Senior Manager – Insurance Accounting – CA M Corp

The Corporate Institute; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

The Corporate Institute in Mumbai seeks a Chartered Accountant with 2–3 years PQE to manage financial closings, regulatory filings, and audit collaboration. The role focuses on insurance accounting practices, precision in reporting, and process improvements within an on-site Mumbai environment.

You will mentor junior staff, analyze variances against budgets, and ensure adherence to IRDAI guidelines while delivering clear, senior-level financial insights for leadership.

Qualifications

• CA with 2–3 years post-qualification experience in a fast-paced accounting environment.
• Experience in financial reporting and insurance/regulatory standards.
• Ability to interpret complex regulatory frameworks and deliver concise senior-level reports.

Responsibilities

• Manage monthly, quarterly, and annual financial closing for timely reporting.
• Oversee reconciliation of insurance accounts including premiums, claims reserves, and reinsurance settlements.
• Lead preparation of statutory financial statements and regulatory filings per IRDAI guidelines.
• Coordinate with internal and external auditors to facilitate audits and implement process improvements.
• Analyze variances against budgets and forecasts for leadership support.
• Mentor junior team members and streamline accounting workflows for efficiency.

Skills

Financial reporting

Regulatory compliance

Analytical mindset

Interpersonal communication

CA 2-3 yrs post-qualification

Education

Chartered Accountant (CA)

Job description

Key Responsibilities:

• Manage the monthly, quarterly, and annual financial closing processes to ensure accurate and timely reporting for management and regulatory bodies.
• Oversee the reconciliation of complex insurance-specific accounts, including premium income, claims reserves, and reinsurance settlements, to maintain ledger integrity.
• Lead the preparation of statutory financial statements and regulatory filings, ensuring full adherence to IRDAI guidelines and relevant accounting standards.
• Collaborate with internal and external auditors to facilitate seamless audits, addressing queries and implementing process improvements based on audit findings.
• Analyze variances in financial performance against budgets and forecasts, providing clear explanations to leadership to support informed business planning.
• Mentor junior team members and streamline accounting workflows to enhance operational efficiency and data accuracy across the finance function.

Required Skillset:

• Demonstrated expertise in financial reporting and general accounting principles, specifically within the insurance or financial services sector.
• Proven ability to interpret and apply complex regulatory frameworks and accounting standards to ensure organizational compliance.
• Strong analytical mindset with the ability to synthesize large datasets into concise, high-level reports for senior stakeholders.
• Exceptional interpersonal and communication skills, enabling effective collaboration with diverse teams and clear articulation of financial concepts.
• A qualified Chartered Accountant (CA) with 2 to 3 years of post-qualification experience in a fast-paced accounting environment.
• High degree of adaptability and professional maturity, with the ability to thrive in an on-site work environment in Mumbai while managing competing priorities under tight deadlines.