Captive Insurance Accounting-Manager| 12+yrs| Pune/Mumbai/Bangalore

Role : Captive Insurance Accounting Manager

Experience & Education:

We are looking for candidates from CA and Non-CA background with 12+ years of experience into Captive Insurance Accounting, this is a client facing role.

Experience range Non-CAs 14+ years and CAs will be 12+ years

Key Highlights -

Key Words that we will look for in this role Client domicile/ Client Captives/ Captive Insurance

Shift : working hours are from 11am to 8pm SST.

Location Pune/Mumbai/Bangalore

Work Model Hybrid (1 week from office)

Must Have

Team Management experience is compulsory – the candidate should have experience in team scaling, team migration and process transitioning

Job Description:

Our Firm is one of the world's fastest growing and most diverse insurance managers. With more than 500 employees in 16 worldwide locations, our employees work together to conceive, design and manage alternative risk transfer solutions that our clients manage today's challenges and tomorrow's opportunities.

Our firm is a wholly owned subsidiary of one of the world's largest insurance brokerage and risk management companies. Gallagher employs more than 48,000 people worldwide across 60different countries, with a global network that can offer client service capabilities in more than 150 countries.

We are seeking a motivated and dynamic individual for the position of "Senior Group Manager in our Sri Lanka office. The successful applicant will have a strong sense of accountability and will be responsible for managing the service delivery of the firm EMEA & Central Shared Services Teams in Sri Lanka.

Responsibilities:

• Manage a large and dynamic team of professionals based in the Sri Lanka and India offices providing middle office services (Accounting, Banking & Treasury, Risk & Compliance, etc.) to the firm EMEA business division & Central Shared Services business divisions
• Review & sign-off for accuracy of the management accounts, financial statements, tax returns, solvency calculations, etc. prepared by firm EMEA Insurance Accounting team members
• Responsible for all client accounting, tax, regulatory, treasury & other company administration issues and ensuring all agreed timetables and deadlines for financial, regulatory and Board reporting are met
• Ensures compliance with relevant accounting standards (UK/US GAAP, IFRS, SORPs etc.)
• Ensure the teams adhere to Artex compliance and regulatory frameworks
• Ensure the timely delivery of tasks and responsibilities of the teams while maintaining a high service standard
• Have an overall understanding of the services and the customers of the business division to provide input for the operational and strategic decision making of the division
• Support & develop talent within the team to ensure continuous growth high performance
• Build & maintain a strong relationship with key stakeholders and regular engagement with them
• Drive regular reporting on management information
• Identify opportunities for process improvements and drive Process Excellence to enhance the quality & efficiency of the processes.
• Experience in standardisation of processes to build consistency in reporting
• Demonstrated experience in successfully transitioning back-office related services through online or on-site methods.
• Familiarity with Project Management principles will be highly beneficial.

Minimum Requirements:

• ACMA, ACA or ACCA qualification or equivalent.
• MBA or MSc degree from a reputed university.
• Preferably 10 years post qualified experience in the accounting field preferably in the insurance / reinsurance sector with experience managing large teams.
• Knowledge of the international insurance / reinsurance market and regulatory environment along with exposure to the BPM industry would be an advantage.
• Advanced computer literacy skills, including Excel, Word and PowerPoint.
• Strong financial reporting abilities, business process acumen and analytical skills.
• Proven ability to develop highly engaged teams and managing teams effectively.
• Experience of operating in a matrix management structure.
• Ability to cultivate and manage strong relationships with stakeholders
• Ability to multi-task, adapt to changing priorities and demonstrate initiative.
• Motivated individual who is deadline driven, able to work independently and committed to delivering an excellent level of client service.
• Excellent verbal, written, organizational skills with the ability to engage effectively at all levels.

The candidates who apply for the position should expect a long-term career with the Company. The selected candidate should be able to join the company within one month .