Role description A.Position Overview Position Title Executive Department Financial Planning Level/ Band 201 - Executive Role Summary: -Approval of Business cases/EJDs -Profitability assessment -Distribution Finance Support -Management Reporting & Analysis B.Organizational Relationships Reports To Manager/Senior Manager-Finance and Accounts Supervises - Job Dimensions Geographic Area Covered PAN India Stakeholders Internal Information Technology, Operations-all teams, Finance, Premier Academy (Training), Marketing, Agency Channel, Partnership Distribution Stakeholders External C.Key Result Areas Approval of Business cases/EJDs .Assist in decision making related to approval of Business cases/EJDs taking into account all relevant aspects and their impact on business. AIA reporting .Review Quick Report (due on 3rd working day) and Long report (due on 10th working day) on monthly and quarterly basis GOE Budget Roll out .Ensure timely roll out of Annual GOE budgets to all the departments post approval of Business Plan from the Board of Directors Business Planning .Revenue Planning, Cost Planning, Target KPI's, Business planning workings and presentation and overall approval Expense Allocations .Review and analyze the expense allocation on a month-on-month basis and ensure circulation within 1 working day from closure of expenses. .Constantly work towards improvement of allocation methods and revisit assumptions around drivers/channels/LOBs





Channel Allocations: Prepare channel wise allocations on a MOM basis required for long report. Distribution finance support .Review the products, RnR initiatives, product mix, profitability by channels and provide recommendations D.Skills Required Technical .Thorough understanding of Finance and Accounts functions/systems .Recommended to have knowledge on insurance processes Behavioral Essential Desired Interpersonal skills . Communication skills .

Creative thinking skills . Supervising/Leadership skills .

Teamwork

Skills . Influencing skills .

Relationship

Building skills . Decision making skills . E.Incumbent Characteristics Essential Desired Qualification Graduate Experience 1.0-1years of experience in Finance & Accounts 2.Valuable knowledge of MS Office and web-based applications 3.Fair level of analytical skills and logical reasoning Disclaimer:

Tata AIA Life Insurance does not charge any fees from candidates during the hiring process. If the application aligns with our requirements, you may be contacted for further steps. Verify job offers through official Tata AIA communication channels to avoid fraud. The is the sole property of Tata AIA Life Insurance. The content of this JD is confidential, and unauthorized changes or reproduction are forbidden. To know more about Tata AIA Life, click on the weblink:

📌 Executive - Financial Planning and Analysis (Mumbai)
🏢 Tata AIA Life
📍 Mumbai