- Prepare financial and management reporting
- Perform Regulatory reporting such Schedule P, Schedule F etc
- Review ceded premium and loss results from the reinsurance system
- Manage review of reinsurance payments to the brokers/reinsurers
- Review claims billings
- Perform accounting transactions, manual journals
Perform GL Reconciliation
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Technical Skills :
- Valuable knowledge of ceded reinsurance
- Sound analytical skill
- MS Excel and other office tools
Have an understanding of US GAAP
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Education
- Bachelor’s degree or Post Graduate in Accounting, MBA (Finance)
- Insurance/Reinsurance certifications preferred
Primary Internal Interactions
- LAM / Manager for the purpose of reporting performance, escalation handling, clarifying concerns, seeking support and monthly evaluation of performance
- AVP for the purpose of settling issues left unresolved by the LAM /Manager
- Subject Matter Expert for the purpose of handling process related issues, queries and escalated transactions
- QCA for the purpose of associate performance feedback and audit in order to update the training curriculum
- Primary External Interactions
- Onshore teams for routine day to day tasks
- Auditors for the purpose of getting Audit Requirements & supplying adequate documents
- Trainers, SMEs and Operations for the purpose of developing and updating training curriculum,
provide feedback on training and discussing specific action plans
- Will interact extensively with onshore for US GAAP and regulatory reporting
Escalations team at client end for the purpose of seeking clarifications & answering queries
- Education Requirements
- Bachelor’s degree or Post Graduate in Accounting, MBA (Finance), CA
Insurance/Reinsurance certifications preferred
- Work Experience Requirements
Lead Assistant Manager:-
- 4-5 years of experience in the field of Reinsurance operations or accounting
- Overall experience of 7-10 Years
- Hands on experience in working with large data
- Analytical abilities
Strong MS Excel and communication skills
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Assistant Manager:-
- 2-4 years of experience in the field of Reinsurance operations or accounting
- Overall experience of 5-7 Years
- Hands on experience in handling reinsurance processes
- Good MS Excel and communication skills
Responsibilities: Managing accounting for Ceded Premium, commission, UEP,Claims, reserves and cash
Calculation and booking of manual top side journals
Performing Balances sheet and Intercompany reconciliations
Preparation of Management & Financial Reporting
Preparation of regulatory reporting
- Qualifications: Bachelor’s degree or Post Graduate in Accounting, MBA (Finance), CA
- Insurance/Reinsurance certifications preferred
📌 Assistant Manager (Noida)
🏢 EXL Service
📍 Noida
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