Unit Manager - Operations

Job description

Description and Requirements

• Month end close call to ensure all month end entries for reinsurance group has been posted.
• Assist with monthly financial reporting, such as booking accounting entries, setting up wire transfers in Kyriba and balance sheet certifications. Ensure overall governance and highlight/escalate potential issue
• Cater to STAT and GAAP requirement for reporting and analysis for reinsurance
• Document administration and financial reporting workflows and recommend improvements to these processes where appropriate
• Prepare internal MIS and analytics relating to reinsurance Inquiries highlighting resource utilization and turnaround time and provide tracking of audits (Reinsurance, D&T, SOX, and State exams).
• Perform research relating to queries raised by reinsurers, auditors, etc. and assist with preparing timely responses
• Prepare monthly reports summarizing experience under all reinsurance treaties for the current month/ YTD
• Prepare CMMI documentation for audit and knowledge about PPM and other internal reporting is required.
• Preparation of Management reports for internal review by Higher management.
• Prepare periodic reinsurance settlements by compiling data from the ledger, direct administration systems, the reinsurance data mart, valuations and various other internal sources