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MANAGEMENT ASSOCIATE - FINANCE SC

0-1 years

₹ 7.55 - 12.964L/yr (AmbitionBox estimate)

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Mumbai

1 vacancy

MANAGEMENT ASSOCIATE - FINANCE SC

ICICI Prudential Life Insurance

posted 19hr ago

Job Description

Business Planning -Role PurposeEnsure Board KPI is driven in each channel / Zone through Chief of salesEnsure expense management in channels / zonesEnsure profitability of the channel / zoneDevelop Business plan and commercial evaluation for any new ventures partnershipsReporting to Board on various aspects pertaining to businessMonitoring of commission expense at partner level and channel levelKey AccountabilityAlignment and delivery of Board KPIs relevant for the zone / channelMeeting expense targets by driving projects for productivity improvementManage product mix to ensure channel profitabilityManage commercial transactions for the channelsReporting to Board about business performance and status against KPI set in the beginning of the yearManage compliance to Board approved commission and reward policyTracking KPIs and suggest corrective action on timely basisMonthly Quarterly business updates to Board/Senior management 2.
Finance Regulatory Shareholder reporting -Key AccountabilityResponsible for financial and regulatory reporting to the Board and external stakeholders with respect to related party transactions in compliance to IRDAI, SEBI, Companies Act and Accounting standards.
Formulating and monitoring the Policies pertaining to Related party transactions.Preparation of financial statements as per the Holding Company s requirements along with reconciliation with the financials prepared as per the requirements of IRDAI.Liaison with multiple stakeholders within the Group and the Company to ensure effective and timely reporting.Preparation, Analysis and Filing of Financial and business Reports on various frequencies to IRDAI, SEBI, RBI Life council.Close co-ordination with Compliance and other cross functional teams, stakeholders of the organization.Interpretation of requirements from the guidelines/ circulars received from regulator or statutory agencies and development of reports.Ensuring 100% accuracy and controls in all financial and regulatory reporting.Management and support in financial forecasts and report variances.End to End automation of all manual reports - Raising BRS s, understanding the flow of system, user acceptance testing (UAT) of the output.

Employment Type: Full Time, Permanent

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What people at ICICI Prudential Life Insurance are saying

2.5
 Rating based on 14 Management Associate reviews

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I will not suggest to work here

  • Salary - Good
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Work culture Office timings Saturday Sunday work No promotion appraisal

  • Promotions - Bad
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Read 14 Management Associate reviews

Management Associate salary at ICICI Prudential Life Insurance

reported by 73 employees
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₹7.2 L/yr - ₹13 L/yr
6% more than the average Management Associate Salary in India
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