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EXL

Reinsurance APAC

EXL

Senior Associate in Reinsurance Accounting handling treaty and facultative business financial reporting. Ensuring compliance with accounting standards and managing cash settlements with stakeholders.

Posted 7/7/2026full-timeNoida • 🇮🇳 IndiaJuniorWebsite

Tech Stack

Tools & technologies
DAC

About the role

Key responsibilities & impact
  • Perform end-to-end reinsurance accounting activities for treaty and facultative business, ensuring accurate and timely financial reporting.
  • Prepare, review, and post reinsurance accounting entries, including premiums, claims, commissions, recoverables, and settlements.
  • Reconcile reinsurance accounts, including ceded and assumed balances, reinsurance receivables/payables, and intercompany transactions.
  • Prepare monthly, quarterly, and year-end account reconciliations, resolve outstanding items, and ensure compliance with close timelines.
  • Manage reinsurance cash settlements and coordinate with brokers, ceding companies, and internal stakeholders to resolve discrepancies.
  • Support reporting related to reinsurance balances, reserves, recoverables, IBNR, DAC, unearned premium, and other insurance accounting requirements.

Requirements

What you’ll need
  • Bachelor's degree in Accounting, Finance, Commerce, or a related discipline.
  • CA/CPA/ACCA/CMA qualification or progress toward certification is preferred.
  • 1.5–4 years of experience in Reinsurance Accounting, Insurance Accounting, or Record to Report (R2R) within the insurance industry.

Benefits

Comp & perks
  • Health insurance
  • Professional development opportunities

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools
Reinsurance Accounting EntriesPremiumsClaimsCommissionsRecoverablesSettlementsCeded BalancesAssumed BalancesIntercompany TransactionsIBNR
Soft Skills
Problem SolvingCommunicationCollaboration
Certifications
Bachelor's Degree in AccountingBachelor's Degree in FinanceBachelor's Degree in Commerce