Manager

Reinsurance Finance & Accounting / Operations

Noida, India

8–15 FTEs

The Manager – Reinsurance Operations is responsible for end-to-end delivery and governance of reinsurance processes, ensuring timely, accurate, and compliant execution of treaty/facultative operations, technical accounting, and financial reporting. The role involves leading teams, driving process controls, managing stakeholder expectations, and ensuring audit readiness.

This role requires strong expertise in ceded/assumed reinsurance lifecycle including contract setup, accounting, reporting, and claims handling. 

• Manage end-to-end reinsurance operations including:
  • Contract setup (Treaty & Facultative)
  • Premium, commission, and claims accounting
  • Bordereaux / SOA processing
  • Cash settlements and reconciliations
• Ensure timely and accurate delivery of daily, monthly, and quarterly activities 
• Monitor SLAs/KPIs and ensure adherence to client commitments

• Lead and manage a team of Analysts / Sr. Analysts / AMs
• Drive:
  • Performance management
  • Training and knowledge development
  • Backup planning and cross-skilling
• Provide SME support and resolve complex operational issues

• Ensure strong control framework across:
  • Journal Entries (MJE) and GL reconciliations
  • Balance sheet substantiation
  • Regulatory and financial reporting
• Drive audit readiness (SOX / Internal / External audits)
• Implement and monitor process controls and documentation standards

• Interface with:
  • Onshore stakeholders / clients
  • Auditors and compliance teams
  • Internal functions (Training, Quality, Transformation, Finance)
• Manage escalations and ensure timely resolution

• Oversee:
  • Financial and management reporting
  • Regulatory reporting (e.g., Lloyd’s / IFRS / Solvency /NAIC) if applicable) 
• Drive dashboarding, SLA reporting, and insights for senior leadership

• Identify opportunities for:
  • Automation (e.g., BDX / reporting / reconciliations)
  • Process standardization and efficiency
• Lead Lean / Six Sigma / transformation initiatives
• Enhance productivity and reduce errors

• Strong understanding of:
  • Ceded & Assumed Reinsurance
  • Treaty & Facultative contracts 
  • Reinsurance accounting (premium, claims, reserves)
• Experience in:
  • GL accounting, reconciliations
  • Regulatory reporting and compliance
• Tools:
  • MS Excel (Advanced)
  • Reinsurance systems (Genius / URS / SAP / Oracle preferred)

• Bachelor’s degree in accounting / finance
• MBA and accounting preferred
• Reinsurance / Insurance certifications preferred

• 7–12 years of experience in Reinsurance Operations / Accounting
• Strong exposure to:
  • End-to-end reinsurance lifecycle
  • Team management (8–15 FTEs)
  • Client/stakeholder interaction

• Strong analytical and problem-solving skills
• Attention to detail and audit mindset
• Leadership and people management
• Effective communication and stakeholder handling
• Process improvement and automation mindset