Prashant Kumar

• Managing client relationships, ensuring high levels of customer satisfaction and retention Ceded Re market.
• Successfully overseeing Reinsurance accounting administration, handling diverse lines of business, and efficiently managing monthly close, Ad hoc requirements and financial reporting for both ceded and assumed business.
• Effectively managing global accounts payable and receivable, ensuring timely billing and settlement, ad hoc reporting while providing seamless communications with brokers and large loss business handling brokers in the market.
• Cultivating and maintaining strong relationships with Reinsurers, brokers, and other stakeholders in the Reinsurance market to manage Constructive collections.
• Managing a diverse portfolio of reinsurance clients, overseeing various lines of business segregated over different programs and ensuring compliance with contractual obligations.
• Efficiently manage cash allocation in Genius, Oracle and ProCede, accurately recording ceded transactions and maintaining financial records.
• Proficiently created RI journals, reviewing and finalise bordereaux, managed accounting transactions, and performed general ledger reconciliations with precision.
• Skillfully handled payment discrepancies to uphold financial accuracy.
• Serving as the primary liaison for Broker inquiries and addressing service-related matters with utmost efficiency and professionalism.
• Proficiently managing the Property & Casualty insurance portfolio, demonstrating expertise in policy underwriter support, risk assessment, and efficient claims credit controlling to ensure recovery of losses from the market.
• Handling projects on innovative reinsurance operations by exploring technical knowledge and implementing advanced innovation, optimizing workflows and continuous improvement to deliver superior solutions and services.
• Produced comprehensive Accounts Receivable aging reports to facilitate strategic financial planning.
• Expertly supervising Facultative program, Cash call, Large loss accounts billing procedures, ensuring precision in invoicing and seamless financial transactions.

• Oversaw the administration of Defined Benefits plans, including benefit calculations, participant communications, and annual reporting
• Evaluated and designed Defined Benefits plans, ensuring alignment with client objectives, compliance with regulations, and cost-effectiveness
• Proficiently oversees and optimizes 401(k) accounts for a diverse group of US participants, ensuring increased retirement savings and enhanced financial security.

• Conducted in-depth research on customer behavior and brand preferences across various Real Estate products
• Analyzed and interpreted purchasing patterns of consumers in the Noida real estate market.

Detail-oriented finance professional with an MBA in Financial Planning and Analysis, accomplished in conducting scenario analysis and identifying key performance indicators to drive operational efficiency.

Graduate with a strong foundation in financial services and insurance industry practices. Skilled in analyzing market trends, managing portfolios, and evaluating risk exposures.