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Assistant Manager

Assistant Manager

EXL

5 - 10 years

0 Lacs

chennai tamil nadu india

Posted:16 hours ago| Platform: Foundit logo

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Skills Required

gl reconciliation us gaap regulatory reporting ceded reinsurance accounting transactions

Work Mode

On-site

Job Type

Full Time

Job Description

Job Description Position Title Assistant Manager Lead Assistant Manager (Reinsurance) Function, Responsibility Level Reinsurance Operations, Assistant Manager Reinsurance Operations, Lead Assistant Manager Reports to Manager Reinsurance Operations Sr. Manager Reinsurance Operations Location Noida, India Span of Control 0 Position Type Permanent

Primary Responsibility: 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 Technical Skills : Good knowledge of ceded reinsurance Sound analytical skill MS Excel and other office tools Have an understanding of US GAAP 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 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

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Business Process Management / Analytics

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Assistant Manager