Lead Assistant Manager |Insurance|Back Office
EXL (ExlService Holdings, Inc.) · exlservice.com
NoidaHybridLead / Manager4+ yrsContract
The job in short
Insurance back office operations.
NetworkingBPOInsuranceCompliance
Details
- Found
- 23 d ago · posted 2026-01-22
- Location as listed
- Noida, Uttar Pradesh, India
- Role
- Insurance / Claims / Underwriting
- Source
- The company’s own careers site
Full description
•
Manage end‑to‑end reinsurance operations including system setup, sanctions checks, submissions, and facultative/treaty contract administration.
Handle post‑bind activities such as cancellations, endorsements, and accurate calculation and booking of reinsurance premiums and bordereaux.
• Calculate and record contractual obligations including profit commission, premium adjustments, and no‑claims bonuses, ensuring compliance with quarterly and annual instructions.
• Perform variance analysis of actual results against expectations and prior periods, while maintaining regular communication with customers and internal stakeholders.
• Lead teams through daily operations, query resolution, Lean process improvements, and structured training initiatives to enhance controls and performance.
• · Reinsurance Setup, Sanctions & Submission clearance in the system.
• · Facultative & Treaty Reinsurance Contract Management - Setting up & maintaining the reinsurance contract.
• · Post bind work like Cancellation/endorsement management.
• · Premium - Calculating and booking of reinsurance premiums and processing bordereaux in the system.
• · Calculating & booking of contractual obligations like Profit commission, Prem adjustments, No claims bonus etc.
• · Ensure the quarterly and yearly instructions are reviewed and incorporated.
• · Analysis of actual results compared with expectations, as well as prior periods.
• · Communicate with customer on day-to-day basis and internal stakeholder on regular basis
• · Team handling skills, daily query handling, feedback management to iron out the operational challenges and driving improvements (Lean) to bring better controls.
• · Exposure towards training methodology to drive effective training to bring desired result.
• · Graduate with at least fifteen (15) years of education in any discipline
• · 4+ years of experience for AM and 7+ Years of experience for LAM
• Knowledge of UK Insurance industry preferable
• · Experience in Open Co preferable
• · Capability to conduct an appraisal discussion and assess different levels of performance and potential
• · Capability to communicate with large teams
• · Appreciation of the domain needs of the process and its key drivers
• · Reasonable level of business perspective regarding the internal functioning of BPO and Supplier’s organization
• · Good networking capability and client facing skills
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