Save Job Back to Search Job Description Summary Similar JobsPermanent HOD Shareholder Reporting role.Opportunity to work in a leading life insurance organisation.About Our ClientThe organisation is a leader in the life insurance industry in Mumbai.Job Description* Drive the timely implementation and ongoing reporting requirements under IFRS 17.* Liaise with consultants and group teams to ensure alignment of local methodologies with group reporting standards.* Develop and enhance actuarial models, tools, and Excel-based reporting frameworks to support IFRS 17 implementation and business reporting.* Build and strengthen team capability and knowledge on IFRS 17 methodologies and reporting requirements.* Lead the formulation and maintenance of the actuarial business plan in alignment with the company's long-term strategic objectives.* Ensure that projected KPIs and financial metrics appropriately reflect the current business environment and future outlook.* Monitor business plan performance against actual results and provide actionable insights and recommendations for course correction.* Partner with senior management in evaluating business performance and strategic initiatives.* Oversee the development and maintenance of actuarial models in Prophet for new and existing products.* Support actuarial stakeholders by implementing model enhancements, corrections, and process improvements.* Ensure the smooth functioning of Prophet systems, including vendor management, licensing, system maintenance, and issue resolution with FIS.* Establish strong governance and controls around modelling processes and assumptions.* Lead the calculation and reporting of key shareholder metrics, including New Business Margins (NBM), Embedded Value (EV), and ALM measures.* Prepare management reports and provide insights into business performance, profitability, and balance sheet dynamics.* Collaborate with regional and group stakeholders on Quarterly Business Reviews, technical presentations, and other strategic reporting requirements.* Provide recommendations to management on duration matching, balance sheet optimization, profitability improvement, and value creation initiatives.* Monitor and analyze ALM risks and support the implementation of effective risk management strategies.* Manage quarterly Solvency II reporting and submissions to regional and group stakeholders.* Drive continuous enhancement of Solvency II methodologies, including SCR, Risk Margin, and other capital calculations, ensuring alignment with group standards.* Maintain comprehensive process documentation and strengthen governance frameworks around Solvency II reporting.* Support management decision-making through capital, solvency, and risk analytics.The Successful ApplicantWe're looking for someone who has:* 10+ years of actuarial experience, preferably within the Life Insurance industry.* Extensive experience in IFRS 17, Shareholder Reporting, Embedded Value, ALM, Business Planning, and Solvency II reporting.* Strong hands-on experience with Prophet modelling and actuarial systems.* Proven experience managing senior stakeholders, regional teams, consultants, and cross-functional business partners.* Deep understanding of Life Insurance products and actuarial reporting frameworks.* Strong analytical and problem-solving capabilities.* Excellent stakeholder management and communication skills.* Experience leading teams and managing multiple high-priority deliverables.* Strong project management, governance, and process improvement mindset.* Advanced proficiency in Excel, actuarial modelling tools, and reporting systems.What's on OfferPermanent Hod Shareholder Reporting role.Opportunity to work in the Insurance industry in Mumbai.If this role fits your experience, you can apply for the role.Quote job refJN-102026-7124496Job summaryFunctionInsuranceSub SectorActuarialWhat is your area of specialisation?InsuranceLocationMumbaiJob TypePermanentJob ReferenceJN-102026-7124496