EXL | Senior Manager

Responsibilities

• This role involves ensuring compliance with accounting standards and regulations while providing insights to support strategic decision-making.
• Manage Year of Account (YOA) reporting, underwriting year movements, and close financial activities.
• Prepare and analyze syndicate financial statements under UK GAAP, IFRS, and Lloyd’s reporting standards.
• Review and reconcile premium, claims, brokerage, commission, reserves, reinsurance recoveries, IBNR, and acquisition costs Perform detailed gross, ceded, and net reconciliations, balance sheet substantiation, and variance analysis.
• Support annual audits, regulatory reviews, and governance requirements by providing schedules, reconciliations, and management commentary.
• Ensure compliance with internal controls, SOX/audit requirements, and Lloyd’s reporting guidelines.
• Prepare management packs, board reporting schedules, KPI dashboards, and performance analytics for senior stakeholders.
• Drive process improvements, automation initiatives, and reporting standardization to enhance efficiency and reporting accuracy.
• Prepare, analyze and present financial reports to ensure accurate and timely financial information for stakeholders.
• Review financial statements, reports, and analyses, including balance sheets, income statements, and cash flow statements.
• Ensure compliance with accounting principles, standards, and regulatory requirements.
• Coordinate with internal departments and external auditors to ensure accurate and timely reporting.
• Oversee financial reporting process, ensure SLA adherence and ensure no disruption to operations.
• Prepare and review Lloyd’s Syndicate financial reports on a monthly, quarterly, and annual basis, ensuring compliance with Lloyd’s reporting requirements Support preparation and submission of QF1, AF1, RRQ, QMB, SBF, and other regulatory filings as applicable.
• Coordinate data validation, control checks, and submission of returns through Lloyd’s reporting channels and portals Liaise with Underwriting, Claims, Reinsurance, Actuarial, Finance, and External Auditors to resolve reporting issues and data discrepancies.

Qualifications

• Bachelors or Masters Degree in commerce or finance and qualified professional accountant (Graduate (Finance) , Post-Graduate (Finance) , BBA, MBA, CA, CMA, CS) 10+ Years.
• Strong knowledge of Lloyd’s Market Syndicate Reporting and regulatory returns.
• Experience with premium, claims, and reinsurance accounting.
• Understanding of Solvency UK / Solvency II, UK GAAP, and IFRS.
• Expertise in financial reporting, reconciliations, and audit support.
• Advanced Excel and reporting tools (Oracle, SAP, SUN, Hyperion/FCCS, BlackLine, etc.).
• Strong analytical, stakeholder management, and communication skills.
• Strong knowledge of Llyod's Portal like Core Market Return, Overseas Reporting System, Secured Share & MDC, etc.

EXL

EXL (ExlService Holdings, Inc.) is a data analytics and digital operations company founded in 1999 and listed on NASDAQ as EXLS. It works with large insurers, banks, healthcare payers and retailers worldwide, combining data, AI and deep industry knowledge to run and transform business operations. Its Indian arm, EXL Service.com (India) Private Limited, was incorporated in 1999, and India is where the bulk of its global delivery work happens.

For finance professionals, EXL hires across finance and accounting operations (record to report, procure to pay, order to cash), financial planning and analysis, financial reporting, audit support, and risk and compliance, alongside its large analytics practice. CA, CMA, ACCA and MBA (Finance) profiles suit these roles across its Noida, Gurugram, Pune, Bengaluru, Chennai and Kochi centres.

• Industry: Data analytics, AI and digital operations (BPM)
• Headquarters: New York, USA (Indian operations headquartered in Noida)
• In India: Delivery centres in Noida, Gurugram, Pune, Bengaluru, Chennai, Hyderabad and Kochi