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Senior Executive at EXL Talent Acquisition Team

Noida, Uttar Pradesh, India -

Full Time

Start Date

Immediate

Expiry Date

07 Oct, 26

Salary

0.0

Posted On

09 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Reinsurance Accounting, Financial Reporting, GL Reconciliation, Journal Entries, Variance Analysis, US GAAP, IFRS, Audit Support, Cash Applications, Commission Calculations, Sub-ledger Reconciliation, Financial Control

Industry

Business Consulting and Services

Description

Description for Internal Candidates Position Title Senior Executive – Reinsurance Accounting Function Reinsurance Finance & Accounting Location Noida, India Position Type Permanent 1. Role Overview The Senior Executive – Reinsurance Accounting is responsible for executing reinsurance accounting activities including premium, claims, and commission processing, journal entries, and reconciliations. The role ensures accuracy, timeliness, and compliance in financial reporting while supporting audits and stakeholder requirements. 2. Key Responsibilities A. Transaction Processing & Accounting * Process and review: * Reinsurance premium and claims transactions * Commission calculations (brokerage, profit commission, overrides) * Perform accounting activities: * Journal entries (MJE) * Reinsurance accounting postings * Handle cash applications and settlements B. Reconciliation & Financial Control * Perform GL and sub-ledger reconciliations * Investigate and resolve discrepancies * Ensure proper documentation and audit trail for all transactions * Support monthly/quarterly close activities C. Reporting & Analysis * Prepare financial and management reports * Support regulatory reporting (if applicable) * Perform variance analysis and highlight key insights D. Audit & Compliance * Support internal and external audits * Ensure adherence to: * Accounting standards (US GAAP / IFRS) * Internal controls and compliance requirements * Maintain process documentation and SOP adherence Managing accounting for Ceded Premium, commission, UEP,Claims, reserves and cash Calculation and booking of manual top side journals Performing Balances sheet and Intercompany reconciliations Preparation of Management & Financial Reporting Preparation of regulatory reporting Bachelor degree with 1 - 2 years of relevant experience Same Posting Description for Internal and External Candidates

Responsibilities

Responsible for executing reinsurance accounting activities including premium, claims, and commission processing. The role focuses on performing journal entries, reconciliations, and ensuring compliance with financial reporting standards.