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18 hours ago
Deputy Manager - Operations - REF81558Q_ Financial Reporting
Company DescriptionWNS (Holdings) Limited (NYSE: WNS), is a leading Business Process Management (BPM) company. We combine our deep industry knowledge with technology and analytics expertise to co-create innovative, digital-led transformational solutions with clients across 10 industries. We enable businesses in Travel, Insurance, Banking and Financial Services, Manufacturing, Retail and Consumer Packaged Goods, Shipping and Logistics, Healthcare, and Utilities to re-imagine their digital future and transform their outcomes with operational excellence.We deliver an entire spectrum of BPM services in finance and accounting, procurement, customer interaction services and human resources leveraging collaborative models that are tailored to address the unique business challenges of each client. We co-create and execute the future vision of 400+ clients with the help of our 44,000+ employees.
Job Description5 plus years in Financial Reporting and Consolidation in Insurance MGA or reinsurancePrepare accurate and timely monthly quarterly and annual financial statements in line with IFRS UK GAAP or local GAAP where applicableProduce management reporting packs with variance analysis KPIs and performance insights for underwriting claims and investmentsEnsure all insurance-related income and expense items premiums claims commissions reinsurance are correctly recognised and reportedMaintain multi-entity multi-currency ledgers and ensure all balances reconcile to supporting recordsConsolidationLead the group consolidation process for all legal entities including insurance carriers MGAs service companies and holding companiesProcess intercompany eliminations foreign currency translation and adjustments in accordance with accounting standardsCoordinate with regional and subsidiary finance teams to ensure timely submission of reporting packsInsurance-Specific ReportingOversee premium claims and commission bordereaux processing and reconciliation to the general ledgerLiaise with underwriting claims actuarial and operations teams to ensure data integrityPrepare and submit regulatory returns eg FCA PRA Solvency II Lloyd s reporting accurately and on scheduleSupport reinsurance accounting including ceded premium recoveries and reinsurance asset reconciliationAudit and ComplianceLead the preparation of statutory accounts for audit and manage the external audit processEnsure compliance with insurance regulatory frameworks and company financial control policiesMaintain a strong internal control environment including documentation of key finance processesBusiness Partnering and ImprovementWork with senior management to support budgeting forecasting and strategic planningIdentify opportunities to automate or streamline reporting and consolidation processesProvide financial insights to support underwriting profitability analysis and claims performance reviews
QualificationsACA CIMA or equivalent BCOM with relevant technical accounting background
Experience LevelMid Level-
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