Manager - IT Reinsurance

Roles and Responsibilities:

Reinsurance Technology Portfolio Management

• Own and manage the complete Reinsurance IT portfolio across all Lines of Business.
• Ensure stable operations, scalability, performance, and availability of all Reinsurance applications.
• Develop and execute technology roadmap aligned with business strategy and regulatory requirements.
• Govern end-to-end system lifecycle management including development, deployment, enhancement, support, and retirement.

Application Delivery & Change Management

• Lead requirement analysis, solution design, development, testing, deployment, and production rollout of all Reinsurance initiatives.
• Ensure all RI-related requirements are planned, prioritized, tracked, and delivered as per IT governance processes.
• Drive implementation of new business requirements related to treaties, commissions, bordereaux, settlements, accounting, and reporting.
• Manage application releases and production changes with minimal business disruption.

Month-End Closing & Business Continuity

• Ensure successful completion of monthly Reinsurance closing activities within defined timelines (target within 3 working days).
• Monitor reconciliation, data validation, accounting outputs, and downstream integrations.
• Drive root cause analysis and ensure closure of all defects and observations before subsequent month-end cycles.
• Maintain continuity of critical financial and operational processes.

IFRS Enablement

• Own technology support and implementation of IFRS 17 related requirements across Reinsurance systems.
• Ensure accurate data flow, accounting treatment, reporting, and integration with finance systems.
• Support Finance, Actuarial, and Risk teams in IFRS 17 compliance initiatives.
• Drive enhancements required due to evolving accounting and regulatory standards.

Treaty Configuration & Annual Renewals

• Ensure annual treaty configurations and renewals are completed accurately and within business timelines.
• Support implementation of new treaty structures, facultative arrangements, commissions, and business rules.
• Ensure impact assessment and system readiness for every treaty renewal cycle.

Job Requirements :

• 5-12 years of experience in IT management or a related field.
• Strong understanding of application engineering, application delivery, and business analysis principles.
• Experience working in an insurance industry environment (preferably reinsurance) is desirable but not essential.
• • Deep understanding of Reinsurance business processes and operations.
  • Strong knowledge of General Insurance business across multiple LOBs.
  • Working knowledge of IFRS and insurance accounting processes.
  • Knowledge of audit, risk, compliance, and regulatory frameworks.
  Understanding of policy administration, underwriting, claims, and finance systems
  

• Technical Knowledge

  • Enterprise application architecture and integration.
  • Software development lifecycle (SDLC) and Agile delivery.
  • Cloud platforms, infrastructure, database, and middleware technologies.
  • Application support and service management processes.
  • Automation, Artificial Intelligence, and process digitization technologies.
  • Data management, reporting, analytics, and reconciliation frameworks.
  Information security and disaster recovery practices
  
• • 8+ years of experience in Reinsurance Technology, Insurance Application Delivery
  • Proven experience managing end-to-end Reinsurance systems and platforms.
  • Experience in General Insurance domain with strong understanding of treaty, facultative, commission, bordereaux, claims recovery, accounting, and settlement processes.
  • Experience in implementing and supporting IFRS related technology solutions.
  Demonstrated experience leading application development, support, and transformation programs