Hayat Singh Bohra

• Manage underwriting and technical accounting processes for Property and Casualty Reinsurance, ensuring accuracy and compliance with industry standards.
• Create and present monthly performance dashboards to stakeholders, providing insights into key operational metrics and emerging trends.
• Share daily productivity updates and actively participate in daily and bi-weekly meetings to address process challenges and drive continuous improvement.
• Collaborate with external auditors, including KPMG and EY, by delivering accurate and timely data during annual audit reviews.
• Oversee casualty and facultative accounts for ASPEN, a leading UK-based insurance company, ensuring precise account management and reporting.
• Prepare and distribute Bi-weekly dashboards to onshore business heads and subject matter experts, highlighting key performance indicators.
• Audit and manage premium adjustments, return premiums (RIPs), and mid-term adjustments (MTAs) across ASPEN’s US, Bermuda, and Latin American portfolios.
• Contributed to the successful implementation of the CUW project by defining process requirements and enhancing reporting capabilities.
• Record ledger entries for premiums, commissions, brokerages, and paid losses in the Subscribe system; book outstanding reserves and loss adjustment expenses (LAE) for various ceding clients.
• Developed a comprehensive database for catastrophic events and calculate ASPEN’s proportional exposure and financial impact.
• Review and verify Bordereaux files for multiple ceding clients, ensuring accurate premium and expense setup in accordance with treaty guidelines.
• Book cash call entries and provide detailed insured information to onshore partners to support financial transparency.
• Review treaty wordings to ensure policy setup aligns with contractual obligations.
• Provide detailed premium and claims data to EY during external audits, supporting regulatory compliance and transparency.
• Lead and participate in daily, weekly, and bi-weekly calls, sharing process challenges, achievements, and volume trends to foster collaboration and operational efficiency.

• Prepared accruals and ledger entries for reinsurance transactions during month-end close.
• Posted GRDR sub-ledger entries for premiums and expenses received.
• Calculated commissions for insurers based on treaty agreements between insurance and reinsurance companies.
• Managed Quota Share and Excess of Loss treaties, maintaining accurate databases for premium and expense allocations as per treaty percentages.
• Reviewed and validated Bordeaux files for Captive and Pool clients to ensure accurate premium and expense setup in line with treaty guidelines.
• Reconciled Balance Sheet and Income Statement accounts, identifying and explaining variances during the month-end close process.
• Oversaw all aspects of group reinsurance administration and accounting across multiple lines of business, including monthly close and financial reporting for ceded and assumed treaties.
• Handled accruals and settlements for assumed and ceded business in multiple currencies, booking reclassification entries to address currency variances.
• Executed foreign exchange transactions via FXCM and facilitated wire transfers to insured accounts.
• Utilized financial systems such as FXCM, GRDR, Cognos, PeopleSoft, and TWS for operational efficiency.
• Provided support for multinational Captive/Pooling assumed arrangements and Captive Retrocession across the EMEA and Gulf regions.

Credit Control Finance at MetLife:

• Performed cash and check reconciliations for various MetLife general ledger accounts.
• Generated daily and weekly financial reports to support internal controls and decision-making.
• Mentored new team members and conducted training sessions to ensure smooth onboarding and process understanding.
• Communicated process updates and maintained documentation for complex account research and resolution.
• Compiled audit reports and dashboards; extracted data using query manager and updated onshore teams on turnaround times (TATs) and service level agreements (SLAs).

• Reconciled over 1,500 monthly financial transactions, including matching entries, investigating discrepancies, transferring funds, and executing purchases via FXCM, ensuring accuracy and timeliness.
• Prepared and distributed detailed financial reports to cross-functional departments for bookkeeping and audit purposes, covering outstanding issues, routine activities, resolved cases, and closures.
• Supported journal entry compilation and error correction to maintain clean and compliant financial records.
• Conducted weekly and monthly wire payment reconciliations, ensuring alignment between bank transactions and internal ledger entries.
• Reconciled multiple General Ledger (GL) accounts, maintaining the integrity and accuracy of financial statements.