Nayan Savur
Specialist - Fiduciary | Expertise in Insurance & Reinsurance | Skilled in Account Management, Accounts Receivables and Payables, Compliance, Training and Reconciliation
- Role
- Specialist - Reinsurance at Guy Carpenter
- Location
- Mumbai, IN
- LinkedIn followers
- 500 followers
About Nayan Savur
A highly skilled and detail-oriented insurance industry professional with extensive experience in account investigations, compliance implementation, reconciliation, and financial operations. Expertise in managing accounts payable and receivables, ensuring the accurate and timely processing of payments and settlements. Strong background in compliance reviews and implementation, ensuring strict adherence to compliance guidelines, regulatory standards, and industry best practices. Proven leadership in conducting training programs for both new and existing team members, enhancing skills and fostering a collaborative, efficient work environment. A committed and reliable professional focused on delivering results while upholding the highest standards of financial integrity.
Experience
Specialist - Reinsurance
May 2024 — Present · Mumbai, IN
Client Account Management: Manage and oversee client accounts within the Reinsurance Collections Team, ensuring accurate tracking and processing of funds. Act as a key point of contact between the organization and various Fiduciary markets, facilitating the efficient collection of funds and resolving any issues related to the process. Working on the Clients Accounts to review and track the settlements received, chasing for premium settlements, and forwarding the funds to the Insurers, also handling the client queries in relation to the insurance contract. Compliance Implementation: Execute and oversee compliance procedures related to daily operations, focused on settlements initiated to clients and insurance companies. Conducting meticulous reviews of client transactions to ensure none are linked to any sanctioned countries. Reviewing movement of the funds to successfully implement Anti-Money Laundering (AML) compliance, applicable for all payments made or funds received in relation to insurance contracts. Investigate the source of payments, particularly when amendments are made to the reinsurance contract, to confirm the legitimacy and compliance of funds involved.Relationship Management: Maintaining strong, professional relationships with reinsurance clients and internal teams to ensure the smooth and timely flow of funds. In case the client turns non-responsive, liaising with the Broker to streamline the operations.
Education
MAEERS MIT - Sri Savitribai Phule Polytechnic
Diploma, Mechanical Engineering
2009 — 2013
All India Shivaji Memorial Societys College of Engineering, Pune
Bachelor’s Degree, Production Engineering
2013 — 2016
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