Accounting Associate for Property and Casualty Insurance

1 week ago


Noida, Uttar Pradesh, India exl Full time
Job Description

At ExL, we are seeking a detail-oriented Accounting Associate to support our Property and Casualty (P&C) US Insurance Operations team in Noida, India.

Key Responsibilities:
  • Premium Accounting: Adjust and reallocate misapplied payments with accuracy and efficiency. Apply payments accurately to ensure proper policy administration. Set up and remove auto pay/EFT options for policyholders. Change payment method such as converting from EFT to mortgage billing. Maintain accurate records and documentation according to company standards. Collaborate with internal teams to resolve discrepancies and ensure smooth processing.
  • Book Roll: Support the transfer of an entire book of business from one agency to another. Verify the accuracy of policy details and ensure that all data related to book of business is correct and up to date before initiating the rule. Cross-check policies within the book to identify and reconcile any discrepancies between the source and target system. Maintain thorough documentation of the book roll process including tracking any changes or updates made during the transfer.
  • Endorsement: Accurately process endorsement requests for auto and home insurance policies including policy modifications coverage additions and other adjustments as requested by policyholders or agents. Review existing policies to ensure that requested endorsements comply with underwriting guidelines and company policies. Verify all necessary information before processing changes. Maintain data integrity and accuracy. Ensure that all endorsements are processed in accordance with regulatory requirements and company standards.
Requirements:
  • Bachelor's degree
  • Proficient in Microsoft Office suite (Word, Excel, Outlook)
  • Typing speed of 30 WPM with 90% accuracy
  • Able to make decisions following process guidelines
  • Strong attention to detail and ability to handle multiple tasks

The estimated salary for this role is ₹5,00,000 - ₹7,00,000 per annum, depending on experience and qualifications. We offer a comprehensive benefits package, including health insurance, retirement plans, and paid time off.



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