Senior Manager

Position Title, Responsibility Level

Function

Reports to

Permanent/ Temporary

Permanent

Span of Control

15+ members

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
• Slice and dice premiums, claims and expenses (acquisition costs, commissions, brokerage etc) on the basis of location of risks, dominium’s limits for materiality levels Leadership and development of staff
• 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
• Ability to carve out data at account level, BS classification level from the ledgers and at a policy/ portfolio level from the regulatory data marts
• Analytical ability to correct mappings/ referencing tables between various GAAP and regulatory regimes
  

Primary Internal Interactions

• AVP/VP for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support
• AVP/VP for the purpose of settling issues left unresolved by the Assistant AVP/VP 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
  

Organizational Relationships

Reports To : Supervises : 15+ members

Skills

Technical Skills

• CA/CPA/MBA/Post-Graduate in Finance with 9+ years of experience in Financial Accounting & Regulatory Reporting
• Experience in Regulatory reporting for than 7-10 years.
  

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

• CA/CPA/MBA/Post-Graduate with strong practical experience in reporting for more than 10 - 12 years
• CA/CPA/MBA/Post-Graduate in Finance with 9+ years of experience in Financial Reporting and SOLVENCY II Reporting.