Lead Assistant Manager
EXLNoida, Uttar Pradesh, India
Posted March 16, 2026
Full Time
About the Company
EXL is a digital transformation partner specializing in operations management, decision analytics, and technology platforms. They offer tailored solutions to help businesses leverage data for better decisions, drive efficiency, and maintain a competitive edge. EXL's collaborative approach, deep industry expertise, and focus on outcomes make them distinctive in their field.
Job Description
The role involves recording, reconciling, and reporting premiums, claims, commissions, and recoveries related to reinsurance contracts, ensuring accurate financial reporting and compliance with accounting standards.
Requirements
- 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.