- Handling reinsurance contracts- Treaty, FAC set-up
- Perform cession calculations and validate, ceded premium and loss results from the reinsurance system
- Preparing bordereaux, XOL and FAC billings to be sent to brokers/Reinsurers
- Collection of open recoverable, handle market queries
- Invoice review, Receivable/Payables reconciliation & settlement, agree LORS settlements
- Cash reconciliation and allocation
- Manual JE prep / support/ Topside allocation
- Deposit premiums adjustments
- Management reporting
- Regulatory reporting

Responsibilities

- Handling reinsurance contracts- Treaty, FAC set-up
- Perform cession calculations and validate, ceded premium and loss results from the reinsurance system
- Preparing bordereaux, XOL and FAC billings to be sent to brokers/Reinsurers
- Collection of open recoverable, handle market queries
- Invoice review, Receivable/Payables reconciliation & settlement, agree LORS settlements
- Cash reconciliation and allocation
- Manual JE prep / support/ Topside allocation
- Deposit premiums adjustments
- Management reporting
- Regulatory reporting

Qualifications

- Graduate with at least fifteen (15) years of education in any discipline
- ·6+ Years of relevant experience
- Knowledge of UK and Lloyds Insurance market preferable
- · Capability to conduct an appraisal discussion and assess different levels of performance and potential
- · Capability to communicate with large teams
- · Appreciation of the domain needs of the process and its key drivers
- · Reasonable level of business perspective regarding the internal functioning of BPO and Supplier’s organization




- · Good networking capability and client facing skills

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.

📌 Lead Assistant Manager (Noida)
🏢 EXL
📍 Noida