Assistant Manager – Reinsurance Accounting at EXL Service
EXL Service · Noida, Uttar Pradesh, India
- Salary: ₹8–₹13 LPA (estimated; not officially disclosed)
- Experience: 3-5 years
📋 Job Details at a Glance 📍 Location Noida, Uttar Pradesh, India 🏢 Company EXL Service 👥 Experience 3-5 years 🎓 Qualification Bachelor’s degree in Accounting 📅 Eligible Batch 2023, 2024, 2025, 2026 📄 Job Type Full Time 💰 Salary ₹8–₹13 LPA (estimated; not officially disclosed) 🏢 Industry BFSI 🛠 Key Skills Reinsurance Accounting Cession Calculations Financial Reporting Reconciliations Stakeholder Management Oracle NetSuite ERP Assistant Manager – Reinsurance Accounting at EXL Service — Full Details & How to Apply EXL Service is seeking an Assistant Manager – Reinsurance Accounting in Noida, Uttar Pradesh, India , where you can utilize Oracle NetSuite ERP to enhance financial reporting processes. This role is pivotal in the evolving BFSI sector, focusing on reinsurance accounting, which is critical for effective risk management and financial stability. The role of an Assistant Manager – Reinsurance Accounting is increasingly vital as the BFSI industry adapts to new challenges and regulatory requirements. With reinsurance accounting becoming a cornerstone for financial accuracy, professionals in this field are essential for maintaining stakeholder trust and ensuring compliance in transactions. EXL Service , founded in 1999 , employs over 31,000 individuals globally and specializes in analytics and business process management. This extensive experience positions EXL Service as a leader in the industry, making it an attractive employer for those looking to advance their careers in accounting and finance. This opportunity is ideal for 2023, 2024, 2025, 2026 graduates with a Bachelor’s degree in Accounting and 3-5 years experience . The estimated salary for this role is ₹8–₹13 LPA (estimated; not officially disclosed) , making it a competitive option for aspiring professionals. In this role, you will gain hands-on experience with essential skills such as Reinsurance Accounting , Cession Calculations , Financial Reporting , Reconciliations , and Stakeholder Management . The exposure to Oracle NetSuite ERP will not only enhance your technical capabilities but also open doors to managerial positions within 3-5 years , providing a clear career trajectory. 📊 Role Difficulty: Medium | Competition Level: Medium | Fresher Friendly: Yes NexisGrow.com features this opportunity as part of its curated non-tech job listings. All details are sourced from the official job posting. Apply online before the opportunity closes. Job Role & Responsibilities The Assistant Manager – Reinsurance Accounting at EXL Service plays a crucial role in managing reinsurance financials, ensuring compliance, and enhancing stakeholder communication through precise accounting practices. Manage reinsurance bookings using Oracle NetSuite ERP to ensure accurate financial records and compliance with industry standards. Calculate cessions for various reinsurance contracts, ensuring compliance with industry standards and maintaining financial stability. Collaborate with finance and compliance teams to resolve accounting discrepancies efficiently, enhancing overall financial integrity. Monitor financial performance metrics to identify areas for improvement in reinsurance processes, driving operational efficiency. Take ownership of stakeholder communications to ensure clarity in financial reporting, fostering trust and transparency. Document and report on financial reconciliations to maintain transparency and accuracy in financial statements. Engage with clients to address queries related to reinsurance accounting, enhancing client relationships and satisfaction. This role emphasizes ownership and accountability, directly impacting the financial health of EXL Service and its clients through meticulous accounting practices. Required Skills & Technical Competencies The ideal candidate must possess a robust skill set in reinsurance accounting, financial reporting, and stakeholder management to excel in this role. Technical Skills Reinsurance Accounting — advanced — essential for managing complex financial transactions and ensuring compliance with regulations. Cession Calculations — intermediate — critical for determining the share of risk transferred to reinsurers, impacting financial stability. Financial Reporting — advanced — used daily to prepare accurate financial statements and reports for stakeholders. Stakeholder Management — intermediate — necessary for effective communication and collaboration with internal and external parties. Oracle NetSuite ERP — advanced — proficiency required