Job Description

JOB DESCRIPTION

Job Title: DM- Finance

Band: 5B

Reporting To:

Senior Manager

Incumbent:

Department:

Finance

Supervising:

JD defined on:

Location: Gurgaon

JOB SUMMARY:

• Regulatory reporting to IRDAI/Life Council
• Internal, Management and Statutory reporting
• Support in audit - statutory and internal
• System Maintenance, testing, new development, automation etc.

KEY RESPONSIBILITIES:

• Regulatory reporting -
• Preparation of reports for submission to IRDAI/Life council, providing information/details required by IRDAI/Life council etc.
• Public Disclosures
• BAP Reporting
• Newspaper publication
• Adhoc requirement from IRDAI / Life council etc.

• Management reporting - Providing data to management as and when required
• Internal reporting - Providing data to actuaries, MIS team on a monthly basis
• Support in Audits - Support in managing statutory/internal audit.
• System Enhancements - Testing of system requirements, evaluate new requirements and providing CRs to IT, liase with IT for resolution of defects and delivery, testing of requirements etc.

MEASURES OF SUCCESS:

• Timely and accurate submission of reports in line with regulatory and management requirements and continuous efforts to reduce time taken to make reports with enhanced controls.
• Automation, compliance and improvement agenda resulting in improvement of processes.
• Automation of reports.
• Effective controls on data.

JOB REQUIREMENTS:

• Chartered Accountant/ MBA
• 2- 4 years of relevant experience post qualification
• Life Insurance experience in Financial Reporting
• Good knowledge of I GAAP, IND AS, Accounting practices and standards and IRDAI regulations

JOB DESCRIPTION

Job Title: DM- Finance

Band: 5B

Reporting To:

Senior Manager

Incumbent:

Department:

Finance

Supervising:

JD defined on:

Location: Gurgaon

JOB SUMMARY:

• Regulatory reporting to IRDAI/Life Council
• Internal, Management and Statutory reporting
• Support in audit - statutory and internal
• System Maintenance, testing, new development, automation etc.

KEY RESPONSIBILITIES:

• Regulatory reporting -
• Preparation of reports for submission to IRDAI/Life council, providing information/details required by IRDAI/Life council etc.
• Public Disclosures
• BAP Reporting
• Newspaper publication
• Adhoc requirement from IRDAI / Life council etc.

• Management reporting - Providing data to management as and when required
• Internal reporting - Providing data to actuaries, MIS team on a monthly basis
• Support in Audits - Support in managing statutory/internal audit.
• System Enhancements - Testing of system requirements, evaluate new requirements and providing CRs to IT, liase with IT for resolution of defects and delivery, testing of requirements etc.

MEASURES OF SUCCESS:

• Timely and accurate submission of reports in line with regulatory and management requirements and continuous efforts to reduce time taken to make reports with enhanced controls.
• Automation, compliance and improvement agenda resulting in improvement of processes.
• Automation of reports.
• Effective controls on data.

JOB REQUIREMENTS:

• Chartered Accountant/ MBA
• 2- 4 years of relevant experience post qualification
• Life Insurance experience in Financial Reporting
• Good knowledge of I GAAP, IND AS, Accounting practices and standards and IRDAI regulations

Max Life Insurance