Amit Kumar

• Coordinated various client transitions and delivered on-site training in Toronto for Canada RI FAC process.
• Managed team executing full-spectrum ceded reinsurance collections and client services across international portfolios
• Strengthened recoverable tracking and mitigated schedule penalties via diligent monitoring
• Executed automation projects for notices query management tool, reducing manual effort significantly.
• Collaborated with business development teams on strategic growth initiatives and client engagement efforts
• Coordinated efforts with auditors and stakeholders, achieving complete compliance and streamlined audits.
• Streamlined insurance claims processing, reducing turnaround time by 20%. Developed financial plans tailored to client needs, enhancing portfolio performance. Conducted thorough risk assessments to identify potential liabilities and improve coverage. Collaborated with underwriters to finalize policy terms and ensure compliance. Provided ongoing support to clients, addressing inquiries and policy changes efficiently. Trained new staff on industry regulations and best practices in financial services. Analyzed market trends to recommend adjustments to investment strategies. Facilitated workshops on financial literacy for clients, increasing engagement and understanding.

• Maintained 100% year-over-year retention via effective client engagement and team collaboration
• Spearheaded multiple automation initiatives boosting operational efficiency
• Led cross-functional teams to enhance operational efficiency and streamline project delivery.

• Oversaw accounting for premium commission and recoveries, while ensuring strict adherence to GAAP.
• Collaborated with the placement and operations team to evaluate complex reinsurance transactions.
• Automated multiple anticipated treaty operations to enhance accuracy and turnaround.
• Spearheaded remote transition for waves 3, 4, and 5 of assumed treaty reinsurance.
• Enhanced client experience by streamlining insurance claims procedures and response times. Created personalized financial strategies to meet diverse client objectives. Performed thorough risk assessments, protecting clients from significant losses. Supervised management of client accounts, ensuring compliance with industry regulations. Conducted training workshops for employees on insurance offerings and financial services. Tracked all client interactions meticulously to support data integrity and analysis.

• Executed processing and validation of reinsurance statements for premium commissions, IBNR, and LAE.
• Executed intercompany journal entries, securing accurate consolidation.
• Analyzed booking discrepancies, leading to timely resolutions, and improved processes. Resolved client issues efficiently, fostering positive relationships. Assisted the actuarial team by supplying critical data insights and documentation.
• Executed onboarding training for new hires, alongside developing process documentation.
• Property and casualty insurance.

Accomplishments:

• Various star performer recognitions, excellence certificates, and leading awards.

• Managed rent invoicing collections and account maintenance using Tally to ensure accuracy and timely processing.
• Compiled billing reports and maintained financial records to support accurate accounting and reporting.
• Processed invoices and coordinated accounts payable to ensure timely payments and maintain reliable documentation.
• Compiled billing reports while overseeing financial record maintenance