31 Jul
|
Mastermind Network
|
Faridabad
31 Jul
Mastermind Network
Faridabad
Job DescriptionResponsibilities
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- Regulatory &
• Statutory Reporting – Review and submit periodic financial and regulatory returns to Lloyd's, PRA (UK), NAIC (USA), and other regional regulators (Bermuda, EMEA, Canada)
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- Solvency II Reporting –Review end-to-end Solvency II submissions (QRTs, Pillar 3 reports, balance sheets, own funds, SCR/MCR calculations) ensuring accuracy and compliance
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- Lloyd's &
• Market Returns – Review Lloyd's quarterly, annual, and ad-hoc returns (QMA, QMB, QSR, ASR) ensuring alignment with syndicate reporting timelines and standards
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- Investment &
• Asset Reporting – Provide oversight on investment schedules, valuation data, and asset reconciliations to support regulatory and internal capital reporting requirements.
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- Regulatory Compliance &Governance; – Ensure adherence to regional reporting frameworks and maintain strong internal controls, documentation, and audit readiness.
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- Cross-Functional Collaboration – Partner with actuarial, treasury, finance, and compliance teams to validate data inputs, address queries, and support end-to-end reporting accuracy
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- Process Improvement &
• Automation – Identify opportunities to enhance reporting efficiency through automation, standardization, and improved data governance practices
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- Quality Assurance &
• Controls – Establish and monitor strong control frameworks, review key deliverables, and ensure adherence to accounting standards (IFRS/GAAP) and internal policies
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- Governance &
• Reporting – Drive structured governance through regular reviews, dashboards,
and performance metrics to ensure transparency and control across the RTR value chain
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- Problem Solving &
• IssueResolution – Provide analytical insight, investigate root causes of accounting discrepancies, and implement sustainable corrective actions
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- Stakeholder &
• Client Management – Act as the primary liaison for clients and internal finance leadership, managing expectations, resolving escalations, and driving continuous partnership
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- Team Leadership &
• Capability Building – Manage and mentor the RTR team, fostering a culture of ownership, accuracy, and continuous improvement
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nQualifications
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- CA or MBA
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- Relevant years of experience in managing F&A; RTR Insurance processes
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- Experience in working with an insurance client is must
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nRequired Skills
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- Thorough knowledge of accounting procedures
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- Understanding of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
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- Experience with accounting software, like Oracle, Blackline, etc.
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- Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables)
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- Strong communication skills, with the ability to clearly and succinctly articulate issues to senior management
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- Excellent analytical skills with an attention to detail
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- Self-starter, with ability to work under own initiative
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- Solid time management skills
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- Integrity, with an ability to handle confidential information
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nPreferred Skills
NLondon Market Experience
📌 Technical Accountant (Faridabad)
🏢 Mastermind Network
📍 Faridabad