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MetLife

Senior Associate - Reins Admin Operation

Job Posted 2 Days Ago Posted 2 Days Ago
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Remote
Hybrid
Hiring Remotely in India
Senior level
Remote
Hybrid
Hiring Remotely in India
Senior level
The Senior Associate - Reins Admin Operation will calculate and process monthly settlements, manage reconciliations and financial reporting, ensure compliance with internal standards, and address discrepancies with banks and customers. Duties also include processing payments to reinsurers and conducting trend analysis for financial reports.
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Description and Requirements
1. Calculate and process monthly settlements, accounting, reconciliations, and financial reporting.
2. Follow up with bank and other internal customer for closure of open items and provide backup for all discrepancies.
3. Ensure all the assigned targets are met in accordance with SLA and Internal Standards.
4. Ensure that quality of transaction is in compliance with predefined parameters as defined by Process Excellence.
5. Process payment to or from reinsurers on a monthly or quarterly basis, including initiating wires, accounting and reconciliation.
6. Provide trend analysis on the different components of reinsurance settlements and their impact on the financial reports.
7. Provide assistance with reinsurance requests for internal and external customers .
About MetLife
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™ for 2024, MetLife , through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services.
At MetLife, it's #AllTogetherPossible . Join us!
#BI-Hybrid

Top Skills

Accounting
Financial Reporting
Reconciliation

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