Finance Manager Irdai Reporting Insurance

Year    Mumbai, Maharashtra, India

Job Description

- To ensure correct and timely regulatory reporting to the statutory authorities

- Automation IRDAI reports (Including BAP)

- Identify process gaps and improve on the same to facilitate smooth functioning of the department

- To perform analysis on all IRDAI reports, prepare trends reported and develop improvement plans.

- To get the data from various departments and perform variance analysis for IRDAI reports

- To Manage and oversee the Accounting of Insurance operation.

- Processing of fortnightly Agent & BABP Commission as per the agreed TAT and ensuring that the robust validation and control has been put in place before releasing the commission.

- To controls, review and timely closure of books of accounts including expense provision, advances and analysis codes

- To co-ordinate and complete limited review, Stat audit, internal audit and IFC audit

Key Performance

Indicators

- Automation of Reports = 10 reports every half year

- Implementation of new regulatory requirement = 100% compliance

- Timely submission of IRDAI Report - 100% compliance

- Error in IRDAI Reporting

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Job Detail

  • Job Id
    JD2940793
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year