Job Description

Assistant ManagerEXL/AM/1470030


Insurance Finance & AccountingNoida
Posted On
03 Sep 2025
End Date
18 Oct 2025
Required Experience
4 - 6 Years



Basic Section
Number Of Positions


2


Band


B1


Band Name


Assistant Manager


Cost Code


D900371


Campus/Non Campus


-


Employment Type


Permanent


Requisition Type


New


Max CTC


500000.0000 - 800000.0000


Complexity Level


Back Office (Complexity Level 4)


Work Type


Work From Office - Fully Working From EXL/ Client Offices


Organisational
Group


Insurance


Sub Group


Insurance


Organization


Insurance Finance & Accounting


LOB


Finance - Treasury


SBU


Finance - Treasury


Country


India


City


Noida


Center


Noida - Centre 59




Skills
Skill


Minimum Qualification


B.COM


MBA


MCOM


Certification


No data available



Basic Function

Fair understanding of insurance products Sound knowledge of AP/AR/Treasury accounting Maintaining strong control over cross-training & SOP updation

Essential Functions

Meet strict deliverables related to claim and other payments, reconciliations, payment balancing and

customer responses

Coordinate the processing of accurate and timely payments of claims expense transactions utilizing

various processes depending on the line of business

Manage relevant Bank Account balances and ensure checks and wires are drawn from the right bank

account

Reconcile payment information to source systems, through to remittance advice Post all claims and payment transactions to the general ledger Manage, coordinate, and oversee the Finance US and UK Claims inboxes and ensure proper completion

of requests, queries, and deliverables

Coordinate day to day workflow and provide direct support for team; Act as first point of contact for

customer inquiries

Perform Group Payment Processing audit on randomly selected transactions for each payment run to

ensure payments are accurate and correctly documented

Coordinate the reconciliation of TPA claims bordereaux for applicable lines of business and research

and resolve queries

Take lead role in relationship management by working closely with Claim Payment, Vendor

Management and Claims Teams to ensure accurate and timely payments and provide premier customer


service

Coordinate and distribute the Group Claims Material Settlement Notifications, inform all affected parties,

and ensure Bank Balances are sufficient

Participate in Embedded Invoicing processing, reconciliations and respond to customer queries In-depth

knowledge for Procure to Pay cycle.

Ability to participate in audits to assure compliance and effectiveness of processes and data

requirements

Ability to assist in training new or less experienced analysts, and assist in developing and

maintaining training programs


Primary Internal Interactions Manager for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support Peers (team members) for the purpose of seeking co-operation & clarification on process-related matters & providing assistance and support when required



Insurance Knowledge

Should have worked for LOB's such as Accounts Payable, Accounts Receivable, etc. Should have fair understanding on both cost & revenue side of insurance business Certification such as AINS, CPCU is good to have, but not mandatory

Primary External Interactions

Interact with the onshore team for any changes in the existing procedure, document/update

changes in SOP and getting trained on any new activity


Skills


Technical Skills Fair skillset in MS office Knowledge of SAP/Other ERP Finding new opportunity in the existing work to improve the quality of the same


Process Specific


Skills


Exposure to Accounts Payable, Accounts Receivable & Treasury Process Documentation and preparation of SOPs Ability to work with client independently


Soft skills (Desired) Good oral/written communication & presentation skills Must be a self-starter, detail oriented with the ability to meet deadlines under pressure Work allocation exposure Extending support to team Team handling experience


Soft Skills (Minimum) Analytical skills and competent at logical reasoning Time management skills Able to prioritize multiple activities and projects Self-disciplined and result oriented Ability to multi-task Ability to work effectively as part of a team Commitment and drive for results Ability to pay attention to detail

Education Requirements


Must be a graduate with at least 15 years of formal education in Commerce stream with 4-5 years of


relevant experience in the technical areas listed on this JD. (B.Com or M.Com or MBA)


Work Experience Requirements

Minimum 4-5 years of work experience in the technical fields as listed in this JD Preferrable 2-3 years of experience within Insurance and Finance

Workflow
Workflow Type


Back Office