Role & responsibilities

1. Financial Planning & Forecasting

- Lead the preparation of annual business plans, quarterly forecasts, and long-range strategic plans.
- Consolidate inputs from distribution, actuarial, investments, operations, and product teams.
- Build and maintain financial models to analyse revenue, costs, profitability, and capital requirements.
- Assess impact of new products, reinsurance, pricing changes, and regulatory changes (e.g., GST, IRDAI norms).

2. Business Performance Management

- Track monthly business performance including key KPIs such as APE/ANP, VNB, persistency, claims ratios, investment income, opex, commission expenses, productivity metrics.
- Analyse variance vs budget, forecast, and prior year; highlight risks and opportunities.
- Produce MIS dashboards, management presentations, and insights for senior leadership.
- Support board and investor reporting cycles.

3. Profitability & Product Economics

- Evaluate product/channel profitability with inputs from actuarial and finance teams.
- Analyse cost-to-income, contribution margins, expense overrun, and acquisition cost trends.
- Support VNB, NBM, EV analysis in coordination with the actuarial function (where applicable).

4. Cost Management & Productivity

- Monitor operating expenses, manpower costs, and functional budgets.
- Identify efficiency opportunities across distribution, operations, technology, and support functions.
- Drive cost optimization projects and track savings initiatives.

5. Capital & Solvency Analysis





- Support solvency monitoring, capital requirement planning, and stress/scenario analysis.
- Assess financial implications of capital infusion, dividend decisions, and policy changes.
- Liaise with actuarial for solvency movements and risk-based capital metrics.

6. Cross-Functional Business Partnering

- Work closely with distribution, actuarial, treasury, product, investments, operations, and IT teams to support strategic decisions.
- Provide analytical insights for pricing, channel incentives, new initiatives, digital programs, and operational changes.

7. Governance, Compliance & Reporting

- Ensure adherence to IRDAI guidelines, accounting standards, internal controls, and audit requirements.
- Support internal and external audits for planning and financial analytics.
- Maintain data quality, integrity, and accuracy in all FP&A; outputs.

Required Skills & Competencies

- Strong analytical and modelling skills (Excel, financial modelling, Power BI/Tableau preferred).
- Deep understanding of life insurance P&L;, statutory reporting, and actuarial metrics.
- Ability to interpret financial statements, regulatory guidelines, and management information.
- High attention to detail with strong problem-solving abilities.
- Excellent communication and presentation skills for senior stakeholders.
- Ability to work in fast-paced environments with tight timelines.
- Robust business acumen, commercial thinking, and strategic orientation.

📌 Financial Planning (Hyderabad)
🏢 Shriram Life Insurance
📍 Hyderabad