Head of Finance

2 days ago

India Berkley Full time ₹ 20,00,000 - ₹ 25,00,000 per year
Company Details

Berkley Insurance Company is part of the W.R. Berkley Corporation, a Fortune 500 Company and listed on the New York Stock Exchange. Founded in 1967, W.R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance.

Starting off in Hong Kong in 2006 as a reinsurance Company and operating under the name Berkley Re, we have expanded across the region with offices in Singapore and Australia since then. After Australia, Singapore and Hong Kong received a license to sell direct business in 2016 and they are operating under the name Berkley Insurance Asia. Berkley Insurance Asia is currently in the process to apply for an insurance licence with the International Financial Services Centres Authority in India (GIFT City). Berkley Re and Berkley Insurance Asia business units are both part of Berkley Insurance Company.

As part of the new India branch to be setup in GIFT City, Head of Finance will establish all required finance related processes. You will be responsible for setting up regulatory, tax, management, etc. reporting, and keeping on top and implementing relevant changes in finance related requirements.

The Role

Working within the Finance team and closely with the business

The Head of Finance responsibilities include:

  • Preparing and submitting the monthly, quarterly and year-end financial reporting requirements and analysis for Berkley Insurance Company IFSC branch.
  • Setup processes for India Branch required regulatory, corporate tax, GST filing, etc.
  • Support the setup of operational processes across functions like underwriting, claims, etc for the India Branch.
  • Drive the investment management and regulatory compliance functions.
  • Develop and implement strategies to accomplish the Branch objectives.
  • Supporting the Asia Region CFO with day-to-day resolution of questions from head office, and
  • other duties as assigned for both our Insurance and Reinsurance divisions within Asia.
The Candidate - Skills, Qualifications & Experience

Essential:

  • ACCA, CA, CPA qualified or equivalent
  • Minimum of 10 years financial reporting experience in insurance industry is a MUST
  • US Statutory and/or US GAAP reporting is an advantage
  • Affinity with implementation of accounting and tax standards, setting up operational processes, etc.
  • Proficient use of a financial general ledger system
  • Strong accounting and financial reporting capabilities.
  • Numerical accuracy and attention to detail
  • Proven advanced Excel skills
  • Ability to plan and prioritize workflow to tight deadlines
  • Strong analytical skills and problem-solving skills
  • Excellent written and verbal communication skills
  • Demonstrated ability to collaborate and engage with different stakeholders
  • Good team player with intercultural skills and positive attitude

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