Lead Assistant Manager |Insurance|Back Office

EXL Talent Acquisition Team; Dadri; On-site; INR 800,000 - 950,000; Full time

Job summary

EXL Talent Acquisition Team is seeking a skilled professional to manage end-to-end reinsurance operations, including system setup and contract administration. You will oversee post-bind activities, financing of premiums, and bordereaux with a focus on accuracy and compliance.

The role involves variance analysis, regular stakeholder communication, and leading teams through daily operations, with emphasis on process improvements and training to boost controls and performance.

Qualifications

Responsibilities

• 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.

Skills

System setup

Sanctions checks

Reinsurance submissions

Contract administration

Post-bind activities

Premium calculation

Bordereaux recording

Variance analysis

Stakeholder communication

Lean process improvements

Team leadership

Training initiatives

Controls and performance

Job 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.