Reinsurance Operations Specialist

Reinsurance Transaction Lifecycle

Contribute to the smooth execution of reinsurance transactions and support the overall risk management efforts of the organization.

• Set up new deals in the reinsurance deal database, ensuring all required data and approvals are captured.
• Facilitate onboarding of new deals, including contract storage, data capture, and documentation of approvals.
• Support the completion of deal implementation memos by coordinating with underwriting, legal, accounting, and other teams.

Operational Support & Reporting

• Generate and deliver monthly data to accounting for financial close processes (month-end, quarter-end, year-end).
• Monitor and analyze in-force deals to ensure compliance with contractual terms and performance expectations.
• Maintain tracking of reports and payments for each in-force deal.
• Prepare and deliver external reports and fulfill commitments to reinsurers, brokers, regulators, and other third parties, ensuring accuracy, timeliness, and compliance with contractual and regulatory obligations.

Data Management & Troubleshooting

• Support and monitor monthly IT data loads for in-force transactions; provide first-level troubleshooting for data errors.
• Validate and reconcile reinsurance premiums, claims, and recoverables.
• Maintain accurate and up-to-date records in internal systems.

Stakeholder Engagement

• Collaborate with internal teams (Legal, Risk, Finance, Operations, IT) and external partners (insurance managers, corporate service providers, regulators, rating agencies).
• Monitor and coordinate responses to communications from brokers and cedants.