EXL

Analyzes business data and runs outsourced operations

Lead Assistant Manager - Insurance, Back Office

InsuranceConfirmed live in the last 24 hours

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

About the Job

Requirements

A graduate qualification with at least 15 years of education in any discipline.
At least 4 years of experience for Assistant Manager and 7 years of experience for Lead Assistant Manager.
Knowledge of the UK insurance industry is preferred.
Experience in Open Co is preferred.
Capability to conduct appraisal discussions and assess different levels of performance and potential.
Capability to communicate with large teams.
Understanding of the domain needs of the process and its key drivers.
A reasonable level of business perspective regarding the internal functioning of the BPO and supplier organization.
Networking capability and client-facing skills.
Experience with reinsurance setup, sanctions, and submission clearance in the system.
Experience with facultative and treaty reinsurance contract management, including setting up and maintaining contracts.
Experience managing post-bind cancellations and endorsements.
Experience calculating and booking reinsurance premiums and processing bordereaux in the system.
Experience calculating and booking contractual obligations such as profit commission, premium adjustments, and no-claims bonuses.
Ability to review and incorporate quarterly and yearly instructions.
Experience analyzing actual results against expectations and prior periods.
Experience communicating with customers daily and internal stakeholders regularly.
Team-handling skills, daily query handling, and feedback management to address operational challenges and drive Lean improvements and better controls.
Exposure to training methodology to drive effective training and achieve desired results.

Responsibilities

Manage end-to-end reinsurance operations, including system setup, sanctions checks, submissions, and facultative and treaty contract administration.
Handle post-bind activities such as cancellations and endorsements, and accurately calculate and book reinsurance premiums and bordereaux.
Calculate and record contractual obligations, including profit commission, premium adjustments, and no-claims bonuses, ensuring compliance with quarterly and annual instructions.
Perform variance analysis of actual results against expectations and prior periods, while maintaining regular communication with customers and internal stakeholders.
Lead teams through daily operations, query resolution, Lean process improvements, and structured training initiatives to enhance controls and performance.

Desired Qualifications

Knowledge of the UK insurance industry.
Experience in Open Co.

Manage end‑to‑end reinsurance operations including system setup, sanctions checks, submissions, and facultative/treaty contract administration.

Handle post‑bind activities such as cancellations, endorsements, and accurate calculation and booking of reinsurance premiums and bordereaux.
- Calculate and record contractual obligations including profit commission, premium adjustments, and no‑claims bonuses, ensuring compliance with quarterly and annual instructions.
- Perform variance analysis of actual results against expectations and prior periods, while maintaining regular communication with customers and internal stakeholders.
- Lead teams through daily operations, query resolution, Lean process improvements, and structured training initiatives to enhance controls and performance.

· Graduate with at least fifteen (15) years of education in any discipline
· 4+ years of experience for AM and 7+ Years of experience for LAM
Knowledge of UK Insurance industry preferable
· Experience in Open Co preferable
· Capability to conduct an appraisal discussion and assess different levels of performance and potential
· Capability to communicate with large teams
· Appreciation of the domain needs of the process and its key drivers
· Reasonable level of business perspective regarding the internal functioning of BPO and Supplier’s organization
· Good networking capability and client facing skills

· Reinsurance Setup, Sanctions & Submission clearance in the system.
· Facultative & Treaty Reinsurance Contract Management - Setting up & maintaining the reinsurance contract.
· Post bind work like Cancellation/endorsement management.
· Premium - Calculating and booking of reinsurance premiums and processing bordereaux in the system.
· Calculating & booking of contractual obligations like Profit commission, Prem adjustments, No claims bonus etc.
· Ensure the quarterly and yearly instructions are reviewed and incorporated.
· Analysis of actual results compared with expectations, as well as prior periods.
· Communicate with customer on day-to-day basis and internal stakeholder on regular basis
· Team handling skills, daily query handling, feedback management to iron out the operational challenges and driving improvements (Lean) to bring better controls.
· Exposure towards training methodology to drive effective training to bring desired result.

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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