Balaji MV

• Bridge business requirements and QA validation across projects, ensuring test coverage meets
functional and regulatory requirements for reinsurance systems.
• Validate reinsurance workflows, treaty/facultative calculations, and compliance rules pre-release,
reducing production defect leakage.
• Apply SQL-based data validation to reconcile test datasets, identifying and resolving data integrity
issues.
• Coordinate across QA, development, and business stakeholders to streamline UAT sign-off, cutting
review cycle time.

- Over 12 years of professional experience with organized, strong technical, analytical, creative and organizational skills in the role of a Business Analyst

- 10 years of experience in Non-life insurance with in-depth knowledge of the technical accounting concepts (Treaty & Facultative). Vast experience in handling clients from Europe, South East Asia, Middle East, Turkey and Pakistan

- Have hands-on experience on Data quality reviews, Operational Evidencing activities, Reconciliations and meeting Audit requirements

- Involved in training next generation Technical accountants on various concepts like Portfolio management, Claims handling, Business condition like Sliding scale commission, Profit Commission, Reinstatement Premiums, System Interphase, Business Objects etc.

- Business Transition: Involved in business shifts (Classic to e-admin - ELRAC Electronic Reinsurance Accounting). Was responsible for transition of ELRAC portfolio (Run off contracts) to Bratislava (Slovakia). Supported the team (On Site) in Bratislava for a period of one month on various topics (Knowledge transfer, claims training, assisted in cedent closing process & attended process & client related queries)

-Liability Management\Commutation (August 2013 to Jan 2016 ) -

Primary responsibility is to drive the small value commutation projects and providing run off solutions to the client. In depth knowledge on commutation process and redundant reserves reduction strategy. Proactively explore commutation and account management opportunities - frequent Portfolio deep dives analysis

-eAdmin \ Digitization (ACORD template) (Current role) -

- Monitoring automation: Heavily involved in automation\digitization of Technical Accounting invoice (Statement of Accounts). Work closely with key brokers like Aon and Guy carp to ensure the smooth flow of invoices (Statement of Accounts) through automated channel

- Testing & Implementations: Play a key role in new deployments & testing

- Analysis of potential clients for all platforms: Contribute to increase the size of eAdmin\Digitized portfolio through portfolio deep dive analysis

- B2B, ELRAC, NEXT50 (OCR/Digitization)

- Pursuing ACE certification from ACORD

• Led a 25-member team managing end-to-end reinsurance operations — statements of accounts,
premium billings, and commission adjustments — for facultative placements, aligned to London Market
and Lloyds standards.
• Oversaw technical accounting for brokerage/commission postings across the cedent portfolio, ensuring
accurate revenue recognition and reconciliation accuracy.
• Managed complex Quota Share (QS) and Excess of Loss (XOL) calculations for facultative and treaty
placements.
• Reviewed monthly bound-business pipeline, reporting variances to management and improving
forecast visibility.
• Enforced KYC/compliance screening and Terms of Business Agreement sign-off across the full cedent
portfolio, maintaining zero compliance exceptions in internal audits. Presented quarterly actuals-vs-budget performance reviews to senior management, supporting budget
variance tracking.

Reinsurance Operations & Underwriting Support
• Led a team delivering end-to-end treaty/facultative reinsurance operations, maintaining full Lloyds/UW
compliance.
• Supervised pre- and post-binding operations — documentation, policy issuance, bordereaux processing
— with zero SLA breaches.
eAdmin / ACORD & Technical Accounting
• Drove automation initiatives achieving a 55% digitization rate and 70% improvement in processing
efficiency; awarded Own It (2020) for innovation.
• Implemented ACORD eAdmin standards with Aon and Guy Carpenter, cutting manual
invoice/transaction processing effort and improving accuracy.
• Led migration of the ELRAC reinsurance portfolio to Bratislava with zero data-continuity issues.
Commutation & Run-Off
• Executed commutation strategies reducing redundant reserves, improving balance sheet efficiency and
reducing long-tail liabilities.
Portfolio Management & Technical Accounting
• Managed technical accounting for treaty/facultative business across Europe, APAC, Middle East, and
Turkey.
• Delivered domain training (Quota Share, Surplus, Profit Commission, Reinstatements) to technical
accountants.
• Performed reconciliations (AR/AP), maintaining ledger accuracy and resolving issues promptly.

Hewlet Packard (GEBC):

Process Associate(September 2004 to October 2006)

· Vendor setup process: - Assigning of vendor codes to vendors for payments. Adding of vendors to the HP vendor database (SAP) based on requirement

· Clearing Invoices with vendor codes to facilitate payments

· Analysis of Duplicate vendor thus helping the operations to avoid duplicate payments in the system

· Knowledge of Payments process - coordination of payments between Citibank and HP Database also checking for exceptions or fallouts. Knowledge of Purchase Administration process

· Knowledge of Invoice process, booking of invoices to SAP & Accounts Reconciliation process

• Processed vendor onboarding, invoicing, and payment reconciliation via SAP and Citibank systems,
building foundational AP and process-control experience.