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Assistant Manager – Insurance, Back Office
EXLAssistant Manager in Insurance managing end-to-end reinsurance operations. Ensuring compliance and effective contract management while collaborating with stakeholders for continuous improvement.
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in Reinsurance Setup, Contract Management, and Premium Calculation within the P&C Insurance domain, while effectively communicating with stakeholders and leading teams to drive operational improvements.
Highest-signal resume keywords
Reinsurance Contract ManagementP&C Insurance BackgroundLPAN KnowledgeTeam Handling SkillsClient Facing Skills
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Reinsurance SetupPremium CalculationBordereaux ProcessingContractual Obligations ManagementCancellation ManagementEndorsement ManagementPerformance AppraisalOperational Analysis
Soft Skills
Communication SkillsNetworking CapabilityFeedback Management
Industry Keywords
UK Insurance IndustryFacultative ReinsuranceTreaty ReinsuranceLean MethodologyBPO Operations
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.