Role Summary
The role involves supporting financial processes, risk monitoring, reporting, and compliance activities to ensure strong financial governance and operational efficiency. This position offers early-career exposure to finance operations, risk management frameworks, and regulatory compliance within the insurance domain.
Key Responsibilities
- Support financial processes including expense tracking, reconciliations, and reporting
- Assist in preparation of financial statements, MIS reports, and variance analysis
- Perform data validation and ensure accuracy of financial records
- Assist in risk identification, tracking, and reporting across operational processes
- Maintain risk registers and monitor key risk indicators (KRIs)
- Support periodic risk assessments and internal reviews
- Ensure adherence to internal financial controls and compliance standards
- Support audit activities, including documentation and data preparation
- Assist in maintaining compliance with regulatory requirements (e.g., insurance and financial regulations)
- Prepare and maintain dashboards, reports, and operational trackers
- Analyse financial and risk data to identify trends, anomalies, and improvement opportunities
- Support leadership reporting requirements with timely and accurate data
- Collaborate with Finance, Risk, Audit, and Operations teams
- Ensure clear communication of issues, risks, and progress
- Follow SOPs and ensure SLA adherence for assigned tasks
- Identify opportunities for process improvement, automation, and standardisation
- Contribute to ongoing transformation initiatives in finance and risk operations
Required Skills & Qualifications
Education
- Bachelor's degree in Finance, Accounting, Business Administration, or related field
Experience
- 1–2 years of experience in:
- Finance operations / risk / compliance (preferred)
- OR BFSI / insurance domain operations
Core Skills
- Strong numerical and analytical skills
- High attention to detail and accuracy
- Basic understanding of financial concepts (P&L, reconciliations, reporting)
- Awareness of risk and compliance frameworks
- Proficiency in MS Excel (data analysis, formulas, reporting)
- Good written and verbal communication skills
Preferred Skills
- Exposure to financial reporting tools or ERP systems (e.g., SAP, Oracle)
- Basic understanding of internal audits and control frameworks
- Knowledge of insurance finance processes and regulatory environment
Key Competencies
- Strong process and compliance orientation
- Analytical thinking and problem-solving ability
- Ability to work in structured, deadline-driven environments
- Collaboration and stakeholder management
- Learning agility and adaptability