17 Armour Corporate Services Jobs
10-15 years
Mumbai
Assistant Vice President - Financial Planning & Analysis - Insurance (10-15 yrs)
Armour Corporate Services
posted 1mon ago
Key skills for the job
Key Responsibilities:
- Lead and oversee the financial planning and analysis activities of the general insurance business.
- Develop financial models to support strategic initiatives and business decisions. Deep understanding of GI products and business models, good understanding of loss ratios, cost of acquisition and industry trends.
- Provide insightful and actionable financial analysis to guide the company's financial strategy.
- Manage budgeting, forecasting, and financial reporting processes - channel, product, LOB, branch wise margins or profitability reports.
- Collaborate with cross-functional teams to ensure alignment of financial plans with business objectives.
- Present financial insights and recommendations to senior management and stakeholders, including industry benchmarking and analysis.
- Supervise and mentor a team of financial analysts, fostering a culture of continuous improvement and professional growth.
- Oversee capital management, ensuring optimal capital allocation and compliance with regulatory requirements, especially solvency management.
- Drive reinsurance strategy for P&L and capital management perspective.
Skills Required:
- Leadership: Demonstrated ability to lead and manage a team effectively.
- Go getter: Proven experience in working collaboratively with various departments.
- Task Manager: Strong organisational and project management skills.
- Business Acumen: Hands-on experience with business models and understanding of the insurance industry.
- Communication: Excellent verbal and written communication skills.
- Assertiveness: Ability to confidently and effectively communicate decisions and insights.
Functional Areas: Other
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