Statutory Insurance Reporting -MNC-Noida

Mastermind Network; Dadri; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Mastermind Network in India is seeking a senior Regulatory Reporting lead to ensure strict regulatory compliance across FSC, Insurance Commission, and related authorities. You will translate evolving guidelines into actionable reporting requirements and oversee quarterly/year-end close cycles with accuracy and speed.

You will manage a 45-member team, drive automation and controls, prepare dashboards for senior leadership, and coordinate with auditors and regulators to resolve queries efficiently.

Qualifications

• Commerce Graduate or postgraduate degree.
• Relevant years of experience in managing F&A External Reporting processes.
• Experience in working with an insurance client is an added advantage.

Responsibilities

• Execute reporting in strict adherence to FSC, Insurance Commission, and other supervisory authority requirements, ensuring full regulatory compliance.
• Interpret complex and frequently changing regulatory guidelines and translate them into clear, executable reporting requirements.
• Prepare and review Enhanced Schedules, Quantitative Reporting Templates (QRTs), survey reports, and regulator-mandated disclosures with audit readiness.
• Manage delivery of high reporting volumes during quarter-end and year-end close cycles within compressed timelines.
• Oversee data validation, reconciliations, and variance analysis, coordinating across Actuarial, Investment, Reinsurance, and Finance systems.
• Lead interactions with external auditors, regulators, and internal assurance teams, ensuring timely resolution of queries and observations.
• Maintain robust control frameworks, audit trails, and documentation standards across the reporting lifecycle.
• Prepare executive dashboards, regulatory summaries, and status updates for senior leadership and the C-suite.
• Lead and develop a team of 45 regulatory/statutory reporting professionals, driving execution excellence and accountability.
• Drive process optimization, standardization, and automation initiatives to enhance reporting efficiency and control maturity.

Skills

Regulatory reporting

Audit coordination

GAAP knowledge

IFRS knowledge

Education

Commerce Graduate

Postgraduate

Tools

Oracle

BlackLine

Job description

Responsibilities

• Execute reporting in strict adherence to FSC, Insurance Commission, and other supervisory authority requirements, ensuring full regulatory compliance.
• Interpret complex and frequently changing regulatory guidelines and translate them into clear, executable reporting requirements.
• Prepare and review Enhanced Schedules, Quantitative Reporting Templates (QRTs), survey reports, and regulator-mandated disclosures with full audit readiness.
• Manage delivery of high reporting volumes during quarter-end and year-end close cycles within compressed timelines.
• Oversee data validation, reconciliations, and variance analysis, managing dependencies across Actuarial, Investment, Reinsurance, and Finance systems.
• Lead interactions with external auditors, regulators, and internal assurance teams, ensuring timely resolution of queries and observations.
• Maintain robust control frameworks, audit trails, and documentation standards across the reporting lifecycle.
• Prepare executive-level dashboards, regulatory summaries, and status updates for senior leadership and the C-suite.
• Lead and develop a team size of 45 regulatory/statutory reporting professionals, driving a culture of execution excellence, accuracy, and accountability.
• Drive process optimization, standardization, and automation initiatives to enhance reporting efficiency and control maturity.automation, and governance initiatives to strengthen accuracy, efficiency, and consistency in multi-GAAP reporting

Minimum Qualifications

• Commerce Graduate / Postgraduate
• Relevant years of experience in managing F&A External Reporting processes
• Experience in working with an insurance client will be an added advantage

Preferred Skill Set

• Thorough knowledge of accounting procedures
• Understanding of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
• Experience with accounting software, like Oracle, Blackline, etc.