Job Category Finance Accounting Manage end-to-end reinsurance operations including premium and loss accounting cession calculations treaty FAC XOL QS settlements reconciliations and reinsurance reporting Review and validate system cessions topside premiums loss adjustments and market bordereaux to ensure accuracy and compliance with client and reinsurer requirements Lead coach and support a reinsurance operations team resolving queries handling escalations and driving timely delivery of daily monthly and periodic processes Oversee claim notifications collections cash applications month-end journal entries and financial close activities with strong control and governance Establish and improve processes controls and quality standards to achieve operational excellence and meet business audit and client expectations Responsibilities Sound understanding of Reinsurance operation and accounting of Premium and Losses Topside Premium and losses Adj Review of cession calculations system cessions and validations Review of settlements of FAC XOL and QS Treaties Review of the Market reports Bordereaux sent to the reinsurers brokers Should be able to manage a team and coach them continuously to achieve business goal Able to help team in resolving their queries as an when needed To ensure complete operations management for end-to-end processes including Claim notice collections Cash applications month end premium and loss JEs reconciliation and reinsurance reporting Is required to possess deep knowledge of the all the activities workflow expectations of all end clients To ensure timely and accurate delivery of daily monthly and periodic processing of client requirements Should establish systems and processes to ensure highest quality levels of performance is achieved on a day-to day basis To handle any escalation w r t any operational issue Qualifications Bachelor s degree or Post Graduate with overall 10-15 years of experience 5 years of supervisory experience in the field of Insurance Reinsurance accounting Manager -Bachelor s degree or Post Graduate with overall 8-12 years of experience 3 years of supervisory experience in the field of Insurance Reinsurance accounting Proficiency in MS Excel and PowerPoint Desirable-Certification in P C Insurance Preferable experience in Sequel Re system Must have an experience of setting up a new process About Us EXL NASDAQ EXLS is a leading data analytics and digital operations and solutions company We partner with clients using a data and AI-led approach to reinvent business models drive better business outcomes and unlock growth with speed EXL harnesses the power of data analytics AI and deep industry knowledge to transform operations for the world s leading corporations in industries including insurance healthcare banking and financial services media and retail among others EXL was founded in 1999 with the core values of innovation collaboration excellence integrity and respect We are headquartered in New York and have more than 54 000 employees spanning six continents For more information visit EXL never requires or asks for fees payments or credit card or bank details during any phase of the recruitment or hiring process and has not authorized any agencies or partners to collect any fee or payment from prospective candidates EXL will only extend a job offer after a candidate has gone through a formal interview process with members of EXL s Human Resources team as well as our hiring managers 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 rapid 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

📌 Manager | Insurance| Back Office (India)
🏢 EXL Service
📍 India