Star Union Dai-ichi Life Insurance - Senior Manager - Budget/Control & MIS

Budget Control:

1. Formulation of Annual Operating Expense Plan across different business segments and at the organization level

2. Variance analysis of Budget vs. Actual and reporting same to the cost owners

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

4. Preparation of expense forecast

5. Budgeted expense allocation including daily transactional activities relating to Budget re-allocation

6. Preparation & implementation of cost optimization and operational efficiency related Projects/ Plans across the company

7. Tracking and Analysis of Industry Peers and Competitors on various parameters viz. market share, profitability, expenses etc. and benchmarking for industry players

8. Automation of Process and integration of various business sources to improve internal & external reporting

MIS:

1. Management reporting

2. Departmental expense reporting and analysis

3. Zone / Region / Branch Profitability

4. Regulatory / Investor reporting

Skills

- Excellent Management skills

- Excellent interpersonal skills

- Excellent English written and verbal communication skills

- Strong analytical and presentation skills

Academic Qualification:

CA / MBA Finance. background preferred

Industry Preferred:

Insurance / Financial Sector Preferred