Assistant Manager at EXL Talent Acquisition Team

Noida, Uttar Pradesh, India -

Full Time

Start Date

Immediate

Expiry Date

20 May, 26

Salary

0.0

Posted On

19 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Lloyds Accounting, Reporting, General Accounting, Expense Allocations, Fixed Assets, Intercompany, Reconciliations, Syndicate Accounting, RITC, EFL, Solvency II, UK GAAP, US GAAP, IFRS 17, Time Management, Team Management

Industry

Business Consulting and Services

Description

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. ; ; 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 www.exlservice.com. 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. 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 fast. 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.

Responsibilities

The role involves acting as a Subject Matter Expert in Lloyds accounting and relevant reporting, covering areas like General Accounting, Expense Allocations, Fixed Assets, and Intercompany reconciliations. Essential functions include preparing and reconciling Premium Claims Journals, investigating problems, and supporting management with process documentation and ad hoc reports.