Hello All, Greetings from ZettaMine!!!

Job Title: Business Analyst – Life Insurance Finance & Accounting

Location: Mumbai (Vile Parle)

Years of Experience: 8 – 12 Years

Notice Period: Immediate Joiners Detailed JD

Key Responsibilities

Develop a deep functional understanding of Finance & Accounting processes in the Life Insurance domain, with a strong focus on Indian Accounting Standards (IND AS) implementation, including IND AS 117 / IFRS 17 alignment where applicable.

Understand the end-to-end insurance value chain and its impact on financial reporting, including policy lifecycle, revenue recognition, liabilities, and reserves.

Work closely with finance teams, actuaries, consultants, and business stakeholders to capture accounting and reporting requirements clearly and accurately.

Translate business and accounting requirements into functional specifications, process flows, and system requirements.

Map financial and accounting requirements to source systems, data entities, and reporting structures.

Collaborate with data modelling, ETL, reporting, and technology teams to ensure accurate implementation of IND AS-related requirements.

Guide technical teams to ensure financial data models (LDM/PDM) reflect accounting rules, reporting hierarchies, and compliance requirements.

Drive functional design deliverables, including Business Requirement Documents (BRDs), Functional Specification Documents (FSDs), prototypes, reconciliation frameworks, and test scenarios.

Support financial data validation, reconciliation, and reporting accuracy during implementation.

Lead and manage stakeholder discussions, workshops,



and reviews with client teams across Finance, IT, and Business.

Ensure adherence to IRDAI regulatory guidelines and IND AS reporting standards.

Perform gap analysis between existing GAAP systems and IND AS requirements and recommend appropriate solutions.

Support User Acceptance Testing (UAT), validation cycles, and audit readiness for accounting implementations.

Maintain comprehensive documentation and ensure baseline and sign-off of all functional deliverables.

Required Skills & Expertise

10+ years of experience as a Business Analyst in the Life Insurance domain.

Strong expertise in Finance & Accounting processes within Insurance, including Financial Reporting, General Ledger (GL), Sub-ledgers, and Reconciliation.

Hands-on experience in IND AS / IFRS 17 implementation programs within the Insurance sector.

In-depth knowledge of IRDAI regulatory guidelines and reporting requirements.

Strong understanding of financial data structures, data models, and reporting frameworks.

Ability to translate accounting requirements into functional and system-level specifications.

Experience working with Data Warehousing, ETL processes, and Reporting systems.

Familiarity with Teradata FSDM / FSAS models is preferred.

Working knowledge of SQL for data analysis, reconciliation, and validation.

Excellent stakeholder management and communication skills.

Proven ability to lead discussions, drive project closures, and manage cross-functional teams.

Robust analytical, problem-solving, and documentation skills. Interested candidates kindly share your updated CV to [email protected] or WhatsApp to (phone hidden). Thanks & Regards,

Aruna.M

📌 Business Analyst – Life Insurance Finance & Accounting (Mumbai)
🏢 ZettaMine Labs
📍 Mumbai