Pavan Deshpande

· Lead and manage a team of twelve within the Reinsurance Technical department from HO

· Managing the Outsource, six members perform daily operational tasks

· Oversee daily operational work goes smoothly

· Assist Finance in period closings, reconciliations, and settlements

· Drive clearance of provisional accounts, prior-year balances, and collection of unallocated cash.

· Monitor SOA processing, premium closings, reconciliations, and audit readiness.

· Coordinate with Underwriting, Claims, Finance, Actuarial, and outsourced teams.

· Strengthening operational controls, turnaround times, and client service standards

· Managed treaty and facultative business across India, Sri Lanka, Nepal, and Africa.

· Supported brokers through standardized templates, system workflows, and renewals.

· Prepared slips, cover notes, endorsements, placement charts, and statistics.

· Handled end-to-end facultative documentation and system entries

• Handled treaty negotiation and placement across India, USA, Maldives, Bhutan, and Africa.

• Presented renewal statistics and proposals to global reinsurers.

· Studying & Processing Treaty Renewal offers and approaching the existing as well as new markets and Coordinating with all the Reinsurance Companies and generate response or handle Queries in strict time lines, to avoid any communication gap.

· Once treaty terms are finalized advising signed lines to Reinsurers and sending Reinsurance slips to Reinsurers.

· Preparing and sending Statistics, Risk Profiles, Reinsurance Slips, Cover Notes, Placement Charts, Drafting Business letters, Communicating with client (Insurance and Reinsurance Companies) both International and local and also following up with them.

· Checking Wordings of Proportional and Non-Proportional Treaties and if there is any query, seeking necessary clarification before forwarding it to respective Reinsurers and periodically chasing Reinsurers for the return of signed documents

· Handling end-to-end reinsurance portfolio

· Liaison with reinsurer for Proportional, non-proportional treaties and facultative quotes

· Resolution of queries raised by reinsurer by coordination with other departments

· Preparation of reinsurance slips

· Preparation of Bordereau (detailed report of loses & premiums affected by reinsurance)

· Preparation of Reinsurance MIS

· Close collaboration with Finance, Underwriting and Actuary teams

· Foreign Reinsurance remittance and settlements on periodic basis

· Reinsurance treaties (Treaty and Facultative) P&C analysis

· Work with the Actuaries and Underwriter team to analyze insurance risks on a portfolio level

· Monitor the contract documentations, ensuring timely flow of materials

· Reconciliation comprises of Premium, Claims, Brokerage, Legal Fees and Commission

· Business transition - Total workload of 2000+ odd remittances to be settled with no prior info

· Managed the workload and achieved all targets for the settlement of balances and remittances

· The LOB handled Property, Liability, Agri, Credit and Surety

· Design new approach, based on client's needs, placing business conditions.

· Collection of receivables within the payment due date as per SLA

· Reporting on Client Payment Performance to the stakeholders like business managers

· Preparation of Dashboard reports for Management on various KPI

· Cross collaboration with various stakeholders like underwriters, client managers, Payments

· Preparing and analyzing reports on estimated (budgeted) vs. actual collections

· Preparing the travel plan for client managers and underwriters during the renewals

· Portfolio consist of global clients (Willis, AIG, and Allianz)

• Drive business from the existing relationships.
• Explaining the products to customers and converting them to prospect customer.
• Generate new business and creating awareness about the Insurance.
• After sales and service. Addressing customer queries.
• Contacting claims team and do the follow ups.
• Keeping a tab on all open collection as per agreed time line.

Contacting Underwriters for special approvals, negotiating a price, exclusions etc