EXL

Lead Assistant Manager

EXL  •  Noida, IN (Onsite)  •  2 months ago
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Job Description

This role involves recording, reconciling, and reporting premiums, claims, commissions, and recoveries related to reinsurance contracts. The role ensures accurate financial reporting, compliance with accounting standards, and proper settlement between insurers and reinsurers.

  • Record and manage reinsurance premium, claims, commissions, and recoveries in accounting systems.
  • Prepare and process reinsurance bordereaux, statements of accounts, and settlements with reinsurers and brokers.
  • Perform account reconciliations for reinsurance balances and resolve discrepancies.
  • Monitor and track reinsurance recoverables and payables to ensure timely collections and payments.
  • Support month-end and year-end closing activities related to reinsurance transactions.
  • Ensure accuracy and compliance with accounting standards, internal controls, and company policies.
  • Collaborate with underwriting, claims, and finance teams to validate reinsurance data.
  • Assist in financial reporting, audits, and regulatory requirements related to reinsurance.
  • Analyze reinsurance transactions and provide reports on premiums, claims, and recoveries

Post Graduate with 6-9 years of experience in insurance and reinsurance accounting

EXL

About EXL

Choosing a digital partner is about more than capabilities — it’s about collaboration and character.

Unrealistic overhauls and off-the-shelf products ignore what matters most — your unique needs, culture, goals, and your legacy data and technology environments.

At EXL, our collaboration is built on ongoing listening and learning to adapt our methodologies. We’re your business evolution partner—tailoring solutions that make the most of data to make better business decisions and drive more intelligence into your increasingly digital operations.

Whether your goals are scaling the use of AI and digital, redesign operating models, or driving better and faster decisions, we’re here to partner with you to help you gain—and maintain—competitive advantage with efficient, sustainable models at scale.

Our expertise in transformation, data science, and change management helps make your business more efficient and effective, improve customer relationships and enhance revenue growth. Instead of focusing on multi-year, resource- and time-intensive platform designs or migrations, we look deeper at your entire value chain to integrate strategies with impact.

We use our specialization in analytics, digital interventions, and operations management—alongside deep industry expertise — to deliver solutions that help you outperform the competition.

At EXL, it’s all about outcomes—your outcomes—and delivering success on your terms. Share your goals with us and together, we’ll optimize how you leverage data to drive your business forward.

For more information, visit www.exlservice.com.

Industry
Consulting & Advisory
Company Size
10,000+ employees
Headquarters
New York, NY
Year Founded
Unknown
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