PHI - Senior Manager- Financial Reporting

Prudentials purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured for our people customers and partners. We provide a platform for our people to do their best work and make an impact to the business and we support our peoples career ambitions. We pledge to make Prudential a place where you can Connect Grow and Succeed.

PHI Senior Manager Finance Reporting

Prudential (UK) in partnership with the HCL group plans to setup a standalone Indian health insurance company to address the growing healthcare needs of the Indian consumer.

This joint venture will combine Prudentials global expertise in insurance and financial services with HCL Groups experience in technology and healthcare solutions.

Prudential with its longstanding presence in India already operates two leading businesses in life insurance and asset management with the ICICI Group. Prudential was also the proud sponsor of the 1983 Cricket World Cup Indias first World Cup Victory!

Prudential Health India is a Zero to One team undertaking a nolegacy greenfield health insurance deployment in India building journeys that truly empathize with the customer and offer a differentiated experience.

To partner with us in this mission we are looking for a dynamic and Risk Manager to ensure the efficient and seamless operation of the Risk Department and plays a crucial role in identifying assessing and mitigating risks in the organization.

Reporting to Head of Finance

Location: Mumbai

The Senior Manager Financial Reporting role in a startup health insurance company requires a strategic finance professional to establish and manage financial reporting frameworks aligned with Indian GAAP IFRS and IRDA regulations. This role involves developing scalable financial processes ensuring compliance with statutory audits implementing costcontrol measures and driving financial efficiency.

Key Responsibilities

• Establish and oversee financial reporting frameworks aligned with Indian GAAP IFRS and IRDA regulations.

• Develop scalable financial processes to support rapid growth.
• Ensure compliance with statutory audits and liaise with external auditors.
• Implement cost control measures and financial efficiency strategies.
• Prepare monthly quarterly and annual financial reports for investors and regulators.
• Conduct variance analysis and financial forecasting.
• Identify automation opportunities to streamline reporting.
• Collaborate with crossfunctional teams to align financial strategies with business goals.

Qualification & Experience

• CA/ICWA qualification with expertise in Indian GAAP IFRS and IRDA frameworks.
• 510 years of experience in finance and accounting within the health insurance industry.
• Strong analytical reconciliation and reporting skills.
• Ability to manage statutory audits and crossfunctional projects.
• Knowledge of regulatory transitions like Ind AS and IFRS.

Skills

• Analytical skills
• Problem solving skills
• Data handling expertise
• IRDAI requirement Knowledge

What we offer

• Competitive salary
• Career development opportunities for professional growth and development including training and mentorship programs
• Recognition as a key member of our leadership team

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex race age ethnic origin educational social and cultural background marital status pregnancy and maternity religion or belief disability or parttime / fixedterm work or any other status protected by applicable law. We encourage the same standards from our recruitment and thirdparty suppliers taking into account the context of grade job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.