Assistant Manager – Insurance, Back Office

EXL

Assistant Manager in Insurance managing end-to-end reinsurance operations. Ensuring compliance and effective contract management while collaborating with stakeholders for continuous improvement.

Posted 7/7/2026full-timeNoida • 🇮🇳 IndiaMid-LevelSeniorWebsite

About the role

Key responsibilities & impact

Reinsurance Setup, Sanctions & Submission clearance in the system.
LPAN creation and/or submission and/or review
Facultative & Treaty Reinsurance Contract Management - Setting up & maintaining the reinsurance contract.
Post bind work like Cancellation/endorsement management.
Premium - Calculating and booking of reinsurance premiums and processing bordereaux in the system.
Calculating & booking of contractual obligations like Profit commission, Prem adjustments, No claims bonus etc.
Ensure the quarterly and yearly instructions are reviewed and incorporated.
Analysis of actual results compared with expectations, as well as prior periods.
Communicate with customer on day-to-day basis and internal stakeholder on regular basis
Team handling skills, daily query handling, feedback management to iron out the operational challenges and driving improvements (Lean) to bring better controls.
Exposure towards training methodology to drive effective training to bring desired result.

Requirements

What you’ll need

Graduate with at least fifteen (15) years of education in any discipline
5+ years of experience in the relevant domain
Must have P&C Insurance and Reinsurance background
Knowledge of UK Insurance industry preferable
LPAN knowledge is an added advantage
Capability to conduct an appraisal discussion and assess different levels of performance and potential
Capability to communicate with large teams
Appreciation of the domain needs of the process and its key drivers
Reasonable level of business perspective regarding the internal functioning of BPO and Supplier’s organization
Good networking capability and client facing skills

Benefits

Comp & perks

EXL never requires or asks for fees/payments or credit card or bank details during any phase of the recruitment or hiring process.
Formal interview process with members of EXL’s Human Resources team, as well as our hiring managers.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Reinsurance SetupPremium CalculationBordereaux ProcessingContractual Obligations ManagementCancellation ManagementEndorsement ManagementPerformance AppraisalOperational Analysis

Soft Skills

Communication SkillsNetworking CapabilityFeedback Management