Lead Assistant Manager

7 years

0 Lacs

Posted:22 hours ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Position Title, Responsibility Level

LAM

Function

Solvency II Reporting

Reports to

Manager- Operations

Permanent/ Temporary

Permanent

Location

Noida – C59

  • Hands on production experience of all mandated QRT’s templates as per the timetable released by PRA (for Quarterly and Annual templates) Partnering in setting the team’s strategic direction and assisting in the overall running of the team’s operations
  • Understanding of bridging items between local/ US GAAPs and Solvency II requiring eg DAC, Receivables, and technical provisions Review of critical journal entries, GAAP supplemental before submission to onshore team
  • Claims provisioning and reserves calculations for triangles calculations relevant for Annual QRT submissions Participate or lead special projects, initiatives, ad-hoc reporting and analysis requests
  • Report writing in narrative reporting toolkit like Workiva experience would be preferred for drafting of Qtrly, Annual R&A and SFCR / FCR reports Identify process improvement opportunities to drive efficiencies and enhanced controls

Primary Internal Interactions

  • Manager for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support
  • Manager for the purpose of settling issues left unresolved by the Assistant Manager and monthly evaluation of performance
  • Peers (team members) for the purpose of seeking co-operation & clarification on process-related matters & aiding and support when required

Primary External Interactions

  • Onshore Team Manager and SMEs for daily planning of work and execution of deliverables
  • Must demonstrate effective and diplomatic oral and written communication skills
Strong time management and team management and other organization skills

Organizational Relationships

Reports To

Skills

Technical Skills

  • MBA/Post-Graduate in Finance with 7+ years of experience in Regulatory reporting
  • Reporting for more than 7-9 years.
  • IFRS 17 knowledge is an add on

Process Specific Skills

  • Strong Knowledge about All 3 Piller in Solvency II reporting /XBLR/Taxnomy Update/QRT template Capable of working with tight deadlines and lead closure of reporting timelines
  • Leads or actively participates in increasingly complex department projects and continuous improvement activities
  • Effectively balance quality, timeliness and productivity standards
  • Identify and implement enhancements and efficiencies

Soft Skills (Desired)

  • Experience in Workiva, Wings, SAP/Oracle, XBRL/SCR Experience on working on SAP S/4HANA
  • Excellent verbal and written communication skills to interact with several stakeholders

Soft Skills (Minimum)

  • Self-disciplined and result oriented
  • Ability to multitask
  • Ability to work effectively as part of a team
  • Commitment and drive for results
  • Strong analytical skills
  • Ability to understand and question established process guidelines to bring about process improvements
  • Ability to pay great mindfulness – especially during processing of transactions

Education Requirements

  • MBA/Post-Graduate with strong practical experience in reporting for more than 7 - 9 years
  • MBA / Graduate / Post-Graduate in Finance with 4+ years of experience in Financial Reporting and SOLVENCY II Reporting.

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