Lead Assistant Manager

Lead Assistant ManagerEXL/LAM/1483372

Insurance Finance & AccountingNoida

Posted On

22 Sep 2025

End Date

06 Nov 2025

Required Experience

6 - 8 Years

Basic Section

Number Of Positions

1

Band

B2

Band Name

Lead Assistant Manager

Cost Code

D900371

Campus/Non Campus

NON CAMPUS

Employment Type

Permanent

Requisition Type

New

Max CTC

950000.0000 - 1475000.0000

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

FIXED ASSETS

RECONCILIATION

Minimum Qualification

GRADUATE

B.COM

Certification

No data available

Job Description

Job Description

Function

Permanent/ Temporary

Span of Control

Location

• 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 calculations
  
• Understanding 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 impact
  
• Ability 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 support
  
• Manager for the purpose of settling issues left unresolved by the Assistant Manager and monthly evaluation of performance
  
• Peers (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 deliverables
  
• Must demonstrate effective and diplomatic oral and written communication skills
  

Strong time management and team management and other organization skills

Skills

Technical 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
  

• Good understanding of Syndicate and PMA operations for Lloyd's market
  
• Good knowledge in Insurance and Reinsurance Domain: Claims and Underwriting/Pre & Post Bound Operations
  
• Should 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.
  

• Must demonstrate effective and diplomatic oral and written communication skills
  
• Strong time management and organization skills
  

• 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 process improvements
  
• Ability 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.
  

Workflow

Workflow Type

Back Office