Role description

A.Position Overview

Position Title

Finance Trainee

Department

Finance & Accounts

Level/ Band

202/Executive

Role Summary:

We are looking for an Actuary with accounting proficiency. The ideal candidate should be able to contributions bridging actuarial analysis with accounting treatment, ensuring transparency in financial disclosures, supporting audit processes, and driving compliance with evolving standards such as Ind AS 117. Solid analytical abilities, numerical accuracy, and an understanding of financial reporting frameworks are critical to success in this role.

Organizational Relationships

Reports To

Ind AS Project Lead

Supervises

N/A

Job Dimensions

Geographic Area Covered

N/A

Stakeholders Internal

Ind AS Team

Stakeholders External

Ind AS Project, Finance

B.Key Result Areas

Ensure Timely, Logical Development with Accuracy

.Support development, validation, and maintenance of actuarial valuation models in line with accounting standards (e.g., IFRS 17), ensuring consistency between actuarial outputs and financial statements.

.Collaborate closely with actuarial, finance, and reporting teams to translate valuation results (e.g., BEL, CSM, risk adjustment) into accurate financial reporting, disclosures, and management insights.

.Perform financial reconciliations between actuarial systems and general ledger, ensuring completeness, accuracy, and transparency of reported results.

.Assist in preparation and review of financial statements, actuarial reports, and regulatory submissions, ensuring compliance with accounting policies and governance frameworks.





.Conduct data validation, controls testing, and audit support activities to ensure integrity, traceability, and audit readiness of both actuarial and financial data.

.Analyze financial and actuarial data to identify trends, variances, and key business drivers, supporting forecasting, budgeting, and decision-making processes.

.Drive automation and efficiency improvements across actuarial and finance processes

.Support documentation of methodologies, assumptions, and processes to ensure compliance with internal controls, regulatory standards, and audit requirements.

C.Skills Required

Technical

.Advanced MS Excel

.Statistical & Analytical Skills

.SQL/Python Basics

Essential

Desired

Interpersonal skills

.

Communication skills

.

Creative thinking skills

.

Supervising / Leadership skills

.

Teamwork Skills

.

Influencing skills

.

Relationship Building skills

.

Decision making skills

.

Language Skills

English, Hindi & Local language

D.Incumbent Characteristics

Essential

Desired

Qualification

.Graduate

.Any 2 Actuarial papers

CB1, CB2, CM1, CS1

Experience

NA

Internships

Disclaimer:
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📌 Finance Trainee (Mumbai)
🏢 Tata AIA Life
📍 Mumbai