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Axis Max Life Insurance
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Deputy Manager - Financial Reporting

Deputy Manager - Financial Reporting

Axis Max Life Insurance

2 - 4 years

4 - 6 Lacs

Gurugram

Posted:3 days ago| Platform:

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Skills Required

Auditor Financial statements Automation Financial reporting Regulatory reporting MIS GAAP Management reporting Auditing Testing

Work Mode

Work from Office

Job Type

Full Time

Job Description

Deputy Manager - Financial Reporting

JOB SUMMARY

Regulatory reporting to IRDAI/Life Counsel
Internal, Management and Statutory reporting
Management of audits - statutory and internal
Support in preparation of quarterly / annual financial statements
System Maintenance, testing, new development, etc.

KEY RESPONSIBILITIES

Regulatory reporting -

Preparation of reports for submission to IRDAI/Life counsel, providing information/details required by IRDAI/Life counsel etc.
Public Disclosures
BAP Reporting
Newspaper publication

Management reporting
- Providing data to management as and when required
Internal reporting
- Providing data to actuaries, MIS team on a monthly basis
Managing Audits

-
Support to Statutory/Internal auditors by providing timely data and ensuring successful completion of the same
Audit committee-
Preparation of data for the deck, other items to be taken up, closure of audit committee actionable etc.
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

MEASURES OF SUCCESS

Timely 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.
Providing sufficient data to auditors and ensure that the audit is closed without pending issues.
Automation of reports.
Effective controls on data.

JOB REQUIREMENTS

Chartered Accountant
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

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