Job Description

ManagerEXL/M/1484167


Insurance Finance & AccountingNoida
Posted On
22 Sep 2025
End Date
06 Nov 2025
Required Experience
10 - 12 Years



Basic Section
Number Of Positions


1


Band


C1


Band Name


Manager


Cost Code


D900371


Campus/Non Campus


-


Employment Type


Permanent


Requisition Type


New


Max CTC


1300000.0000 - 1800000.0000


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


ACCOUNTING


JOURNAL ENTRIES


RECONCILIATION


REPORTING


ANALYSIS


Minimum Qualification


CA INTER


ICWA


ICWAI(INTER)


MBA


POST GRADUATE


Certification


No data available

Position Title, Responsibility Level

Manager

Function

Close and Consolidation

Reports to

AVP

Permanent/ Temporary

Permanent

Span of Control

8 - 15 members

Location

Noida - C59

Basic Function -

Process entails review of local GAAP adjustment journals for APAC, EMEA and LATHAM countries for an insurance client. Manage the period - end close cycle - Month-end/Quarter-end/Annual for local books of various countries Expert knowledge on GAAP consolidation cycle and ability to review consolidation financials and provide commentary for Group consolidation 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 CFO review. Sound understanding of Insurance operation and accounting of Premium and Losses, Topside Premium, and losses Adj etc.

Essential Functions



Require expert knowledge and ability to manage month close accounting journals, review reconciliations and financial statements and related reports, investigate problems and organize projects Insurance accounting experience and US GAAP or IFRS knowledge mandatory. Ability to deliver value working on various activities in statutory/Gaap accounting close cycle and deliver results accordingly.

Primary Internal Interactions



Manager/ Assistant 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 & providing assistance 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 organization skills

Organizational Relationships

Reports To : Senior Manager / AVP Supervises : 8 - 15 members

Skills

Technical Skills



Chartered Accountant, CPA, CFA or equivalent with 6 - 9 years' experience in US GAAP / IFRS accounting experience B.Com with strong practical experience in Accounting and reporting for more than 10-12 years

Process Specific Skills

Should have expert level understanding of GAAP accounting principles and procedures. Requires the knowledge and ability to review Journals, reconciliations provide solutions to technical accounting issues and organize projects Insurance accounting regulatory reporting experience or US GAAP/IFRS knowledge mandatory. Strong knowledge of Group Consolidation accounting and financials Ability to understand the significance of various activities in a statutory/GAAP accounting close cycle and deliver results accordingly.

Soft skills (Desired)

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

Soft Skills (Minimum)

Self-disciplined and result oriented Ability to multi task 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 in order 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 6 - 9 years' experience. B.Com with strong practical experience in reporting for more than 10 - 12 years

Work Experience Requirements

6 - 9 years of experience in technical accounting or reporting area preferably with an insurance company. 3+ years of supervisory experience in the field of Insurance/Reinsurance accounting for SM 2+ years of supervisory experience in the field of Insurance/Reinsurance accounting for Manager Should have good understanding of GAAP accounting principles and procedures.

Workflow
Workflow Type


Back Office