Star Union Dai-ichi Life Insurance - Deputy Manager/Manager - Financial Planning & Budget Control

Position: Dy. / Manager- Financial Planning & Budget Control

Department : FP & BC

Function: Financial Planning

Responsibilities:

Financial planning & Budget Control:

- Simulation runs in prophet for the annual business plan. Actuarial knowledge and background preferred.

- Preparation of complete financial plan for the organization.

- Variance analysis of plan vs actual all financial parameters.

- Preparation of profit forecast.

- Competition analysis & benchmarking for industry players

- Other ad-hoc projects relating to planning and expenses that may be taken up by the department

Expense planning & management:

- Expense budgeting - includes expense estimation with a thorough understanding of underlying drivers, preparation of expense forecasts.

- Preparation of expense plans for the organization.

- Variance analysis of budget vs actual and reporting same to the cost owners.

- Conducting cost reviews and engaging with cost owners for discussion on cost reports.

Includes interactions with cost functions & discussions including cost

Technical Competencies / Specializations:

- Good interpersonal skills

- Good English is written and verbal communication skills

- Strong analytical skills

- Should be a team player

Preferred Work Experience:

Min. relevant experience of 3yrs+ (Understanding of Insurance P&L is required and hence we can also look at candidate from finance & accounts keen to move to planning

Industries / Companies : Insurance / Financial Sector

Any academic qualification/ specialization to look for: CA / MBA finance (commerce background) - Actuarial background or knowledge can be an advantage.