Head Global (Re)Insurance A&R Bangalore

About the role:

• Continue leading the transition of offshore operations to the Accounting Hub in Bangalore and change management support as we evolve into the world of IFRS
• Lead the responsibilities for the Global (Re)Insurance A&R teams in Bangalore (IGR, PER Controlling, Subledger Processing and Subledger Controlling); challenge teams to achieve a high-performance level. Provide leadership as well as content support to the team leads and team members as necessary
• Willingness to challenge status quo processes and desire to implement process improvements, enforcing an environment with uncompromising controls
• Responsible for day-to-day implementation of and ensuring that overarching control structure minimizes risk across team, challenging and leading team members for ongoing enhancements to control structure
• Assumption of additional projected-related responsibilities as well as ad-hoc requests from internal clients
• Serve as primary contact for the Global (Re)Insurance A&R Co-heads to handle cross-functional queries, quality control, escalation process, etc.
• Fostering an environment of high collaboration and communication
• Implementation and ongoing assessment of staffing model, ensuring balance in workload distribution across team
• Continuous coaching (formal / informal) across team

About the team:

The Global (Re)Insurance Accounting & Reporting department in Group Finance is responsible for the close process and financial reporting of both Life & Health as well as Property and Casualty business. It covers all accounting bases - US GAAP, Statutory, Economic Value Management (EVM) as well as IFRS - and consists of units taking care of Intragroup retrocessions (IGR), external retrocessions, traditional business, subledger controlling and processing.

As Head Global (Re)Insurance A&R Bangalore Hub, you will have  direct reports each with a sizeable team. You will report directly to the Head Group Finance Bangalore Hub with dotted line to the Co-Heads Global (Re)Insurance A&R based in Zurich. Together with your team, you are responsible of ensuring both organizational support and content ownership of the activities in Global (Re)Insurance A&R carried out from Bangalore.  You will decide and act with a degree of autonomy in practice areas with the delegated authorities.

About you:

• Post graduate in Finance/ Statistics / Mathematics / Actuarial / MBA is preferred
• A minimum of 12+ years' work experience in a Finance, Actuarial or Controlling area with a main focus on Financial Reporting for valuations
• Knowledge and working experience with IFRS a plus
• Experience working with European companies and familiarity with European business practices and culture a plus
• Knowledge of Insurance or Reinsurance industry a plus
• Excellent leadership and analytical skills with the ability to deliver quality output with short deadlines and manages details without losing the sight of the big picture
• Demonstrated ability to communicate effectively at the management level and lead meetings efficiently; experience working in a highly professional and international environment
• Ability to develop and cultivate relationships with local cross-functional business partners and global business partners
• Strong coaching and mentoring skills
• Strong relationship building skill set
• Fluent in English (any other European language a plus)