RTR Manager

EXL; Dadri; On-site; INR 1,500,000 - 2,400,000; Full time

Job summary

EXL in India seeks an experienced Insurance Accounting lead with 7+ years in the field. You will drive balance sheet analytics, resolve complex reconciling items, and prepare schedules such as DAC and IBNR, supporting US GAAP and NAIC SAP close activities.

You will also lead testing, reconciliations, and scenario analyses to ensure the integrity of monthly closes. Collaborate with Finance, Actuarial, Claims, Underwriting and FP&A to assess accounting implications of reserves and premiums,

Qualifications

• 7+ years of experience in insurance accounting.
• B.Com and professional accounting qualifications (CA/CPA/MBA-Finance).
• Strong knowledge of US Insurance Accounting, GAAP, and NAIC SAP.

Responsibilities

• Lead deep-dive balance sheet analytics, identify drivers of movements, and resolve complex reconciling items.
• Prepare and review complex insurance accounting schedules, including DAC, IBNR reserves, and related accruals.
• Lead statutory and GAAP close activities with supporting schedules and analyses.
• Partner with Finance, Actuarial, Claims, Underwriting, and FP&A teams on reserve movements and premium transactions.
• Participate in ledger cleanup, COA conversion, data migration, and testing.
• Establish accounting processes, setups, and BAU transitions for products.
• Assess accounting impact of claims migrations and policy admin platforms through testing and reconciliations.
• Interface with data providers and third-party admins to ensure data completeness and accuracy.

Skills

US GAAP knowledge

NAIC Statutory Reporting

Ledger reconciliation

Analytical ability

Stakeholder communication

Education

B.Com

CA / CPA / MBA-Finance

Tools

SAP

Oracle

BlackLine

Workday

Job description

JD:-

Education: B.Com, Qualified accountant (CA / CPA / MBA-Finance)

Work Experience: 7+ years of experience in insurance accounting

Responsibilities:

• Lead deep-dive balance sheet analytics, identify underlying drivers of movements, and proactively resolve complex reconciling items and structural issues
• Prepare and review complex insurance accounting schedules, including Deferred Acquisition Costs (DAC), IBNR reserves, loss reserve strengthening analyses, premium deficiency assessment, & related accruals
• Lead statutory and GAAP close activities, including preparation of supporting schedules, fluctuation analysis, and resolution of complex accounting issues.
• Partner with Finance, Actuarial, Claims, Underwriting, and FP&A teams to evaluate accounting implications of reserve movements, premium transactions, reinsurance arrangements, and business changes.
• Participate in ledger cleanup, chart of accounts conversion, data migration, and testing activities.
• Establish accounting processes, prepare accounting setups, & assist with transitioning products into BAU.
• Assess and validate accounting impact of claims system migrations, policy admin platforms, and system enhancements through rigorous testing, reconciliations, and scenario analysis.
• Interface with upstream data providers and third-party administrators to obtain, validate, and interpret source data, ensuring completeness and accuracy of accounting outcomes.
• Apply and interpret US GAAP and NAIC Statutory Accounting Principles (SAP), ensuring compliance with reporting requirements and consistency across financial statements and disclosures.

Technical Skills:

• Strong knowledge of US Insurance Accounting, including US GAAP, NAIC Statutory Reporting, DAC, loss reserves/IBNR, accruals, and period-end close processes.
• Experience with Journal Entry processing, General Ledger accounting, and account reconciliations.
• Proficiency in ERP systems such as SAP, Oracle, BlackLine, Workday, or similar accounting platforms.
• Strong analytical and data interpretation skills

Soft Skills:

• Self-driven with the ability to work independently and manage priorities effectively
• Strong ownership with the ability to manage priorities and deliver independently
• Analytical problem-solver with keen attention to detail and accuracy.
• Effective communicator with strong stakeholder collaboration skills.

Adaptable mindset focused on continuous improvement and quality delivery