Mumbai, MH, IN
Deputy Finance Manager
Deputy Finance Manager
Are you a finance professional with exceptional analytical skills and a passion for the insuranceindustry? Join our dynamic team in Mumbai where you'll play a pivotal role in shaping financialstrategies and ensuring regulatory compliance. This opportunity offers you the chance to leverageyour expertise in a collaborative environment that values innovation, analytical thinking, andprofessional growth.
About the Role
As a Deputy Finance Manager at our India Branch in Mumbai, you'll be at the intersection offinancial reporting, regulatory compliance, and strategic decision-making. You'll work with cross-functional teams to drive financial excellence and contribute to the organization's growth in theevolving insurance landscape.
Key Responsibilities
Lead financial reporting
processes in compliance with IRDAI regulations, includingpreparation and review of statutory returns such as Solvency and Investment returns
Drive process improvements
by independently and collaboratively creating, modifying, orenhancing financial workflows and methodologies
Strengthen internal controls
that impact financial reporting quality and regulatorycompliance
Implement and monitor
new financial reporting developments including IFRS 17/Ind AS 117and Risk-Based Capital reporting
Analyze regulatory changes
and assess their financial implications for the organization
Facilitate cross-functional collaboration
to ensure smooth delivery and alignment acrossteams
Develop and present
financial insights to stakeholders using advanced analytics tools
About the Team
Our Finance team is a cornerstone of our operations in India, providing critical insights andensuring regulatory compliance while supporting business growth. The team works collaborativelyacross functions to drive financial excellence and strategic decision-making throughout theorganization.
About You
You're a detail-oriented finance professional with strong analytical skills and a collaborativemindset. You thrive in dynamic environments and enjoy solving complex problems. Your excellentcommunication skills enable you to translate financial concepts effectively to various
stakeholders, and you're passionate about staying current with evolving regulatory requirementsin the insurance sector.
We are looking for candidates who meet these requirements:
Professional qualification as a CA, CWA, or CS with any graduate degree
Minimum 5 years of experience in finance functions, preferably within the insuranceindustry (General Insurance/Life Insurance/Reinsurance)
Strong working knowledge of MS Excel and PowerPoint
Experience with accounting, MIS, management reporting, financial reporting, and financialplanning & analysis
Demonstrated understanding of insurance financials under IRDAI regulations, includinghands-on familiarity with statutory returns
Knowledge of IFRS 17/Ind AS 117 implementation
Familiarity with Risk-Based Capital (RBC) reporting as prescribed by IRDAI
These are additional nice to haves:
Experience with AI-based tools for financial analysis, automation, and data interpretation
Experience in process improvement initiatives
Background in strengthening Internal Financial Controls (IFC)
Our company has a hybrid work model where the expectation is that you will be in the office atleast three days per week
Diversity & Inclusion
Swiss Re is an equal opportunity employer and is committed to fostering an inclusive culturewhere everyone can thrive. We value diverse perspectives and do not discriminate
About Swiss Re
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Reference Code: 137322
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