Assistant Manager
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Job Summary
The role is responsible for understanding the requirement and identifying parameters to be finalized for preparing reports to be submitted to IRDA. It plays a role laying the framework to perform product/system enhancement testing at any given point. It is also responsible for liaisoning with auditors to resolve their queries to ensure smooth audit closure.
Job Context: The role is responsible for understanding the requirement and identifying parameters to be finalized for preparing reports to be submitted to IRDA. It plays a role laying the framework to perform product/system enhancement testing at any given point. It is also responsible for liaisoning with auditors to resolve their queries to ensure smooth audit closure.
Job Challenges: In a changing regulatory framework ensuring relevant regulatory compliances and timely submission of IRDA Reports are done in accurate and timely manner.
With the change in the nature of business carried out by company ensuring that the accounting for the same is correctly performed.
Understanding of the business process and checking the User Acceptance Test (UAT) of all the enhancements and products.
| KRA (Accountabilities) (Max 1325 Characters) | Supporting Actions (Max 1325 Characters) | |
|---|---|---|
| KRA1 | Technical Accounts Operation | ensure that all premium and service tax are accurately accounted for. all the re-class entries are correctly uploaded in the system and analyzing the impact of the same on other processes. and analyzing PDC data sent to Actuarial which forms the basis of Actual Liabilities on every month end. Reinsurance Premium and claims are accurately booked and timely disbursed and service tax there on is correctly booked. of the charges prepared segment wise and fund wise. of various recons (CS Recon FFA and PD) and analyzing the movement month on month. the various data sent to other teams (planning group ops internal audit) |
| KRA2 | Timely preparation of Regulatory Reporting and support in Audit | all the monthly quarterly yearly and life council reports sent to IRDA the logic and checking all the Adhoc reports as and when required by regulator. readiness of the team to meet any Adhoc reporting requirement from IRDA within a reasonable time by building data framework in BO. that all the auditors requirement are timely provided and satisfactory resolution is provided to them for all the queries raised. with various departments for ensuring timely submission of IRDA reports and smooth closure of audit queries. |
| KRA3 | Facilitate Product Testing and enhancements | understanding of all the new Products and ensure accurate testing of the same is done on timely basis. 2. Understanding the new enhancements initiated by various teams and analyzing the impact on our processes on timely basis. other team members on various aspects of Ingenium Premium accounting and related functionality. |
| KRA4 | Special Project | areas where automation can be done to increase the efficiency and accuracy. all the issues cropped up are permanently resolved. |
Required Experience:
Manager
About Company
Discover a world of financial solutions at Aditya Birla Capital – your trusted partner for investments, insurance, loans, and a wide range of financial services in India.
