Aditya Birla Group | Assistant Manager

Responsibilities

• The role is responsible for understanding the requirement and identifying parameters to be finalized for preparing reports to be submitted to IRDA.
• It is also responsible for liaisoning with auditors to resolve their queries to ensure smooth audit closure.
• To ensure that all premium and service tax are accurately accounted for.
• Ensuring all the re-class entries are correctly uploaded in the system and analyzing the impact of the same on other processes.
• Preparing and analyzing PDC data sent to Actuarial which forms the basis of Actual Liabilities on every month end.
• Ensuring Reinsurance Premium and claims are accurately booked and timely disbursed and service tax there on is correctly booked.
• Checking of the charges prepared segment wise and fund wise.
• Preparation of various recons (CS Recon, FFA and PD) and analyzing the movement month on month.
• Checking the various data sent to other teams (planning, group ops, internal audit).
• Timely preparation of Regulatory Reporting and support in Audit.
• Checking all the monthly, quarterly, yearly and life council reports sent to IRDA.
• Defining the logic and checking all the Adhoc reports as and when required by regulator.
• Ensure readiness of the team to meet any Adhoc reporting requirement from IRDA within a reasonable time by building data framework in BO.
• Ensuring that all the auditors requirement are timely provided and satisfactory resolution is provided to them for all the queries raised.
• Liasoning with various departments for ensuring timely submission of IRDA reports and smooth closure of audit queries.
• Facilitate Product Testing and enhancements.
• Obtain understanding of all the new Products and ensure accurate testing of the same is done on timely basis.
• Understanding the new enhancements initiated by various teams and analyzing the impact on our processes on timely basis.
• Educating other team members on various aspects of Ingenium, Premium accounting and related functionality.
• Identifying areas where automation can be done to increase the efficiency and accuracy.
• Ensuring all the issues cropped up are permanently resolved.

Requirements

• Understanding of the business process and checking the User Acceptance Test (UAT) of all the enhancements and products.

Aditya Birla Group

The Aditya Birla Group is one of India's largest business groups. Its companies work in metals (Hindalco and Novelis), cement (UltraTech), cellulosic fibres, chemicals and paints (Grasim), financial services (Aditya Birla Capital), fashion and retail, renewables and telecom. The group is chaired by Kumar Mangalam Birla.

Each group company runs its own finance and accounts function. That creates openings in plant and business-unit accounting, costing and MIS, taxation, treasury, internal audit and company secretarial work, across corporate offices and manufacturing locations.

• Industry: Diversified conglomerate
• Headquarters: Mumbai, India
• In India: Group companies and plants across India
• Hiring unit: AB Sun Life Insurance Co Ltd
• Group business: Financial Services