AVP - CDI& Reporting Accountant

Prudential Distribution Ltd; Mumbai; On-site; INR 800,000 - 1,100,000; Full time

Job summary

M&G India, the strategic innovation and digital hub for M&G, is seeking an AVP-level CDI+ Reporting Accountant in Mumbai within the Life Financial Reporting function. The role covers end-to-end accounting for CDI+ and Life products with a focus on accurate, timely reporting and robust controls.

The successful candidate will work with Finance, Actuarial, Investment Operations, Technology, Tax and product teams, translating actuarial requirements into practical accounting processes and

Qualifications

• Experience in life insurance financial reporting.
• Knowledge of IFRS 17 and Solvency II desirable.
• Ability to translate actuarial requirements into accounting processes.

Responsibilities

• Develop and operate the finance reporting framework for CDI+ and Life products.
• Own end-to-end accounting activities from source data to disclosures.
• Ensure accurate, timely balance-sheet reporting with audit trails.
• Collaborate with Finance, Actuarial, Investment Operations, Technology, Tax and product teams.
• Identify opportunities to automate manual activities while maintaining controls.
• Maintain documentation, data lineage, control evidence, procedures and handovers.

Skills

Financial reporting

Reconciliation

Analytical skills

Stakeholder management

Problem solving

Education

Qualified or part-qualified accountant

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.

• This is an AVP-level CDI+ Reporting Accountant role based in Mumbai within the Life Financial Reporting function.
• The role is responsible for developing and operating the finance reporting framework for CDI+ and related Life products.
• It includes end-to-end ownership of accounting activities, from source data and journals through to reconciliations and disclosures.
• A key focus is ensuring accurate, timely, and well-controlled balance-sheet reporting with clear audit trails.
• The individual will work closely with Finance, Actuarial, Investment Operations, Technology, Tax, and product teams.
• They will translate product and actuarial requirements into practical accounting processes, controls, and reporting deliverables.
• The role will also support testing, implementation, issue resolution, post-launch stabilisation, and transition into business as usual.
• Maintaining robust documentation, data lineage, control evidence, procedures, and handover materials will be important.
• The successful candidate will identify opportunities to simplify and automate manual activities without weakening controls.
• Applicants should have strong financial reporting, reconciliation, analytical, stakeholder-management, and problem-solving skills.
• A qualified or part-qualified accountant, or someone with equivalent insurance financial-control experience, would be preferred.
• Experience in life insurance, IFRS 17, Solvency II, finance transformation, or new-product implementation would be advantageous.

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.