AVP, Annuity Reporting Accountant

Prudential UK Services; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Benefits offered by this job

Restaurant

Job summary

M&G India, the strategic innovation and digital hub for M&G, with offices in Mumbai and Pune, seeks an accounting professional to own end-to-end accounting and reporting for the allocated product. You will translate product design, actuarial outputs and operating model changes into clear accounting requirements, process maps and delivery plans.

You will maintain robust documentation and partner with business and technology teams to embed sustainable business-as-usual processes, ensuring timely

Responsibilities

• Own the end-to-end accounting and reporting requirements for the allocated product, from source data through journals, reconciliations, disclosures and management information.
• Translate product design, actuarial outputs and operating model changes into clear accounting requirements, process maps, controls and delivery plans.
• Prepare and review reporting outputs, balance sheet substantiation and supporting analysis in line with the agreed reporting timetable.
• Design and operate reconciliations between administration, investment, actuarial and general ledger data, investigating and resolving breaks promptly.
• Support testing, dress rehearsals, implementation and post-launch stabilisation, with clear defect, issue and decision tracking.
• Maintain robust documentation, including accounting papers, procedures, control evidence, data lineage and handover materials.
• Partner with business and technology teams to reduce manual intervention and embed sustainable business-as-usual processes.

Job description

About M&G India

We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.

Our teams work closely with colleagues across the Group worldwide to drive transformation, build digital capability, and support sustainable growth. By leveraging technology, AI, automation, and process excellence, we bring new ways of thinking to improve outcomes for both customers and colleagues.

Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.

About M&G

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

• Own the end-to-end accounting and reporting requirements for the allocated product, from source data through journals, reconciliations, disclosures and management information.
• Translate product design, actuarial outputs and operating model changes into clear accounting requirements, process maps, controls and delivery plans.
• Prepare and review reporting outputs, balance sheet substantiation and supporting analysis in line with the agreed reporting timetable.
• Design and operate reconciliations between administration, investment, actuarial and general ledger data, investigating and resolving breaks promptly.
• Support testing, dress rehearsals, implementation and post-launch stabilisation, with clear defect, issue and decision tracking.
• Maintain robust documentation, including accounting papers, procedures, control evidence, data lineage and handover materials.
• Partner with business and technology teams to reduce manual intervention and embed sustainable business-as-usual processes.

Escalate material risks, control weaknesses, data quality issues and delivery dependencies through the agreed governance routes.

We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.