Lead Assistant Manager

Job Description ;Position Title, Responsibility LevelAM/LAMFunctionLloyds Accounting & ReportingReports to ;ManagerPermanent/ TemporaryPermanentSpan of ControlLocation ;Noida – C59 ;Subject Matter Expert in Lloyds accounting and relevant reporting, General Accounting, Expense Allocations, Fixed Assets, Intercompany, Reconciliations, etc.Good knowledge on Syndicate accounting and three underwriting years, Reinsurance to Close (RITC) /Estimated Future liability (EFL)Booking of Solvency II adjustments like Goodwill and DAC Write off, Re class and other calculationsUnderstanding of insurance and Reinsurance side of operations Bordeaux statements and settlements ;Preparation of process documentations, ad hoc reports and supporting manager ; ; ;Essential Functions ;Requires the knowledge and ability to prepare and Premium Claims Journals and their Reconciliations, investigate problems, ;Insurance accounting Solvency II regulatory reporting experience and UK/US GAAP and IFRS 17 knowledge preferred.Good knowledge in Insurance and Reinsurance Domain: Claims and Underwriting/Pre & Post Bound Operations ability to understand the policy agreements and its endorsements and amendments done for financial impactAbility to understand the significance of various activities in statutory/GAAP accounting close cycle and deliver results accordingly. ; ;Primary Internal Interactions ;Manager for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and supportManager for the purpose of settling issues left unresolved by the Assistant Manager and monthly evaluation of performancePeers (team members) for the purpose of seeking co-operation & clarification on process-related matters & aiding and support when required ; ;Primary External Interactions ;Onshore Team Manager and SMEs for daily planning of work and execution of deliverablesMust demonstrate effective and diplomatic oral and written communication skills ;Strong time management and team management and other organization skills ; ; ;Organizational Relationships ;Reports To : ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ;SkillsTechnical Skills ;Chartered Accountant, CPA, CFA or equivalent with 3-5 years’ experience.B. Com with strong practical experience in reporting for more than 6-8 years.IFRS 17 knowledge is an add on ; ;Process Specific Skills ;Good understanding of Syndicate and PMA operations for Lloyd's marketGood knowledge in Insurance and Reinsurance Domain: Claims and Underwriting/Pre & Post Bound OperationsShould have expert level understanding of UK GAAP accounting principles and procedure Should have expert level understanding of GAAP accounting principles and procedures. ;Insurance accounting regulatory reporting experience or US GAAP/IFRS 17 knowledge mandatory. ; ;Soft skills (Desired) ;Must demonstrate effective and diplomatic oral and written communication skills ;Strong time management and organization skills ;Soft Skills (Minimum)Self-disciplined and result orientedAbility to multitaskAbility to work effectively as part of a teamCommitment and drive for resultsStrong analytical skills ;Ability to understand and question established process guidelines to bring about process improvementsAbility to pay great mindfulness – especially during processing of transactions ; ;Education Requirements ;Chartered Accountant, CPA, CFA or equivalent with 3-5 years’ experience.B. Com with strong practical experience in reporting for more than 6 - 8 years ;3-5 years of experience in Insurance technical accounting or reporting area preferably with Syndicate or insurance company. ;Should have good understanding of GAAP accounting principles and procedures. ; ;