Job Category: Finance & Accounting

Job Description:

The primary responsibilities of this role include -

- Ensure adherence to Company Policies and Procedures
- Manage Cash Application - Validations and execution of transactions with accuracy and timeliness
- Analysis of Unapplied/Unallocated Cash - Research and Analysis of aged unmatched transactions and Suspense Account and Unapplied/Unallocated Cash
- Analyze and research on open queries assigned as per designated portfolio
- Research and Analyze Insurance documents for query management
- Provide excellent customer service to all stakeholders [External and Internal]
- Provide the relevant accounts receivable reports on a daily/ weekly/ monthly basis
- Ensure the assigned task completion in accordance with the SLA and company standards
- Knowledge and expertise in the insurance finance [London Market experience preferred]
- Provide support to team members in absence of primary resources

Responsibilities:

Collection background and understand the collection strategies, have prior experience of talking to brokers, follow up for debt collection and have the understanding of reading sign slips, endorsements. Experience in Lloyd's Insurance Market will be an added advantage. Ensure adherence to Company Policies and Procedures Analysis of Unapplied/Unallocated Cash - Research and Analysis of aged unmatched transactions and Suspense Account and Unapplied/Unallocated Cash Analyze and research on open queries assigned as per designated portfolio Ensure the assigned task completion in accordance with the SLA and company standards

Qualifications:

- Commerce Graduate with at least 2+ years of experience [Insurance Domain + OTC]
- Sound understanding of end-to-end OTC cycle and Accounts Receivable
- Comprehension skills - should be able to read,



interpret business documents
- Minimum 1 year of experience in Cash Application and Unallocated/Unapplied payment handling
- Good communication & business writing skills. Ability to liaison with multiple departments/stakeholders
- Knowledge of Daily, Weekly & Monthly reporting is preferred

About the Team: EXL is the indispensable partner for leading businesses in data-led industries such as insurance, banking and financial services, healthcare, retail and logistics. We bring a unique combination of data, advanced analytics, digital technology and industry expertise to help our clients turn data into insights, streamline operations, improve customer experience, and transform their business. Our partnerships with clients are built on a foundation of collaboration - and we've been chosen as a partner by nine of the top ten leading US insurance companies, nine of the top 20 global banks, and six of the top ten US health care payers. We function as one team to make your goals our goals, whether that's unlocking the value of generative AI or embedding analytics into workflows that reduce risk or power your growth. Clients choose EXL as their transformation partner for many reasons. Our geographic diversity make talent all over the world instantly accessible. Digital accelerators enable unmatched speed-to-value, letting you realize results quick. It's our people that truly set us apart, though, including the 1,500 data scientists we have dedicated to our generative AI practice. And our more than twenty years of experience in delivering business services, garnering stellar client references, and maintaining a solid balance sheet are reassuring to our C-suite clients. Find out for yourself why clients, employees, and analysts think we're some of the best in the business. Contact us to see how we can help you achieve your goals.

📌 Senior Executive (Noida)
🏢 EXL Service
📍 Noida