About Axis Max Life

Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a joint venture between Max Financial Services Limited (“MFSL”) and Axis Bank Limited.

Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery, and a well-trained human capital.

Axis Max Life has been consistently ranked among the best workplaces by the GPTW Institute, reflecting its commitment to creating a positive and empowering work environment.

#ComeAsYouAre LGBTQIA+ and PwD candidates of all ages are encouraged to apply

Job Description:

Cost Management & OPEX Controllership

- Drive the organization‑wide cost management agenda with strong financial discipline and governance.
- Provide end‑to‑end controllership over company‑level OPEX.
- Lead departmental expense reviews, including reconciliation between top‑down budgets and bottom‑up forecasts, in close collaboration with functional heads to ensure timely closure.
- Track and monitor monthly OPEX performance against plan, highlighting variances and corrective actions.
- Provide rolling forecast visibility to enable timely and informed business decisions.
- Lead and support company‑wide cost initiatives across HR, Facilities, Agency, and other functions.
- Drive quality‑led cost initiatives supported by robust weekly governance mechanisms.

Financial Decision‑Making & CBA Governance

- Design and maintain a structured framework for cost management and resource allocation within approved risk parameters.




- Liaise with demand management teams to ensure alignment between business needs and financial priorities.
- Partner with functions to evaluate, challenge, and negotiate the efficacy of Cost‑Benefit Analyses (CBAs).
- Govern the CBA approval process in line with the revised approval grid.
- Provide organization‑wide visibility on accountability for delivery of committed investment advantages.
- Conduct trainings and awareness sessions to strengthen understanding and adoption of the CBA process.
- Perform quarterly sample reviews of self‑approved CBAs to ensure compliance, quality, and benefit realization.

CAPEX Planning & Governance

- Support business teams in prioritizing CAPEX spends and identifying appropriate funding mechanisms.
- Evaluate “give‑gets” for CAPEX proposals and align investments to company strategy, sales plans, and cost‑reduction objectives.
- Track CAPEX on a monthly basis, categorized by projects, and present dashboards tailored for key stakeholders.
- Conduct periodic reconciliations between IT PO‑based CAPEX and “put‑to‑use” CAPEX.
- Lead deep‑dive analyses of leasehold CAPEX to ensure prudence and strategic alignment.

Key Projects & Benefit Realization

- Develop a strong understanding of investment business cases across key initiatives.
- Evaluate give‑gets and trade‑offs for major strategic and cost initiatives.
- Identify and track current issues, including timing‑related and structural/permanent gaps.
- Track, validate, and report benefit realization against approved business cases.
- Review and validate CPT methodology to ensure accuracy and consistency.

Financial & SH Reporting

- Ensure timely, accurate, and insightful financial and SH reporting in line with organizational and regulatory requirements.

State:

Home Office

Branch:

Gurugram HO

Department:

Finance

Function:

Financial Planning and Analysis

Posted On:

08-Apr-2026

📌 Manager - Financial Planning and Analysis (India)
🏢 AxisMaxlife
📍 India