Assistant Manager

Assistant ManagerEXL/AM/1486334

Insurance Finance & AccountingNoida

Posted On

22 Sep 2025

End Date

06 Nov 2025

Required Experience

6 - 8 Years

Basic Section

Number Of Positions

2

Band

B1

Band Name

Assistant Manager

Cost Code

D900371

Campus/Non Campus

NON CAMPUS

Employment Type

Permanent

Requisition Type

New

Max CTC

725000.0000 - 9750000.0000

Complexity Level

Not Applicable

Work Type

Work From Office – Fully Working From EXL/ Client Offices

Organisational

Group

Insurance

Sub Group

Insurance

Organization

Insurance Finance & Accounting

LOB

Back Office

SBU

Operations

Country

India

City

Noida

Center

Noida - Centre 59

Skills

Skill

REPORTING

ACCOUNTING

GENERAL ACCOUNTING

INTERCOMPANY ACCOUNTS

RECONCILIATION

REINSURANCE AND ACCOUNTING

INSURANCE

Minimum Qualification

GRADUATE

B.COM

Certification

No data available

Job Description

Job Description

Location

Basic Function –

• Process entails preparation of financial statements related to insurance policies for APAC, EMEA and LATHAM countries, ensuring they comply with relevant accounting standards (e.g. GAAP or IFRS).
  
• Work on period – end close cycle – Month-end/Quarter-end/Annual for local books of various countries.
  
• This role involves managing cash from MGA, Commission to Agency, Cash to Insurer, Claims Vitesse - Fund movement.
  
• Reconcile the general ledger accounts, calculating appropriate adjustments and provisions and booking them to the ledger upon approval, performing intercompany netting, and preparing relevant financial reports (income statement, balance sheet, cash flow) for Manager review.
  

Essential Functions

• Requires the knowledge and ability to prepare Journals and Reconciliations (Bank reconciliations - Vitesse accounts Office accounts, Loss Fund Reconciliation), investigate problems and organize projects
  
• Insurance accounting regulatory reporting experience and US GAAP and IFRS knowledge preferred.
  
• Familiar with insurance industry standards, accounting regulation and reporting requirements.
  

Skills

• Chartered Accountant, CPA, CFA or equivalent with 2-3 years’ experience.
  
• B. Com with strong practical experience in reporting for more than 4-6 years.
  

• Should have good understanding of GAAP accounting principles and procedures.
  
• Requires the knowledge and ability to prepare Journals, Reconciliations (Loss Fund Reconciliation, Bank reconciliations) and related reports, investigate problems and organize projects
  
• Required attention to detail, expertise in Insurance financial, and deep understanding of accounting principles related to Insurance operations like - Bordereau processing, Claims & Reserves, Policy premium, reinsurance accounting, Audit support.
  
• Ability to understand the significance of various activities in a statutory/GAAP accounting close cycle and deliver results accordingly.
  

• Must demonstrate effective and diplomatic oral and written communication skills
  
• Strong time management and organization skills
  
• Effective training/support to executive/ Sr. executive /New joiners
  

• Self-disciplined and result oriented
  
• Ability to multitask
  
• Ability to work effectively as part of a team
  
• Commitment and drive for results
  
• Strong analytical skills
  
• Ability to understand and question established process guidelines to bring about possible process improvements
  
• Ability to pay great attention to detail – especially during processing of transactions
  

Education Requirements

• Chartered Accountant, CPA, CFA or equivalent with 2-3 years’ experience.
  
• B. Com with strong practical experience in reporting for more than 4 - 6 years
  

Work Experience Requirements

• 2-4 years of experience in technical accounting or reporting area preferably with an insurance company.
  
• Should have good understanding of GAAP accounting principles and procedures related to insurance industry.
  

Workflow

Workflow Type

Back Office