Manager - Regulatory Reporting - BPO

We are urgently looking for Manager - Regulatory Reporting

Job Description

Job Role: Insurance Statutory Reporting (NAIC)

Location of Posting: GGN

Total Years of Experience: 5~ 8 years of Insurance Experience (Mandate – Current/ Previous)

Minimum Qualification: University Graduate

Professional Qualification : Chartered Accountant (Mandate) (CAs between 2006- 2008 )

Flexible to work in shifts (US)

Experience:

Technical

- Advanced Accounting and Reconciliations experience

- Should have experience and understand the framework of multiple reporting requirements (STAT/GAAP/ Management Reporting (Business Segment / Product / Portfolio Reporting to Sr. Mgt).

- Experience in accounting & STAT reporting in P&C insurance industry.

- Experience in Reconciliations and posting various transactions –accruals, provisions, bank statement, intercompany etc.

- Reconciliations including the sub ledger to the general ledger, asset classes and other classifications required for Upstream, NAIC reporting.

- Having experience in operation & Strategic Finance

- Ensure strong financial tracking process is implemented.

- Strong understanding of core financial processes and able to conceptualize and build new processes based on business requirements.

Soft Skills

- Ability to listen well and comprehend, good customer service attitude to clearly articulate the resolution.

- Must demonstrate a high level of self-motivation, energy and flexibility

- Ability to handle varied volumes of workloads and to reach targets and deadlines on a timely basis

- Must demonstrate a high level personal integrity and investigation / negotiation skills

- Ability to identify, build and enhance key relationships, influencing and challenging as required.

- Understanding and knowledge of the drivers of business performance.

- The ability to work in a global environment with a strong customer focus, with experience of pro-actively working with demanding customers in a flexible manner.

- Self-starter, with ability to work under own initiative.

Key Accountabilities

- Responsible for preparation and review routine and recurring journals / accounting entries

- Manage & execute STAT close calendar and specific close activities

- Prepare & review GAAP to STAT reconciliations, adjustments

- Prepare STAT financial statement (Yellow book) and analytics

- Prepare non-complex routine & recurring journal / accounting entries

- Responsible for ensuring that work is delivered is fully compliant with the required policies and procedures, and meets KPI’s outlined.

- Develop and implement a framework for management review and challenge of substantiation and reconciliation outputs.

- Establish robust analytical procedures over the balance sheet & profit and loss account to build understanding of business and its key drivers and flush out any errors in the financials.

If you find the opportunity interesting please call on 9582849757