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7.0 - 12.0 years
9 - 14 Lacs
Bengaluru
Work from Office
Reports to : Appointed Actuary About the Role Weare looking for a dynamic actuarial professional for our Reserving andReporting team. The ideal candidate will bring deep expertise in actuarialreserving principles and hands-on experience in regulatory and financialreporting frameworks. This is a key role that will contribute to the companysrisk, compliance, and financial strategy. Key Responsibilities Quarterly and annual actuarial reserving processes. Prepare regulatory submissions including solvency margins, RBC reports, and actuarial valuation report Support in implementation and compliance with IFRS 17 and other evolving reporting frameworks Collaborate with finance, risk and underwriting teams to ensure data integrity and timely reporting Contribute to internal actuarial analyses and scenario testing Manage actuarial inputs and responses for internal and external audits Present key findings and recommendations to appointed actuary Manage pricing of large proposals and tenders, issuance and business monitoring What Were Looking For: 57 years of relevantactuarial experience in general insurance. Strong understanding of actuarial reserving methods and regulatory frameworks (IRDAI,RBC,IFRS 17). Progress towards actuarialqualification (minimum 68 actuarial exams cleared). Excellent analytical,communication, and stakeholder management skills. Experience with actuarialsoftware/tools (e.g., Excel, SAS, Python, SQL etc.).
Posted 2 weeks ago
4.0 - 9.0 years
15 - 30 Lacs
Gurugram, Delhi / NCR, Mumbai (All Areas)
Work from Office
1. 4-7 years of actuarial experience in Insurance or Consulting Firms in Non-Life domain 2. At least 6 actuarial papers passed from IAI / IFoA as per the new curriculum 3. Prior experience with IFRS 17 / Ind AS 117 preferred 4. Prior experience of working in the India domestic market through insurance or consulting preferred
Posted 2 weeks ago
7.0 - 12.0 years
15 - 27 Lacs
Gurugram
Hybrid
Job Location: Gurugram Mode of work: Hybrid Techno-functional Role(Python scripting + IFRS 9 Reporting) Skillset required: CA/CWA/MBA/any Graduate-Finance - Python writing and reading scripting experience + IFRS 9 +With Insurance Background Interested can share updated resume in-line with JD if skill set matches to gramashetty@allegisglobalsolutions.com Principal responsibilities Customers / Stakeholders Ensure support is provided as per requirement to onshore counterparts Attend/Organize all business calls /meetings and drive issue resolution as required Respond to queries from senior group level management as appropriate Leadership & Teamwork Drive performance metrics in line with requirements. Manage peak loads of work and also identify and re-engineer processes to reduce month end workload. Operational Effectiveness & Control Ensure proactive controls in place to highlight issues before they are picked up by business. Manage the Operational Risk and maintain cross training for all deliverables. Qualifications - Externa l Qualified CA / CWA with at least 10+ years of post-qualification experience in accounting Qualified MBA finance with at least 10+ years of post-qualification experience from reputed institutes Past experience of working in insurance companies, consultancy or organization of repute will be an advantage. Ability to develop effective working relationships with business partners/customers Ability to bring analytical rigour, structure and solution to problematic areas. An excellent attention to detail. Very good working knowledge of Microsoft Office is essential. Is expected to have strong technical understanding of accounting principles and demonstrated competence in their application. Ability in Business Reporting and Analysis Business Expert knowledge of Python software proficiency in write and edit scripts Exposure to IFRS17 accounting and reporting as per standard Should be having good understanding of IFRS 9 and investment accounting and reporting Should be a subject matter expert on preparation of Entity Financial Control Activities Ledger Close, Cost Analysis, SARACEN Primary and Supplementary Financials, Analytical Reviews, Balance Sheet Reconciliations and Substantiation Should have in-depth knowledge around preparation and review of the schedules and financial results for Insurance entity Should be able to comprehend and implement the controls and procedures in regard to Financial Control processes Review and processing of receipts, adjustments and preparation of underwriting booking data underwriting analysis Preparation of reports and documents for Global and Local Employee Benefits stakeholders Regards, Gopala BR HR Talent Acquisition
Posted 3 weeks ago
7 - 12 years
15 - 27 Lacs
Gurugram
Hybrid
