VP - Head Planning & MIS

Michael Page; Maharashtra; On-site; INR 4,000,000 - 6,500,000; Full time

Job summary

Michael Page partners with a leading General Insurance organisation in Mumbai to recruit a senior FP&A professional who will lead budgeting, rolling forecasts and multi-scenario long-range planning in collaboration with local and global stakeholders.

You will ensure timely, accurate regulatory reporting to IRDAI and IIB, conduct granular expense analysis, and drive automation of financial reporting using SAP and Anaplan, while partnering with the CFO, CEO and leadership team to deliver critical

Qualifications

• Strong analytical skills with deep understanding of finance and business.
• Experience in leading budgeting, forecasting and long-range planning.
• Proven track record in internal controls, compliance, and timely reporting.
• Ability to coordinate with senior stakeholders and cross-functional teams.

Responsibilities

• Lead annual budgeting, rolling forecasts, and long-range financial planning with local and global stakeholders.
• Ensure timely, accurate premium/financial reporting to IRDAI and IIB per guidelines.
• Conduct granular expense analysis and drive cost reviews across units.
• Partner with CFO/CEO and leadership to finalize and present key metrics.
• Drive automation and digitization of financial reporting processes.

Skills

Analytical thinking

Leadership

Stakeholder management

Regulatory reporting

Tools

SAP

Anaplan

Job description

About Our Client

The organisation operates in the General Insurance industry in Mumbai.

Job Description

• Lead the annual budgeting, rolling forecasts, and long-range financial planning cycle in coordination with local and global stakeholders, incorporating multiple business scenarios.
• Ensure timely, accurate, and compliant premium reporting to IRDAI and IIB in accordance with regulatory guidelines.
• Conduct granular expense analysis at GL and cost-centre level; lead periodic cost review forums across all business units.
• Working with stakeholders on long term plan of the organization.
• Ensure end-to-end financial reporting, ensuring alignment with organizational policies and IRDAI/GAAP/Ind-AS standards.
• Establish and maintain robust data validation controls ; drive automation where applicable.
• Indepth Industry analysis on regular basis.
• Partner with the CFO, CEO, and Leadership team to finalize, validate, and present key business performance metrics and financial reports.
• Drive ongoing budget monitoring and variance analysis across headcount, costs, and business KPIs; provide actionable insights to leadership.
• Monitor and report on solvency margins and capital adequacy ratios; flag risks and ensure regulatory thresholds are maintained at all times.
• Develop and maintain a comprehensive MIS framework to support business reviews at the management and board level.
• Lead the digitization and automation of financial reporting processes to enhance efficiency and reduce manual intervention.
• Serve as the primary finance business partner for strategic initiatives, new product launches, and M&A assessments.

The Successful Applicant

• Strong analytical skills and in-depth knowledge of business.
• Proven ability to implement internal controls, ensure compliance, and deliver accurate reporting.
• Skilled in team leadership, process standardization, and driving efficiency through automation and system improvements.
• Highly detail-oriented with strong analytical thinking, structured problem-solving, and the ability to effectively coordinate across senior stakeholders and cross-functional teams.
• Strategic thinking with the ability to translate financial data into business insights and recommendations.
• Proficiency in financial modeling, scenario planning, and sensitivity analysis.
• Experience with ERP systems (SAP) and BI tools, Anaplan.
• Strong executive-level communication and presentation skills.
• Ability to work in a fast-paced, deadline-driven environment with multiple stakeholders.

What's on Offer

• Permanent role based in Mumbai.

Quote job ref: JN-082026-7082896