Position Title: AM/Manager - IND AS 117 and Regulatory Reporting

Location: Mumbai

Key Stakeholders: CFO, Actuarial, Risk & Compliance, External Auditors, Regulatory Authorities

Reports To: Financial Controller

Nature of Work: Work from Office

About the Client:

A digitally-led general insurance platform redefining how financial protection is delivered and experienced. Built on a cloud-native infrastructure, the organisation combines advanced analytics, automation, and customer-centric design to simplify traditionally complex processes. With a strong focus on regulatory integrity and innovation, it operates at the intersection of finance, technology, and risk, and is currently navigating a critical transformation phase aligned with evolving accounting standards.

Why Join This Organisation:

- Front-row access to a high-stakes Ind AS 117 transformation journey

- Direct engagement with CFO-level leadership and regulatory authorities

- Opportunity to influence financial strategy, solvency, and profitability frameworks

- A platform where finance, actuarial, and technology intersect at scale

Position Overview:

This role sits at the core of a regulatory and financial transformation agenda, leading the shift towards Ind AS 117 reporting while ensuring seamless continuity of existing frameworks. You will anchor the organisations financial reporting integrity, balancing compliance with forward-looking financial insight. The mandate extends beyond reporting into shaping financial narratives, interpreting regulatory change, and partnering with cross-functional leaders to redefine profitability, capital efficiency, and reporting architecture in a dynamic environment.

Key Responsibilities:

- Lead Ind AS 117 implementation and parallel financial reporting

- Oversee regulatory submissions and ensure full compliance with evolving frameworks

- Partner with actuarial and risk teams to align financial assumptions and methodologies

- Drive financial statement integrity, controls, and audit readiness

- Interpret regulatory developments and advise on strategic financial implications

- Influence decisions on product profitability, solvency, and capital efficiency

- Champion automation and process optimisation across reporting cycles

Education & Experience Requirements:

- Education: Chartered Accountant or equivalent professional qualification

- Experience: 4-8 years in financial reporting within general insurance

- Special: Hands-on exposure to Ind AS 117 / IFRS 17 implementation, regulatory reporting, and audit environments

Essential Skills & Competencies:

- Technical / Functional: Deep expertise in Ind AS 117, insurance accounting, and regulatory reporting frameworks

- Leadership: Ability to influence cross-functional stakeholders and lead high-impact initiatives

- Behavioural / Cultural: Strong ownership, analytical rigour, and comfort operating in evolving regulatory landscapes