Job Location: Gurugram Mode of work: Hybrid Skillset required: CA/CWA/MBA/any Graduate-Finance - Python writing and reading scripting experience + IFRS 9 &17 both +With Insurance Background(Pref but not mandatory) Interested can share updated resume inline with JD if skillset matches to gramashetty@allegisglobalsolutions.com Principal responsibilities Customers / Stakeholders Ensure support is provided as per requirement to onshore counterparts Attend/Organize all business calls /meetings and drive issue resolution as required Respond to queries from senior group level management as appropriate Leadership & Teamwork Drive performance metrics in line with requirements. Manage peak loads of work and also identify and re-engineer processes to reduce month end workload. Operational Effectiveness & Control Ensure proactive controls in place to highlight issues before they are picked up by business. Manage the Operational Risk and maintain cross training for all deliverables. Qualifications - External Qualified CA / CWA with at least 10+ years of post-qualification experience in accounting Qualified MBA finance with at least 10+ years of post-qualification experience from reputed institutes Past experience of working in insurance companies, consultancy or organization of repute will be an advantage. Ability to develop effective working relationships with business partners/customers Ability to bring analytical rigour, structure and solution to problematic areas. An excellent attention to detail. Very good working knowledge of Microsoft Office is essential. Is expected to have strong technical understanding of accounting principles and demonstrated competence in their application. Ability in Business Reporting and Analysis Business Expert knowledge of Python software proficiency in write and edit scripts Exposure to IFRS17 accounting and reporting as per standard Should be having good understanding of IFRS 9 and investment accounting and reporting Should be a subject matter expert on preparation of Entity Financial Control Activities Ledger Close, Cost Analysis, SARACEN Primary and Supplementary Financials, Analytical Reviews, Balance Sheet Reconciliations and Substantiation Should have in-depth knowledge around preparation and review of the schedules and financial results for Insurance entity Should be able to comprehend and implement the controls and procedures in regard to Financial Control processes Review and processing of receipts, adjustments and preparation of underwriting booking data underwriting analysis Preparation of reports and documents for Global and Local Employee Benefits stakeholders Regards, Gopala BR HR Talent Acquisition
Posted 1 month ago
13 - 18 years
45 - 70 Lacs
Chennai, Hyderabad
Work from Office
Business: Finance Operations Role Title: VP Insurance Finance Operations ocation: India- Chennai What youll do: Proven track record of technical accounting and reporting relating to Insurance Industry particularly, Life Insurance business. End to end process ownership, management and preparation of BAU reporting with an understanding of International Financial Reporting Standards, particularly IFRS17; Manage, lead and inspire the team to produce timely, accurate and complete information to stakeholders Ability to analyse and review processes, identifying automation and simplification opportunities and drive transformation agenda Strong written and oral communicate skills (English plus local language of country where the role is located). Ability to communicate the transformation agenda in a simple manner to a global audience; Experience in accounting / financial reporting, and management reporting; Proven track record of driving re-engineering, process synergies and technology based solutions; Understanding of control frameworks and how to implement effective controls in practice.; Ability to develop effective working relationships with stakeholders of different seniority and geographical location; Technical Skill Requirements Recognized professional accounting qualification with 14+ years of experience predominantly in Finance, including in leadership positions managing complex requirements from senior stakeholders Strong understanding of IFRSs and technical Insurance accounting concepts Experience of operating in senior governance forums, handling auditors Strong experience and understanding across financial accounting and business finance Strong formal written reporting skills and experience of drafting papers for Board-level audience What you will need to succeed in the role: Proven track record of driving re-engineering, process synergies and technology-based solutions Ability to work under pressure, report to tight deadlines and deal effectively with issues as they arise Effective team player, very collaborative, communicates status and issues on a regular basis; Ability to effectively manage the competing views and opinions of multiple senior stakeholders and ensure timely delivery Strong people skills and a high degree of motivation and commitment. Experience in designing, implementing and validating the effectiveness of process controls Commercial mindset with strong execution and problem-solving skills. Ability to communicate complex and technical messages to stakeholders at all levels of the organization. Ability to work in a dynamic environment and adapt to frequent and multiple changes Customers / Stakeholder management Effectively manage key relationships with senior stakeholders, including the Head of Global Insurance Finance, Global Insurance CFO, Global Insurance CAO, Insurance market CFOs, Global and Regional Financial Reporting Leads. Demonstrate a robust understanding of all key internal and external stakeholders and their individual requirements Demonstrate effective relationship management with stakeholders at all levels Continuously engage and support stakeholders on evolving business and functional requirements Establish an effective and robust communication channel with multiple stakeholders to ensure timely flow of information and continuous feedback mechanism Engage with stakeholders through fact-based conversations, building strong relationships and providing challenge, where appropriate Anticipate and address issues and concerns from stakeholders, resolve them in an effective manner Leadership & Teamwork Demonstrate leadership, including the provision