- Job Role: Back Office-Finance & Accounting
- Experience (In Years): 3-6
- Job Location: Noida
- Perform monthly, quarterly, and annual close activities for External Reinsurance operations across multiple Property & Casualty (P&C) entities.
- Prepare and review GL, subledger, payment tracker, and profit share reconciliations to ensure accuracy and completeness.
- Record and validate journal entries related to ceding commissions, IBNR, premium allocations, reinsurance settlements, and intercompany transactions.
- Manage reinsurer invoice reconciliations, settlement requests, collateral analyses, and Letters of Credit activities.
- Support Schedule F, BEA reporting, statutory filings, cash flow projections, recoverable reporting, and other regulatory submissions.
- Prepare BlackLine account reconciliations and audit support documentation for internal, external, and statutory audits.
- Analyze reinsurance balances, identify discrepancies, and coordinate resolution with accounting, finance, and reinsurance stakeholders.
Responsibilities
- Perform monthly, quarterly, and annual close activities for External Reinsurance operations across multiple Property & Casualty (P&C) entities.
- Prepare and review GL, subledger, payment tracker, and profit share reconciliations to ensure accuracy and completeness.
- Record and validate journal entries related to ceding commissions, IBNR, premium allocations, reinsurance settlements, and intercompany transactions.
- Manage reinsurer invoice reconciliations, settlement requests, collateral analyses, and Letters of Credit activities.
- Support Schedule F, BEA reporting, statutory filings, cash flow projections, recoverable reporting, and other regulatory submissions.
- Prepare BlackLine account reconciliations and audit support documentation for internal, external, and statutory audits.
- Analyze reinsurance balances, identify discrepancies, and coordinate resolution with accounting, finance, and reinsurance stakeholders.
Qualifications
Bachelor Degree or Post Graduate Degree 5 - 8 years
About Us
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.
