Prudential

Prudential’s 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 people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

PHI – Assistant Manager – Financial Reporting

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

This joint venture will combine Prudential's global expertise in insurance and financial services with HCL Group’s 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, India’s first World Cup Victory!

Prudential Health India is a Zero to One team undertaking a no-legacy, 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 Senior Manager – Financial Reporting

Location: Mumbai

This role requires assisting the team to establish and manage financial reporting frameworks aligned with Indian GAAP, IFRS, and IRDA regulations. This role involves implementation of accounting policies and processes and support the roll out of the accounting solution including testing while ensuring compliance with statutory audits.

Key Responsibilities

• Assist in financial reporting and compliance with Indian GAAP, IFRS, and IRDA regulations.
• Support monthly, quarterly, and annual financial statement preparation.
• Ensure accurate financial data reconciliation and variance analysis.
• Collaborate with auditors to facilitate statutory audits and regulatory filings.
• Implement cost-control measures and financial efficiency strategies.
• Assist in budgeting, forecasting, and financial planning.
• Identify process improvements and automation opportunities.
• Work closely with cross-functional teams to align financial strategies with business goals.

Qualification & Experience

• CA/ICWA/MBA (Finance) qualification with expertise in Indian GAAP, IFRS, and IRDA frameworks.
• 3-5 years of experience in finance and accounting, preferably in start-ups or health insurance.
• Strong analytical, reconciliation, and reporting skills.
• Ability to support statutory audits and investor relations.
• Experience in financial modeling, regulatory transitions, and automation tools.

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

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 part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party 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.