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

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Job Code : Date of Posting :

Position AVP

No. of Positions

1

Department Financial Reporting Function Finance

Reporting to VP Band 3

Location Gurgaon - Home Office DLF Sq Team Size 4 to 6

Key Responsibilities/ Key Deliverables:

Financial Reporting & Accounting

- Lead preparation and review of quarterly and annual financial statements in accordance with I GAAP and applicable regulatory requirements.

- Ensure timely completion of monthly, quarterly, and annual financial closing activities.

- Monthly financial review with CFO.

- Co-ordinate with promoters and provide the requisite details as and when required.

- Prepare accounting position papers and technical accounting memos for complex transactions.

- Assess the impact of new accounting standards,



accounting guidance, and regulatory updates.

- Support in implementation of Ind AS 117/ Ind AS reporting.

Regulatory & Management Reporting

- Prepare and review financial information required for Board, Audit Committee, Senior Management and regulatory submissions.

- Coordinate with various stakeholders to ensure completeness and accuracy of financial reporting.

- Support implementation and monitoring of Internal Financial Controls (IFC) and governance processes.

Audit Management

- Act as the primary finance contact for statutory, internal, and regulatory audits.

- Coordinate audit requirements and provide timely resolution of audit queries.

- Drive closure of audit observations and implementation of corrective actions.

Process Improvement & Automation

- Identify opportunities for process improvements and automation in financial reporting.

- Participate in finance transformation, system implementation, and reporting enhancement projects.

- Work closely with IT, actuarial, investment, and business teams on reporting initiatives.

Team Management

- Guide and mentor team members.

- Monitor deliverables and ensure adherence to reporting timelines and quality standards.





- Foster a culture of accountability, collaboration, and continuous improvement.

Measure of Success:

- Timely closure of monthly, quarterly, and annual books as per agreed timelines.

- Accurate and timely reporting to Audit Committee/Board.

- 100% compliance with regulatory and internal reporting requirements.

- Ensure no exception in audits.

- Effective stakeholder management.

- Strong employee engagement and collaboration.

- No significant control failures attributable to the reporting function.

- Timely implementation of project as per project plan.

- Identification of automation & process simplification opportunity and implement those opportunities successfully.

Desired qualifications and experience:

- Chartered Accountant with atleast 15+ years of relevant experience post qualification

Knowledge and skills required:

- Life Insurance experience in Financial Reporting

- Positive knowledge of I GAAP, IND AS, Accounting practices & standards, SEBI and IRDAI regulations

- Experience in handling external auditors, consultants, and regulatory authorities.

- Project management experience - Successfully implemented various significant projects at organization level

- Ability to manage multiple priorities under tight deadlines.

- High level of ownership and attention to detail.

- Leadership and team management capability.

State: Home Office

Branch: Gurugram HO

Department: Finance

Function: Finance - Financial Reporting

Posted On: 14-Oct-2026

📌 Assistant Vice President - Financial Reporting (India)
🏢 AxisMaxlife
📍 India