Job Description:
OBJECTIVE OF ROLE:
Implementing the SAP systems in the company from Back office Point of view
KEY RESPONSIBILITIES
- Prior implementation of SAP in Life insurance company either through life insurance or through the consulting side from Big 4s
- Understanding of Bond Securities, GSEC securities and associated systems of that ie CRIBCS, FTRAC , FIMMDA, E-kuber and related systems and dealing with the custodians
- Give investible funds to FO for investments after considering daily UMR/collection, Daily IP's & Redemptions, Pay-in Pay-out for securities etc for Ulip and Non-Ulip Funds.
- Understanding of Market knowledge as far as types of investments as in Bond, GSEC
- Knowledge of all Banking transactions , coordination with Branches, Banking arrangements, Banking negotiations, Relationship Management with varirous department and Banks
- Any new product in the Banking industry to co-ordinate with Banks and ensure that this are run passed through the departments
- Fund accounting
- Performing reconciliations of Holding, Unit and Bank
- Accounting of all the investments done by Front office
- IRDA requirements for the investments function as a whole
- Understanding new types of investment and the manner of valuation, accounting etc
- Sound excel knowledge, investment accounting systems like Mfund, etc
- Audit Co-ordination
- Excellent in excel, word, ppt, macros if any, mindset for automation
REQUIRED QUALIFICATION AND SKILLS
Educational Qualifications: MBA/Post graduation/Relevant work experience/Some one from IT background having knowledge of investments dept in life insurance
Experience - 3 years+
Other skill set:
- Leading Projects
- Knowledge on various systems
- Should have good communication skills and problem solving approach
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