Chief Manager/Assistant General Manager - Financial Reporting - Insurance Firm

Job Purpose:

The incumbent will be responsible for financial statements preparation and entire Shareholder reporting, IRDAI reporting and AC and Board related deliverables. He also needs to co-ordinate for the statutory audit, IRDAI audit, IFC and any other process improvements or automation opportunities including various compliances.

Key Responsibilities:

STAT Financial statements review:

- Review of monthly financial statement preparation as per IRDA regulation.

- Review of various monthly, quarterly and yearly reports and disclosures.

- Review of Shareholder and IRDAI reporting.

Ind AS financials review

- Ind AS implementation co-ordination.

- Monthly Ind AS financials and required disclosures.

- Co-ordination for the statutory audit.

- SPOC for the PMLI & the statutory audit team w.r.t. the quarterly & annual statutory audit and IRDAI audit.

Analysis

- Monthly analysis of the key business indicators of both PL and BS.

- Monthly Earning walk preparation along with reasons for variance.

- Exploring areas of automation and process improvement.

- Project Management and other compliances.

Co-ordination for reporting related projects

- Ensuring IFC compliance.

- Ensuring regulatory compliances w.r.t IRDAI and other relevant Acts.

Measures of Performance:

- Accuracy & Timelines.

- Quality of analysis.

- Project delivery.

- Process Controls and documentation.