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EXL

Analyzes business data and runs outsourced operations

Lead Assistant Manager

Financial Accounting +1Posted on Nov 12
Full-timeUttar Pradesh, IndiaNo salary listedIn-person

About the Job

Requirements

  • A Bachelor's degree in Accounting is required; an MBA or CA is optional.
  • Experience with Blue & Yellow books is required.
  • At least 3 years of experience in insurance or reinsurance financial operations is required.
  • Hands-on experience with ceded contract setup, reinsurance bordereau, cash application, and reconciliation is required.
  • Ability to document processes and develop standard operating procedures is required.
  • Advanced proficiency in Microsoft Office, especially Excel, including pivot tables, macros, and VLOOKUP, is required.
  • Strong analytical, problem-solving, and attention-to-detail skills are required.
  • Excellent oral and written communication and effective presentation abilities are required.
  • Ability to work under pressure, meet tight deadlines, and manage multiple priorities is required.
  • Fluency in English is required.

Responsibilities

  • Review and prepare statutory financial statements, notes, general interrogatories, schedules, exhibits, and applicable supplemental filings.
  • Oversee end-to-end treaty invoice processing, ensuring accuracy and timely issuance.
  • Manage cash application, posting, and reconciliation of payments against invoices and treaty accounts.
  • Prepare, validate, and post reinsurance bordereau and ceded contract setups.
  • Maintain cash books, perform regular reconciliations, and resolve discrepancies.
  • Drive cash collection, monitor outstanding receivables, and support treasury settlements.
  • Create and maintain detailed standard operating procedures and process documentation for all finance and accounting activities.
  • Collaborate with accounting, treasury, and underwriting teams to resolve transaction issues.
  • Implement and monitor internal controls for cash handling, reporting, and regulatory compliance.
  • Prepare periodic financial reports, variance analyses, and management dashboards.
  • Mentor junior staff, conduct training, and promote best practices in finance and accounting operations.

Desired Qualifications

  • Eight years of overall experience in the insurance industry is preferred.
  • Knowledge of Hindi or regional languages is a plus.

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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