Financial Reporting Manager
Universal Sompo General Insurance Co. Ltd.
4 - 5 years
Mumbai
Posted: 17/02/2026
Job Description
About the role
Own the monthly close, statutory financial statements, and regulatory submissions for the general insurance business, ensuring accuracy, timeliness, and compliance with IRDAI and applicable accounting frameworks. Act as the anchor between Finance, Actuarial, Reinsurance, Investments, and Statutory/Internal Auditors, while driving process discipline, strong controls, and continuous automation.
Key Responsibilities:
1) Financial Close & Statutory Reporting
Monthly/quarterly/year-end close (P&L, Balance Sheet), including ledger hygiene, accruals
Prepare financial statements, notes, schedules, and management representation for Board/Audit Committee.
Ensure alignment of accounting treatments
Review trial balance to sub-ledger reconciliations.
2) Regulatory Reporting (IRDAI & Other)
Prepare and file IRDAI regulatory returns (quarterly/annual), including analytical packs.
Coordinate with various stakeholders for reporting.
Maintain a robust compliance calendar and documentation pack for all submissions and correspondence.
3) Audit, Governance & Controls
Front-end Statutory Audit, Internal Audit, and close observations within timelines.
Strengthen internal financial controls (IFC) around premium, claims, reinsurance, investments, and reserves; document process notes, risk-control matrices, and test results.
Drive close-cycle efficiency and accuracy standardize reconciliations
Qualifications & Experience
CA is mandatory Experience: 4-5 years
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