About this role
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.
Key Responsibility Areas including preferred Skills and ExperienceHandling reinsurance contracts- Treaty, FAC set-up ;Perform cession calculations and validate, ceded premium and loss results from the reinsurance systemPreparing bordereaux, XOL and FAC billings to be sent to brokers/ReinsurersCollection of open recoverable, handle market queriesInvoice review, Receivable/Payables reconciliation & settlement, agree LORS settlementsCash reconciliation and allocationManual JE prep / support/ Topside allocationDeposit premiums adjustments ;Management reporting ;Regulatory reporting ;Competencies: ;Good communication both written, verbal, and analytical skillsGood decision-making skill ;Committed to achieving specific objectives and takes ownership for accomplishing them.Effectively balances quality, customer service and productivity standardsAbility to prioritize & multi-taskExhibits meticulous attention to detailGood problem solving & analytical skills ;Capable of working with tight deadlines and working under pressureEligibility Criteria: ;Bachelor’s degree or Post Graduate in Commerce with overall 7+ years of experience for LAM3+ years of experience in the field of Reinsurance operations or accounting for AM and ;Client management experienceProficiency in MS Excel (IF functions, VLOOKUP, HLOOKUP, PIVOT, INDEXMATCH) and PowerPoint ;Desirable-Certification in P&C InsuranceKnowledge of London Market reinsurance preferred