Senior Executive - Finance and Accounts

Tata AIA Life Insurance; Mumbai; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Tata AIA Life Insurance is seeking a Senior Executive – IFRS17 Finance Actuary in Mumbai to bridge actuarial analysis with accounting treatments and ensure transparent financial disclosures.

The role requires CA qualification, progress in actuarial exams, and experience with accounting entries. You will support audits, regulatory submissions, and governance, driving efficiency across finance processes.

Qualifications

• Qualified Chartered Accountant, pursuing actuary.
• Candidate should be appearing for actuarial exams.
• Hands-on experience in accounting entries & impact.
• Good problem-solving skill.
• Strong communication and teamwork abilities.

Responsibilities

• Support development, validation, and maintenance of actuarial valuation models in line with accounting standards (e.g., IFRS 17), ensuring consistency between actuarial outputs and financial statements.
• Collaborate closely with actuarial, finance, and reporting teams to translate valuation results (e.g., BEL, CSM, risk adjustment) into accurate financial reporting, disclosures, and management insights.
• Perform financial reconciliations between actuarial systems and general ledger, ensuring completeness, accuracy, and transparency of reported results.
• Assist in preparation and review of financial statements, actuarial reports, and regulatory submissions, ensuring compliance with accounting policies and governance frameworks.
• Conduct data validation, controls testing, and audit support activities to ensure integrity, traceability, and audit readiness of both actuarial and financial data.
• Analyze financial and actuarial data to identify trends, variances, and key business drivers, supporting forecasting, budgeting, and decision-making processes.
• Drive automation and efficiency improvements across actuarial and finance processes
• Support documentation of methodologies, assumptions, and processes to ensure compliance with internal controls, regulatory standards, and audit requirements.

Skills

Chartered Accountant

Actuary exams

Accounting entries

Problem solving

Communication

Teamwork

Education

Chartered Accountant

Actuarial papers CB1/CB2

Job description

Role Description

Join Tata AIA Life Insurance, a leading and fastest-growing life insurance provider in India, established in 2001 as a joint venture between Tata Sons Pvt. Ltd. and AIA Group Ltd. Our company embodies a legacy of trust, integrity, and excellence, combining Tata's esteemed leadership with AIA's extensive pan-Asian expertise. At Tata AIA, our vision is to be the pre-eminent protection provider enabling dreams and inspiring healthier, happier lives. We foster a culture of innovation, inclusivity, and continuous learning, offering dynamic career growth opportunities and a supportive work environment. Recognized as a 'Great Place to Work' and recipient of the Kincentric Best Employer Award, we are committed to employee satisfaction and holistic well-being. Our core value, 'People - Our Core,' emphasizes our dedication to inspiring our employees to be and deliver their very best. Our aim is to attract, hire and develop highly capable leaders who are just, fair, ethical, and accountable for their actions. We strive to provide our employees with the right training, technology, equipment, resources, and guidance to perform their job effectively. Our promise to you is to provide for a diverse, equitable, and inclusive work environment, where each employee is valued as an individual and treated with respect, care, and compassion. Fuel your future with us, find your wings, and S.O.A.R. – Shape opportunities, Optimize your potential, Accomplish meaningful work, and Reap holistic growth.

Position Title

Senior Executive – IFRS17 Finance Actuary

Department

IND AS Project

Role Summary

We are looking for an Actuary with accounting proficiency. The ideal candidate should be able to contributions bridging actuarial analysis with accounting treatment, ensuring transparency in financial disclosures, supporting audit processes, and driving compliance with evolving standards such as Ind AS 117. Strong analytical abilities, numerical accuracy, and an understanding of financial reporting frameworks are critical to success in this role.

Organizational Relationships

Reports To

SM – Ind AS Project

Supervises

N/A

Geographic Area Covered

N/A

Stakeholders Internal

IFRS 17 Team

Stakeholders External

Ind AS Project, Finance

Key Result Areas

• Support development, validation, and maintenance of actuarial valuation models in line with accounting standards (e.g., IFRS 17), ensuring consistency between actuarial outputs and financial statements.
• Collaborate closely with actuarial, finance, and reporting teams to translate valuation results (e.g., BEL, CSM, risk adjustment) into accurate financial reporting, disclosures, and management insights.
• Perform financial reconciliations between actuarial systems and general ledger, ensuring completeness, accuracy, and transparency of reported results.
• Assist in preparation and review of financial statements, actuarial reports, and regulatory submissions, ensuring compliance with accounting policies and governance frameworks.
• Conduct data validation, controls testing, and audit support activities to ensure integrity, traceability, and audit readiness of both actuarial and financial data.
• Analyze financial and actuarial data to identify trends, variances, and key business drivers, supporting forecasting, budgeting, and decision-making processes.
• Drive automation and efficiency improvements across actuarial and finance processes
• Support documentation of methodologies, assumptions, and processes to ensure compliance with internal controls, regulatory standards, and audit requirements.

Skills Required

• Qualified Chartered Accountant, pursuing actuary.
• Candidate should be appearing for actuarial exams.
• Hands-on experience in accounting entries & impact.
• Good problem-solving skill.
• Strong communication and teamwork abilities.

Incumbent Characteristics

• Essential
• Desired

Qualification

• Chartered Accountant
• Any 2 Actuarial papers (from CB1, CB2, CM1, CS1)

Experience

• 0-3 years of experience in Actuarial and / or Accounting.

Disclaimer

Tata AIA Life Insurance does not charge any fees from candidates during the hiring process. Verify job offers through official Tata AIA communication channels to avoid fraud. The job description is the sole property of Tata AIA Life Insurance. The content of this JD is confidential, and unauthorized changes or reproduction are forbidden.