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 workplace.

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

: KEY RESPONSIBILITIES:

Ü Accounting of Investment Entries/Fund Accounting –

- Manage Integration of SAP system and Sun system codes/ oracle
- Ensure that accurate accounting entries are correctly passed in oracle

Ü NAV Computation in Excel and SAP –

- Accounting of deals for the day in SAP system
- Verification of daily Interest Accruals and daily amortisation
- Tracking of Corporate actions
- Updation of Mutual Fund, Equity, G-Sec, Bond prices in SAP system
- Calculation of Fund Management Charges and Payout of the same
- Trade Settlement – Equity and Debt
- Valuation of Bonds through Crisil Bond Valuer




- Calculation and declaration of accurate NAV post confirmation from concurrent auditors
- Calculation of Net Asset Value in Excel and checking the same with SAP

Ü Controls and reconciliations -

- Custodian and Holding reconciliation on a daily basis
- Ensure Clean Bank reconciliation statements
- STP reconciliation and approval

Ü Managing Audits – Conducting Concurrent Auditors and Statutory Auditors by providing timely data and ensuring successful completion of the same. System Audits

Ü Internal/Management/Statutory reporting – Providing reports to management as and when required

MEASURES OF SUCCESS:

Ü Accurate Accounting of investment entries in Oracle and timely reconciliation of books of accounts

Ü Timely and accurately calculation and release of NAV

Ü Timely submission of reports in line with regulatory and management requirements

Ü No issues in concurrent audit/ IRMS audit

JOB REQUIREMENTS

MINIMUM EDUCATION:

Ü CA / MBA Finance

MINIMUM EXPERIENCE:

Ü 3-4 years of relevant experience post qualification.

Ü Experience of having worked in the Financial Sectors like broking firm, Mutual Fund Industry etc, and managing an investment back office will be preferred.

State: Home Office

Branch: Gurugram HO

Department: Finance

Function: Finance - Investments (Back Office)

Posted On: 23-Jul-2026

📌 Assistant Manager - Investments Back Office (India)
🏢 AxisMaxlife
📍 India