Senior Manager

Key Responsibilities:

A. Leadership & Governance

• Lead the External Reporting team responsible for UK insurance entity deliverables.
• Collaborate closely with UK finance and regulatory stakeholders.
• Ensure compliance with control standards, reporting timelines, and audit-readiness.
• Run Control remediation projects and drive closure
• Drive continuous improvement, automation, and reporting efficiencies within the team.

B. UK GAAP / IFRS Financial Reporting

• Prepare and finalize:

• Group Consolidated Balance Sheet

  and

  Profit & Loss

• Primary Financial Statements

  : IS, BS, OCI, SOCIE, and Cash Flow

• Supplementary Data Packs

  and

  Note Disclosures

• Perform and book IFRS-related adjustments such as:
• Share-based payments
• Accruals and under/over provisions
• Group consolidation and elimination entries
• Manage:

• Intercompany reconciliations and adjustments

• Allocations and recharges

  across legal entities
• Coordinate with UK counterparts on compiling:

• Strategic Report

• Directors' Report

• Risk Management Disclosures

C. Solvency II & Regulatory Reporting

• Deliver accurate and timely Solvency II submissions, including:

• Quantitative Reporting Templates (QRTs)

  :
• Premiums, Claims & Expenses by Line of Business
• Asset Registers, Open Derivatives, Derivatives Transactions
• Technical Provisions, Own Funds, SCR & MCR calculations

• Booking of SII Adjustments

  (Goodwill, DAC write-offs, reclassifications)
• Finalize and support annual submission of:

• Solvency and Financial Condition Report (SFCR)

• Regular Supervisory Report (RSR)

• Consolidate financial statements and regulatory data at Group level for submission to UK regulators (e.g., PRA).

D. Operational Delivery & People Management

• Lead and mentor a team of qualified professionals ensuring:
• Timely delivery of high-quality reporting packs
• Adherence to internal controls and audit requirements
• Effective collaboration across time zones and functions
• Drive resource planning, time-sheeting, performance management, and capacity optimization.
• Serve as the escalation point for operational or delivery-related issues.

Candidate Profile:

Required Qualifications & Experience:

• Qualified Accountant

  – CA, ACCA, CPA or equivalent
• 10+ years of experience in external, regulatory, or group reporting
• Demonstrated expertise in

  UK GAAP

  ,

  IFRS

  , and

  Solvency II

  reporting
• Experience in an

  insurance industry

  setting is a must

• Big 4 background

  or prior experience in a regulated reporting environment is highly desirable

Preferred Skills & Attributes:

• Strong understanding of reporting controls, reconciliations, and consolidation
• Effective stakeholder management, including offshore-onshore coordination
• Hands-on experience with Oracle Financials or similar ERP systems
• Ability to work under tight deadlines while maintaining accuracy and compliance
• Proactive, detail-oriented, and process-improvement driven mindset

Key words for job sites search:

Experience: 08 to 10 years

Location: NCR (Delhi/Noida or Open to Relocation)

Industry: Insurance, Shared Services, Big 4

Function: External reporting, Regulatory Reporting, IFRS Reporting, Solvency II reporting

Education: CA / ACCA

Employment Type: Full-Time / Permanent

Worked for UK Insurance clients