EXL

Analyzes business data and runs outsourced operations

F&A / Reinsurance Assistant Manager

Claims AdjudicationConfirmed 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.
At least 5 years of overall experience for Assistant Manager, including at least 2 years of experience in reinsurance operations or accounting.
Client management experience.
Proficiency in Microsoft Excel, including IF functions, VLOOKUP, HLOOKUP, PivotTables, and INDEX-MATCH, and in PowerPoint.
Strong written and verbal communication and analytical skills.
Good decision-making skills.
Ability to prioritize and multitask, maintain attention to detail, and solve problems.
Ability to work to tight deadlines and under pressure.

Responsibilities

Handle life reinsurance treaties and facultative contracts, review contracts, and correct policy cessions.
Prepare bordereaux and excess-of-loss and facultative billings for brokers and reinsurers.
Review invoices and reconcile and settle receivables and payables.
Handle claims from initial notice through billing and collections from brokers and reinsurers.
Book, allocate, and reconcile cash.
Handle market and auditor queries.
Prepare manual journal entries and topside allocations for ceded premiums and claims.
Calculate ceded net amount of risk and delayed claim interest, and book claim accruals.
Review and manage collateral.
Prepare management reports.
Prepare Schedule S reports.

Desired Qualifications

Experience in life reinsurance.
Knowledge of TAI.

F&A / Reinsurance-Assistant Manager

Bachelor’s degree or Post Graduate in Commerce with overall 5+ years of experience for AM.
- 2+ years of experience in the field of Reinsurance operations or accounting for AM
Client management experience
Proficiency in MS Excel (IF functions, VLOOKUP, HLOOKUP, PIVOT, INDEXMATCH) and PowerPoint
Desirable-Experience in Life Reinsurance preferred

Knowledge of TAI preferred.

Key Responsibility Areas including preferred Skills and Experience

Handling Life reinsurance contracts- Treaty and FAC, review of the contracts and policy cession correction
Preparing bordereaux, XOL and FAC billings to be sent to brokers/Reinsurers
Invoice review, Receivable/Payables reconciliation & settlement
Claims handling from initial notice, billing and collections from brokers/Reinsurers.
Cash booking, allocation and reconciliations
Handle market and auditor queries
Manual JE prep and topside allocation for ceded premium and claims
Calculation of Ceded Net Amount of Risk and delayed claim interest, booking of claims accrual
Collateral review and management
Management reporting
Schedule S reporting

Competencies:

Good communication both written, verbal, and analytical skills
Good decision-making skill
Committed to achieving specific objectives and takes ownership for accomplishing them.
Effectively balances quality, customer service and productivity standards
Ability to prioritize & multi-task
Exhibits meticulous attention to detail
Good problem solving & analytical skills

Capable of working with tight deadlines and working under pressure

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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