for efficient financial management and reporting. When showcasing these technical skills in your resume or interview, emphasize specific experiences and outcomes related to each skill to demonstrate your expertise. Eligibility Criteria This role is designed for candidates with a strong foundation in accounting and relevant experience in the reinsurance sector. A Bachelor’s degree in Accounting is mandatory, providing essential knowledge for this role. Eligible batches include 2023 to 2026 , allowing fresh graduates to apply and start their careers. Candidates with 3-5 years of experience will have an edge, but motivated freshers with relevant skills are encouraged to apply. A minimum academic performance of 60% is preferred to ensure a solid understanding of accounting principles. Internship experience in accounting or finance will be advantageous for candidates applying for this role. Documentation & Portfolio Requirements Submit a resume in a clear format, including your educational background, relevant experience, and any internships related to accounting or finance. Pro tip: Highlight your experience with Oracle NetSuite ERP and any specific projects related to Reinsurance Accounting in your application to stand out. Salary for Assistant Manager – Reinsurance Accounting at EXL Service 💰 Compensation ₹8–₹13 LPA (estimated; not officially disclosed) The advertised compensation for the Assistant Manager – Reinsurance Accounting role at EXL Service is ₹8–₹13 LPA (estimated; not officially disclosed) . The exact in-hand figure and any additional components are confirmed by the company during the offer or HR discussion stage. Recommended Courses & Preparation Tips for Assistant Manager – Reinsurance Accounting Upskilling with the right resources significantly enhances your chances of selection for this specific role by aligning your skills with job requirements. Recommended Courses & Resources Financial Reporting — Essential for mastering the financial metrics relevant to reinsurance accounting. Stakeholder Management — Crucial for effectively managing relationships and communications in financial reporting. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Failing to tailor your resume to highlight relevant skills in reinsurance accounting — ensure alignment with job requirements. ❌ Neglecting to quantify achievements in previous roles — which can weaken your application. ❌ Overlooking the importance of certifications like LOMA or ARA — which can enhance your profile. ❌ Submitting a generic cover letter — instead of a personalized one that addresses the specific role. ❌ Ignoring the application deadline — which can result in missed opportunities. ❌ Not preparing for potential interview questions — related to financial reporting and stakeholder management. Before You Apply — Checklist ✅ Research EXL Service to understand its culture and values before applying. ✅ Tailor your resume to include relevant skills and experiences specific to the job. ✅ Prepare a cover letter that addresses why you are a good fit for the Assistant Manager role. ✅ Gather any necessary documents, such as transcripts or certifications, for submission. ✅ Double-check your application for any errors before submitting. ✅ Follow up on your application status after a week to express continued interest. ✅ Prepare for interviews by reviewing common questions related to reinsurance accounting. ✅ Network with current or former EXL employees for insights into the company. Resume Tailoring & ATS Keywords for Assistant Manager – Reinsurance Accounting Optimizing your resume for ATS is crucial for ensuring your application gets noticed for this role. ATS Keywords to Include Reinsurance Accounting Cession Calculations Financial Reporting Reconciliations Stakeholder Management Oracle NetSuite ERP Accounting BFSI Compliance Financial Metrics Documentation Client Engagement Resume Tips for This Role Highlight your experience with Oracle NetSuite ERP to demonstrate technical proficiency relevant to the role. Emphasize any internships or projects related to reinsurance or financial reporting to showcase practical experience. Include quantitative achievements in previous roles to illustrate your impact on financial performance. Optimize your resume for ATS by incorporating keywords from the job description. Avoid including unrelated work experience that does not pertain to accounting or finance. