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Assistant Manager

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EXL

1mo ago

  • Job
    Full-time
    Mid & Senior Level
  • Accounting & Tax

AI generated summary

  • You should be a CA, CPA, or CFA with 1-6 years in insurance accounting, GAAP knowledge, strong analytical skills, attention to detail, and excellent communication abilities.
  • You will prepare financial statements for insurance, ensure regulatory compliance, manage team performance, resolve issues, and coordinate with onshore teams while demonstrating effective communication.

Requirements

  • Chartered Accountant, CPA, CFA or equivalent with 1-2 years’ experience.
  • B.Com with strong practical experience in reporting for more than 4-6 years.
  • Insurance accounting regulatory reporting experience (SSAP knowledge) preferred.
  • 4-6 years of experience in technical accounting or reporting area preferably with an insurance company.
  • Should have good understanding of GAAP accounting principles and procedures.
  • Requires the knowledge and ability to prepare financial statements and related reports, investigate problems and organize projects.
  • Ability to understand the significance of various activities in an statutory/Gaap accounting close cycle and deliver results accordingly.
  • Must demonstrate effective and diplomatic oral and written communication skills.
  • Strong time management and organization skills.
  • Self-disciplined and result oriented.
  • Ability to multi task.
  • 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 in order to bring about possible process improvements.
  • Ability to pay great attention to detail – especially during processing of transactions.

Responsibilities

  • Process entails preparation of Orange and Blue book financials for an insurance client.
  • Understanding regulatory requirements as laid out by NAIC and verify financial statements are prepared accordingly.
  • Requires the knowledge and ability to prepare financial statements and related reports, investigate problems and organize projects.
  • Insurance accounting regulatory reporting experience (SSAP knowledge) preferred.
  • Ability to understand the significance of various activities in an statutory/Gaap accounting close cycle and deliver results accordingly.
  • Assistant Manager for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support.
  • Manager for the purpose of settling issues left unresolved by the Assistant Manager and monthly evaluation of performance.
  • Peers(team members) for the purpose of seeking co-operation & clarification on process-related matters & providing assistance and support when required.
  • 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 organization skills.

FAQs

What is the primary responsibility of the Assistant Manager in this role?

The primary responsibility is to prepare Orange and Blue book financials for an insurance client and ensure compliance with regulatory requirements set by NAIC.

What qualifications are required for the Assistant Manager position?

Candidates should be a Chartered Accountant, CPA, CFA or equivalent with 1-2 years of experience, or have a B.Com with 4-6 years of strong practical reporting experience.

What kind of experience is preferred for this job?

Insurance accounting regulatory reporting experience (SSAP knowledge) is preferred, along with a good understanding of GAAP accounting principles.

Who does the Assistant Manager report to?

The Assistant Manager reports to the Manager.

Is this position permanent or temporary?

This position is permanent.

What are the essential skills needed for this job?

Essential skills include the ability to prepare financial statements and related reports, problem investigation, project organization, and strong analytical skills.

What type of interactions will the Assistant Manager have internally?

Internally, the Assistant Manager will interact with the Manager for performance evaluation and issue resolution, as well as with peers for cooperation and support on process-related matters.

What external interactions will the Assistant Manager have?

The Assistant Manager will interact with the Onshore Team Manager and Subject Matter Experts (SMEs) for daily work planning and execution of deliverables.

What are some desirable soft skills for this position?

Desirable soft skills include effective oral and written communication, strong time management, organization skills, and the ability to work as part of a team.

What attention to detail is required in this role?

The Assistant Manager must pay great attention to detail, especially during the processing of transactions to ensure accuracy and compliance.

What is the location for this position?

The position is located in Noida, at C15.

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EXL

We make sense of data to drive your business forward. #MakeSenseofData #DriveYourBusinessForward #PartnerYourWay

Consulting
Industry
10,001+
Employees
1999
Founded Year

Mission & Purpose

EXL Service, a leading business process solutions company, operates on a global scale, providing transformative outsourcing and technology services. The company's mission revolves around enhancing its clients' operational efficiency, reducing costs, and driving business growth through innovative solutions. EXL aims to be a strategic partner for its clients, offering expertise in areas such as finance and accounting, healthcare, insurance, and more. The purpose of EXL is to leverage advanced analytics, automation, and digital technology to empower businesses and help them navigate complex challenges. The firm is committed to delivering value and sustainable outcomes for its clients by combining domain knowledge with cutting-edge technology and data-driven insights.

Culture & Values

  • Collaboration

    Collaborate across boundaries, Take a lead in building partnerships, Grab the first opportunity to offer assistance, Celebrate others' success, Leverage the strength of diversity of EXL

  • Innovation

    Develop a deep insight into the clients' business Identify opportunities to find a better way, Positively challenge the status quo, Turn opportunities into real action, Encourage openness and dialogue

  • Excellence

    Deliver in all circumstances, Demonstrate high accountability, Practice excellence and deliver quality, Anticipate challenges and opportunities, Manage effective communication

  • Integrity

    Live the organization values, Maintain the highest ethical standards, Abide by rules, regulations and polices, Demonstrate honesty and consistency, Preserve confidentially of information

  • Respect

    Encourage and accept feedback, Embrace and respect diversity, Treat others with dignity, Deal in a fair, open and honest manner with others, Demonstrate respect for other organizations