post bind work like Cancellation/endorsement management.

• · Premium - Calculating and booking of reinsurance premiums and processing bordereaux in the system.

• · Calculating & booking of contractual obligations like Profit commission, Prem adjustments, No claims bonus etc.

• · Ensure the quarterly and yearly instructions are reviewed and incorporated.