- Screen every reinsurance counterparty chain (cedant, original insured, broker, reinsurer) against UK, OFAC, EU and UN lists at quote, bind, renewal, endorsement, claim and payment.
- Block any inward placement coming through an intermediary entity that isn't formally onboarded; the UK affiliate being onboarded doesn't cover its overseas arms.
- Run KYC/DD and security checks on reinsurers and capacity providers (licence, balance sheet,rating, collateral) before any binder or capacity arrangement goes live.
- Enforce contract certainty by confirming a signed slip, wording or scheme agreement is on file for every placement, participation split and commission term.
- Independently monitor reinsurance premium and commission flows: debit note ageing, outstanding premium, and whether commission actually reaches the cell.
- Validate BDX data (declarations, claims, rates, references) against treaty terms and flag mismatches before they reach reinsurers or auditors.
- Flag related-party and conflict exposures on reinsurance transactions and log them in the conflicts register.
- Track regulatory obligations and deadlines for reinsurance activity across UK (FCA), Seychelles (FSA), Guernsey (GFSC, run-off), UAE (DFSA) and Bermuda.
- Place an immediate hold on payments, receipts, renewals and claims when a hit or gap is found, escalate the same day, and keep the evidence trail audit-ready.
- Essential: 3+ years in reinsurance operations or compliance, working knowledge of fac/treaty mechanics, sanctions/AML screening and BDX, and the discipline to say "no" to the business.
Module No: 2706, 7th Floor, Yamuna building, Phase-III Campus, Technopark, Kazhakootam , 695581
Quality Assurance - Reinsurance
Brief Description
Preferred Skills
- 3+ years of experience in reinsurance operations or compliance
- Good Communication skill