Unit Manager - Operations

General Information

• Location: Noida, Uttar Pradesh
• Working Schedule: Full-Time
• Work Arrangement: Hybrid
• Relocation Assistance Available: No

Responsibilities

• Treaty Administration
• Administer reinsurance treaties throughout the contract lifecycle.
• Execute treaty onboarding and implementation activities.
• Maintain treaty inventories, supporting documentation, and operational workflows.
• Interpret treaty provisions and ensure administrative processes align with contractual requirements.
• Coordinate treaty changes, amendments, and operational setup activities.
• Monitor treaty performance and identify operational risks, control gaps, and process improvement opportunities.
• Manage Modified Coinsurance (ModCo), funds withheld arrangements, annuity reinsurance programs, and Pension Risk Transfer (PRT) reinsurance agreements.

Accounting and Settlement Operations

• Perform monthly, quarterly, and annual close-related reinsurance activities.
• Calculate, review, and process reinsurance billings and settlements.
• Prepare and review journal entries associated with reinsurance transactions.
• Manage ceded premium, claims reimbursement, reserve settlements, and other treaty-related balances.
• Monitor and resolve outstanding recoverables and settlement discrepancies.
• Coordinate with Accounting and Finance teams to ensure accurate financial reporting.
• Support general ledger reconciliations and account certification activities.

Reconciliations and Controls

• Perform reconciliations between operational systems, accounting records, settlement reports, and treaty calculations.
• Investigate and resolve data variances and operational exceptions.
• Execute and document SOX control activities.
• Support internal control testing and remediation efforts.
• Maintain audit-ready documentation supporting key operational processes and financial transactions.

Reporting and Analytics

• Prepare recurring operational and financial reports.
• Support management reporting and key performance indicator development.
• Deliver data analytics to support decision-making and operational oversight.
• Provide reinsurance data and insights to Finance, Accounting, Actuarial, and Risk Management stakeholders.
• Leverage reporting tools and business intelligence platforms to improve transparency and operational performance.

Audit, Regulatory, and Governance Support

• Support internal, external, and regulatory audits.
• Respond to audit inquiries and documentation requests.
• Ensure compliance with internal policies, regulatory requirements, and treaty provisions.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.