of guidance, coaching and timely feedback to improve effectiveness Support the retention of key talent, and the attracting and developing new talent and skills Engage with leads and colleagues across all functions and entities to promote consistency and teamwork. Develop and understand existing processes and systems / data flows and the target end-state Design and enable training on transformation with a particular focus on developing commercial acumen, business partnering capabilities and technical accounting knowledge Provide an escalation point for the resolution of issues and support the management of workloads to meet business critical deadlines Lead and develop an effective team through communication, performance management, development plans and reward/recognition practices. Cultivate an environment that supports diversity and reflects values. Operational Effectiveness & Control : Lead and develop an effective control environment Support the review and assessment of overall accounting and reporting process performance, opportunities to improve, and eliminate root causes of operational issues Maintain and drive strong controls around data integrity and accuracy for all deliverables To continually assess the operational risks inherent in the processes, taking account of changing operating procedures, staff movements, legal and regulatory requirements, management restructures, and the impact of new technology Effectively drive and manage change, plan business contingency and achieve cross-training Ensuring BCP plan is documented, agreed with business partner and tested as per agreed timelines
Posted 2 months ago
4 - 6 years
10 - 18 Lacs
Delhi NCR, Bengaluru, Mumbai (All Areas)
Work from Office
As a SAS programmer, he/she will be responsible for designing, developing, testing, and maintaining SAS programs that support the needs of our organization. He/she will work closely with other members of our team to ensure that all programs are accurate, efficient, and effective. Key Responsibilities Design and develop SAS programs to support business and research needs. Collaborate with end-users and other stakeholders to understand their requirements and translate them into technical specifications. Test and debug programs to ensure that they are functioning correctly and efficiently. Document code, processes, and workflows thoroughly and accurately. Troubleshoot and resolve the technical issues related to SAS programs. Performance tuning of SAS programs. Collaborate with other team members to ensure that all deliverables are completed in a timely and professional manner. Maintain the integrity and security of all data and code. Contribute to the continuous improvement of data solutions. Design and develop batch software on the UNIX platform utilizing Korn shell scripting as a wrapper to execute SQL, SAS and/or Perl programs. Maintain and enhance the source code and process flow for the departments SAS production environment. Follow departmental standards and best practices for coding, testing and documentation. Knowledge on PowerBI. Participate in design reviews and provide input to the design recommendations, information/data flow, incorporate security requirements into design. Translate technical requirements into programmed application modules and develop/enhance those. Qualifications Bachelors degree in computer science, or a related field. Experience with SAS programming and SAS Enterprise Guide. Strong programming skills in SAS/BASE, SAS/STAT, SAS/GRAPH, SAS/MACRO, and data manipulation techniques. Ability to communicate complex technical concepts to non-technical stakeholders. Experience working with large datasets and databases. Strong understanding of Azure Synapse. Strong analytical and problem-solving skills. Excellent attention to detail and accuracy. Ability to work independently and collaboratively. Preferred Qualifications Strong problem-solving skills and the ability to perform in-depth root cause analysis. Ability to manage multiple tasks and priorities in a fast-paced environment. Excellent interpersonal and communication skills, both written and verbal. Attention to detail and proactive in identifying potential issues before they escalate. In-depth knowledge of financial reporting and accounting principles, specifically related to insurance or financial services industries. Proven track record of successfully implementing IFRS17 solutions and managing complex financial systems projects. Solid understanding of data integration and transformation processes, data mapping, and data quality assurance techniques. Excellent analytical and problem-solving skills, with the ability to analyze complex data and identify appropriate solutions. Strong communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and communicate technical concepts to non-technical stakeholders. Detail-oriented mindset with a focus on accuracy and quality in all deliverables. Ability to adapt to changing priorities and work effectively in a fast-paced environment. Professional certifications such as SAS Certified Specialist: IFRS17. Experience with financial or regulatory reporting applications, particularly IFRS17. Experience with Disaster Recovery processes and data archival & replication activities. Knowledge of audit processes and compliance requirements. Work Environment The IFRS17 Team operates in a collaborative and fast-paced environment. Team members may be required to work outside of standard business hours to monitor critical batch jobs and address issues as they arise. This role may also involve on-call responsibilities.
