Assistant Vice President, Finance & Accounting

EXL

About The Position

EXL is seeking an experienced Assistant Vice President (AVP) of Finance & Accounting to lead finance operations supporting our Life & Annuity Third-Party Administration (TPA) platform. This leader will oversee accounting operations, financial controls, and regulatory reporting associated with policy administration, client funds, and tax reporting. The AVP will partner closely with Operations, Technology, Implementation, and Client Leadership teams to ensure financial accuracy, regulatory compliance, and operational scalability across EXL’s rapidly growing Life & Annuity business. This role is responsible for managing core accounting operations, tax reporting, reconciliation processes, financial controls, and client financial reporting, while driving automation and continuous improvement initiatives across the finance organization.

Requirements

Experienced Assistant Vice President (AVP) of Finance & Accounting
Lead finance operations supporting Life & Annuity Third-Party Administration (TPA) platform
Oversee accounting operations, financial controls, and regulatory reporting
Manage core accounting operations, tax reporting, reconciliation processes, financial controls, and client financial reporting
Drive automation and continuous improvement initiatives
Lead the accounting and finance operations supporting EXL’s Life & Annuity TPA services
Oversee daily, weekly, and monthly bank account and trust account reconciliations
Manage accounting for premium receipts, disbursements, policyholder transactions, and settlement activity
Ensure accurate general ledger maintenance, financial close processes, and reporting integrity
Oversee preparation and filing of required federal and state tax reporting
Ensure compliance with insurance regulatory requirements, accounting standards, and client contractual obligations
Serve as a subject matter expert on tax and financial regulatory requirements
Support internal and external audits
Develop and maintain robust financial controls, reconciliation procedures, and accounting governance frameworks
Partner with Risk, Compliance, and Internal Audit teams
Monitor and resolve financial exceptions, variances, and operational anomalies
Serve as a finance leader for client relationships
Represent EXL’s finance capabilities in client presentations, implementations, and prospective engagements
Partner with Implementation teams to support financial onboarding of new client blocks and conversions
Identify opportunities to improve financial processes through automation, analytics, and digital tools
Drive process improvements leveraging data analytics, automation, and financial technology solutions
Collaborate cross-functionally with Operations, Technology, and Product teams
Lead, develop, and mentor accounting professionals
Foster a culture of accountability, continuous improvement, and operational excellence
Establish performance goals and coaching frameworks for team development

Responsibilities

Lead the accounting and finance operations supporting EXL’s Life & Annuity TPA services, including general ledger activities, reconciliations, journal entries, and financial reporting.
Oversee daily, weekly, and monthly bank account and trust account reconciliations associated with policyholder funds and client accounts.
Manage accounting for premium receipts, disbursements, policyholder transactions, and settlement activity.
Ensure accurate general ledger maintenance, financial close processes, and reporting integrity.
Oversee preparation and filing of required federal and state tax reporting, including 1099-R, withholding reporting, and tax remittances.
Ensure compliance with insurance regulatory requirements, accounting standards, and client contractual obligations.
Serve as a subject matter expert on tax and financial regulatory requirements impacting life insurance and annuity products.
Support internal and external audits, including SOC1, regulatory examinations, and client audits.
Develop and maintain robust financial controls, reconciliation procedures, and accounting governance frameworks.
Partner with Risk, Compliance, and Internal Audit teams to ensure adherence to internal control standards and operational risk frameworks.
Monitor and resolve financial exceptions, variances, and operational anomalies.
Serve as a finance leader for client relationships, supporting financial discussions, reporting, and operational improvements.
Represent EXL’s finance capabilities in client presentations, implementations, and prospective engagements.
Partner with Implementation teams to support financial onboarding of new client blocks and conversions.
Identify opportunities to improve financial processes through automation, analytics, and digital tools.
Drive process improvements leveraging data analytics, automation, and financial technology solutions.
Collaborate cross-functionally with Operations, Technology, and Product teams to enhance scalability and efficiency.
Lead, develop, and mentor accounting professionals while building strong bench strength within the organization.
Foster a culture of accountability, continuous improvement, and operational excellence.
Establish performance goals and coaching frameworks for team development.