Job Description

ManagerEXL/M/1483451


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


NON CAMPUS


Employment Type


Permanent


Requisition Type


New


Max CTC


1475000.0000 - 2400000.0000


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


Back Office


SBU


Operations


Country


India


City


Noida


Center


Noida - Centre 59




Skills
Skill


REPORTING


ACCOUNTING


GENERAL ACCOUNTING


INTERCOMPANY ACCOUNTS


FIXED ASSETS


RECONCILIATION


SOLVENCY II


REINSURANCE AND ACCOUNTING


INSURANCE


GAAP


IFRS GAAP KNOWLEDGE


Minimum Qualification


GRADUATE


B.COM


CA


CFA


Certification


No data available

Position Title, Responsibility Level

Manager/Sr.Manager

Function

Lloyds reporting

Reports to

AVP/SAVP

Permanent/ Temporary

Permanent

Span of Control

Location

Noida - C59

Basic Function -Preparing & review of Monthly and Quarterly Syndicate reports like Terrorism, Cargo, Political Risk, Liability, War on Land, Property, and other ad-hoc reports for Lloyds Submission Expert knowledge on Syndicate accounting and three underwriting years, Reinsurance to Close (RITC) /Estimated Future liability (EFL) Getting Daily Lloyds Centralize Accounts recording into ERP & reconciliations Book & Review Solvency II adjustments like Goodwill and DAC Write off, Re class etc. Manage the period - end close cycle - Month-end/Quarter-end/Annual for local books of various Syndicates and Insurance companies

Essential Functions

Require expert knowledge and ability to manage month close accounting journals, review reconciliations and financial statements and UK market and Lloyds related reports, Financial Syndicate Reporting - QMA, QMB, SBF Assist partners or client on Calculation of MCR, SCR & best estimates for the purpose of Solvency II reporting requirements Technical Insurance accounting experience in Premium, Losses, DAC reserves Booking, IBNR true up etc. and Bordeaux settlements and UK GAAP or IFRS knowledge mandatory. Require strong understanding of Lloyds market operations and regulatory requirements. 3 years accounting system, RITC concepts

Primary Internal Interactions

AVP for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support AVP for the purpose of settling issues left unresolved by the AVP 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

Organizational Relationships

Reports To : Supervises :

Skills

Technical Skills

Chartered Accountant, CPA, CFA or equivalent with 6 - 8 years' experience in US UK GAAP / IFRS accounting experience B. Com with strong practical experience in accounting and reporting for more than 10-12 years IFRS 17 knowledge is an add on

Process Specific Skills

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 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 17 knowledge mandatory.

Soft skills (Desired)

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

Soft Skills (Minimum)

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 8 years' experience. B.Com with strong practical experience in reporting for more than 10 years

8 - 10 years of experience in technical accounting or reporting area preferably with an insurance company. Should have good understanding of GAAP accounting principles and procedures.

Workflow
Workflow Type


Back Office