Trainee

Hi Candidate,

We are hiring for Commerce Graduate Freshers for Vikhroli - Mumbai for a Reinsurance process.

Roles and Responsibilities: -

Trainee :-

• Follow all processes explicitly to ensure the secure, efficient and auditable handling of clients monies • Maintain up to date and accurate records
• Own the fiscal relationship for designated clients / reinsurers. Act as the main point of contact for all matters relating to payment
• Actively service accounts to a high standard and within deadlines. Ensure timely collection and payment of monies due to / from clients, reinsurers and third parties; reconciliation, chasing and minimisation of funding
• Use MI to identify debtor related problems and escalate / negotiate / influence where necessary to resolve.
• Review and correlate cash on a daily basis
• Ensure compliance with Gallagher internal accounting and settlement procedures and external regulations (e.g. FCA)
• Maintain ongoing relationships with assigned Clients / Reinsurers / Third parties
• Liaise with Client Service Managers and other associates as appropriate to ensure Business Unit targets met
• Escalate issues to Client Service Manager / Operations Director / Account Executive as appropriate
• Adhere to standardised Group policies and procedures, Accounting and Settlement fundamentals, including all GEM and other regulatory requirements
• Deliver as per the KPIs defined for the role. To always maintain set SLA Accuracy/Quality, TAT standards prescribed by the Business Unit meeting Gallagher Re Servicing Standards and metrics
• Manage workload / volumes and delivery expectations as per business requirement.

Skills:

• Business Communication Written & Verbal
• Only Commerce (B.com /BBI )Graduates - Fresher (2023/2024 - passed out)
• Analytical skills (including but not limited to - Eye for detail, Interpretation of documents)