Deputy Manager - Financial Planning & Accounting - General Insurance - CA

Looking for Deputy Manager - Financial Planning & Accounting

Industry - General Insurance only

The purpose of role is Financial Planning & Accounting

Main Responsibility:

1.Regulatory Reporting (IRDA Compliance)

- Managing Business MIS covering both internal MIS and IRDAI/IIB reporting across premium, claims and other functions.

- To network with industry and other players for nurturing business intelligence in financial domain.

- Accurate, timely and up-to-date submission of various statutory reports - IRDAI, GIC, IIB.

- Ensuring proactive actions in line with changes in the regulatory framework (For e.g. changes in the EOM regulations.)

2.Technical Excellence Monitoring:

- Managing GARO reporting pertaining to various reporting - ICT, Claims QBR, Fastboard etc

- Monitoring the claims ratios at LOB level and engaging various stakeholders to optimize the portfolio performance.

- Loss ratios needs to be reviewed at detailed level - Vehicle type/ branch / state with new/ existing/ rollover business etc to meet Plan target defined for the year.

- Monitoring various NFI KPI's and reporting pertaining to the same.

3.Process Improvement and Efficiency:

- Drive cost initiatives across the Company continuously to optimize costs.

- Actively participate in business decisions and Cost Benefit Analysis to optimize costs at the point of commitment.

- To proactively work with stakeholder to provide solution for ease of business in both collection and payment areas

- Identifying opportunities for standardization, transformation and automation of financial processes, practices, and services to maximize effectiveness and efficiency. Qualification and Experience Requirement

Education: MBA / CA with 2- 6 years' experience from Insurance Industry is must