Posted 3 months ago
3 - 8 years
10 - 14 Lacs
Bengaluru, Kochi, Hyderabad
Work from Office
EY GDS Assurance FAAS FSO – Insurance Senior At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. Your job responsibilities: Treasury strategy, operating model and transformation support US GAAP and STAT Reporting Investments accounting and Reporting (IFRS9)(IFRS 17) Cash management, transactional banking, payments and working capital optimization
Posted 3 months ago
4 - 8 years
8 - 13 Lacs
Gurgaon
Work from Office
Role & Responsibilities: Prepare & Present Monthly, Quarterly, and Annual Financial Statements in compliance with IGAAP Perform detailed analysis of financial data and variances, preparing management reports with actionable insights. Review and Reconcile Balance Sheet Accounts and ensure all Financial Transactions are accurately recorded. Coordinate with external auditors to facilitate smooth audits, responding to audit queries and ensuring timely completion. Monitor and ensure compliance with internal controls and financial policies. Provide support for internal stakeholders, including senior management and department heads, regarding financial matters Ensure timely submission of Audit committee/Board deliverables, review of policies approved by Audit Committee/Board and closure of ATRs Ensure compliance with Accounting Standards , the Companies Act 2013 and also the IRDAI Regulations Planning and overseeing projects to ensure they are completed in a timely manner and within budget Testing of system requirements, evaluate new requirements and providing CRs to IT, liase with IT for resolution of defects and delivery Preferred Candidate Profile Chartered Accountant (CA) 4+ years of post - qualification experience in Financial Reporting. Life Insurance Industry is preferred Experience of IGAAP, IND AS, IND AS 117, IFRS Reporting, IFRS 17, Financial Accounting Practices and Standards, SEBI and IRDAI Regulations Strong analytical and problem-solving skills
Posted 3 months ago
9 - 14 years
15 - 25 Lacs
Gurgaon
Work from Office
Role & Responsibilities: Group Reporting - Fit for consolidation financials for group reporting (IND AS complied) Coordinating with Holding Company team for queries, data requirement etc. Regulatory Reporting (IGAAP and Ind AS) - Managing regulatory reporting to IRDAI ex. BAP submission, public disclosures, Life Council reporting, new business certificate, BAP operational, any other adhoc requirement from IRDAI etc. Managing Statutory Audit - Handling quarterly Statutory audit by joint statutory auditors (One auditor is Big 4 CA form) Internal Control Framework (ICF) - Ensuring ICF framework update all the time with respect to process and system changes. SEBI Compliances - Company having listed debentures. Ensure timely SEBI compliances w.r.t to listed debentures. Project Management - Planning and overseeing projects to ensure they are completed in a timely manner and within budget System Enhancements - Testing of system requirements, evaluate new requirements and providing CRs to IT, liase with IT for resolution of defects and delivery Preferred Candidate Profile Chartered Accountant (CA) Minimum 10 years of relevant experience Post Qualification Life Insurance Experience in Financial Reporting / Regulatory reporting Good knowledge of IND AS, IND AS 117, IFRS, IFRS Reporting, IFRS 17, Accounting Practices and Standards, SEBI and IRDAI Regulations etc.
Posted 3 months ago
8 - 12 years
25 - 30 Lacs
Gurgaon
Work from Office
What will your essential responsibilities include? Responsible for leading the Bermuda Reinsurance Financial Reporting team. Responsible for Reinsurance Financial planning, accounting and reporting activities. Responsible for driving and preparing Quarterly Income Statement Pack and Balance Sheet Pack, monthly/quarterly reconciliations which include but is not limited to Balance Sheet and P&L reconciliations. Support Legal Entity & Regulatory reporting work. Responsible for preparing, reviewing, and posting (if needed) journal entries. Maintain effective communication with onshore (both written and verbal) and manage expectations. Keeping the flexibility in reports to incorporate any high-level adjustments or structural changes from stakeholders. Develops and maintains process documentation. Drive continuous/ process improvement and special projects. Knowledge of Enterprise Finance Reporting (EFR), Qlik & HFM / Smart-View, IFRS 17, will be an added advantage. Support Ad-hoc activities. You will report to Senior Manager, Reinsurance Financial Reporting.
Posted 3 months ago
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