EXL

Analyzes business data and runs outsourced operations

Lead Assistant Manager

InsuranceConfirmed live in the last 24 hours

Full-timeNoida, Uttar Pradesh, IndiaNo salary listedIn-person

About the Job

Requirements

A bachelor's degree or postgraduate qualification in Commerce is required.
At least 7 years of overall experience is required for LAM.
At least 3 years of experience in reinsurance operations or accounting is required for AM.
Client management experience is required.
Proficiency in Microsoft Excel, including IF functions, VLOOKUP, HLOOKUP, PivotTables, and INDEX-MATCH, and PowerPoint is required.
Good written and verbal communication and analytical skills are required.
Good decision-making skills are required.
Ability to prioritize and multitask is required.
Meticulous attention to detail and problem-solving skills are required.
Ability to work under tight deadlines and pressure is required.

Responsibilities

Handle reinsurance contracts, including treaty and facultative setup.
Perform cession calculations and validate ceded premium and loss results from the reinsurance system.
Prepare bordereaux and excess-of-loss and facultative billings for brokers and reinsurers.
Collect open recoverables and handle market queries.
Review invoices and reconcile and settle receivables and payables, including agreeing LORS settlements.
Reconcile and allocate cash.
Prepare or support manual journal entries and topside allocations.
Adjust deposit premiums.
Prepare management and regulatory reporting.

Desired Qualifications

Certification in property and casualty insurance is desirable.
Knowledge of London Market reinsurance is preferred.

Key Responsibility Areas including preferred Skills and ExperienceHandling reinsurance contracts- Treaty, FAC set-up ;Perform cession calculations and validate, ceded premium and loss results from the reinsurance systemPreparing bordereaux, XOL and FAC billings to be sent to brokers/ReinsurersCollection of open recoverable, handle market queriesInvoice review, Receivable/Payables reconciliation & settlement, agree LORS settlementsCash reconciliation and allocationManual JE prep / support/ Topside allocationDeposit premiums adjustments ;Management reporting ;Regulatory reporting ;Competencies: ;Good communication both written, verbal, and analytical skillsGood decision-making skill ;Committed to achieving specific objectives and takes ownership for accomplishing them.Effectively balances quality, customer service and productivity standardsAbility to prioritize & multi-taskExhibits meticulous attention to detailGood problem solving & analytical skills ;Capable of working with tight deadlines and working under pressureEligibility Criteria: ;Bachelor’s degree or Post Graduate in Commerce with overall 7+ years of experience for LAM3+ years of experience in the field of Reinsurance operations or accounting for AM and ;Client management experienceProficiency in MS Excel (IF functions, VLOOKUP, HLOOKUP, PIVOT, INDEXMATCH) and PowerPoint ;Desirable-Certification in P&C InsuranceKnowledge of London Market reinsurance preferred

About the Company

EXL

Analyzes business data and runs outsourced operations

EXL analyzes business data and runs outsourced operations for insurers, healthcare payers, banks, retailers, and other large organizations. Its teams combine industry expertise with data engineering and AI to handle tasks such as claims processing, payment reviews, customer service, and finance within existing technology environments. The company also builds software, including LifePRO, which manages insurance policies, and EXLdata.ai, which connects fragmented data for use in AI systems. Clients pay for consulting projects, ongoing managed services, and software delivered through the cloud. EXL was founded in 1999 and is headquartered in New York City.

Company size: 10,001+
Company stage: IPO
Headquarters: New York City, New York
Founded: 1999

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