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro tip: Avoid including generic skills or experiences that do not directly relate to reinsurance accounting. How to Apply for Assistant Manager – Reinsurance Accounting at EXL Service Apply Now — EXL Service Visit the application portal and create an account to start your application. Upload your resume, ensuring it is tailored to the job description. Fill out the application form accurately, providing all requested information. After submission, expect a confirmation email regarding your application status. Use the application portal to track your application progress. Applications reviewed on a rolling basis — early submission recommended. Apply Now — EXL Service NexisGrow.com does not charge any fees for job applications. EXL Service EXL Service was founded in 1999 and is headquartered in New York . With a global footprint, the company employs over 31,000 professionals across various locations, including a significant presence in Noida, Uttar Pradesh, India . This extensive workforce enables EXL to deliver comprehensive solutions to clients in the BFSI sector. The core offerings of EXL Service include advanced data analytics and business process management . The company specializes in reinsurance accounting , cession calculations , and financial reporting , utilizing platforms like Oracle NetSuite ERP to enhance operational efficiency for its clients. EXL Service has received numerous accolades for its workplace culture, including a commendable 4.1 rating on Glassdoor . The company emphasizes employee satisfaction through various programs, fostering engagement and professional development among its workforce, which is crucial for maintaining high performance in the BFSI industry. Recently, EXL expanded its service offerings in digital transformation , reflecting its commitment to innovation. This strategic move positions the company to better serve its clients in the evolving BFSI landscape, ensuring they remain competitive and efficient in their operations. For freshers looking to launch their careers in the BFSI sector, EXL Service offers a robust platform for learning and growth. With opportunities to work alongside industry leaders and gain hands-on experience in reinsurance accounting , new employees can develop essential skills that are highly valued in the financial services industry. Company Details Industry BFSI Location Noida, Uttar Pradesh, India Connect With Us Careers Apply Now Website 🔗 fa-ewjt-saasfaprod1.fa.ocs.oraclecloud.com Frequently Asked Questions Interview · Role · Salary · Growth ? Who can apply for Assistant Manager – Reinsurance Accounting at EXL Service? Eligibility Tap to expand + Answer Candidates with Bachelor’s degree in Accounting and 3-5 years experience are eligible. Eligible batches: 2023, 2024, 2025, 2026. ? What skills are most important for this role? Skills Tap to expand + Answer Key skills: Reinsurance Accounting, Cession Calculations, Financial Reporting, Reconciliations, Stakeholder Management. Strong fundamentals and practical project experience matter most. ? What is the salary for this position? Salary Tap to expand + Answer Compensation: ₹8–₹13 LPA (estimated; not officially disclosed). Final offer depends on skills, experience, and interview performance. ? What is the interview process at EXL Service? Interview Tap to expand + Answer Typically: Resume shortlisting → Online test → Technical interview(s) → HR round. ? Is this role remote, hybrid, or onsite? Work Mode Tap to expand + Answer Work mode varies by team. Confirm with HR during recruitment. ? What is the career growth path from this role? Growth Tap to expand + Answer Structured appraisals every 6–12 months. Senior roles accessible within 12–18 months based on performance. ? How do I apply? Application Tap to expand + Answer Apply via the official link in How to Apply section. Highlight: Reinsurance Accounting, Cession Calculations, Financial Reporting, Reconciliations, Stakeholder Management. ? Is there a probation period? Probation Tap to expand + Answer Standard 3–6 months probation. Confirmation follows successful completion. ? How to prepare for the Assistant Manager – Reinsurance Accounting interview? Preparation Tap to expand + Answer (1) Core concepts of Reinsurance Accounting, Cession Calculations, Financial Reporting, Reconciliations, Stakeholder Management, (2) 2–3 project walkthroughs, (3) Problem-solving, (4) EXL Service research, (5) Clear communication. ? What is the work culture like at EXL Service? Culture Tap to expand + Answer Research on LinkedIn and Glassdoor for authentic employee reviews. NexisGrow.com features only verified employers. 🔗 Explore More on NexisGrow More jobs in Noida Browse all Non-Tech jobs Latest Fresher jobs More jobs at EXL Service Work From Home jobs Ready to Apply? Don't Miss This Opportunity! Apply only via the official link. 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