Bajaj Allianz Life Insurance Looking for AM – Financial Planning and Analysis at   Pune Full Time

PRINCIPAL ACCOUNTABILITIES

1. Yearly financial planning and budgeting of revenue and all cost lines including headcount, variable spends, acquisition and management cost for Bancassurance division

2. Plays a pivotal role in compilation, coordination, analysis and submission of budgeting exercise for the Company.

3. Work closely with various sales department across the Company to proactively provide financial insights, assess financial deviations in – Planned vs. Actuals, analyze the reasons.

4. Discussion with various cross functional team mainly IT, Operations, Actuarial, Analytics and Finance reporting team on various inputs.

5. Supporting the manager in planning exercise with detailed analysis and tracking of the same with actual performance ongoing basis and highlights the risks

6. Preparation and analysis of various expense like RnR, Travel, Training and Headcount along with manpower cost on monthly basis

7. Preparation of profitability statements for all bancassurance partners on monthly basis and getting involved in reviews with business head

8. Driving online vertical from key financial metrics point of view including and not limited to premium, profitability, product mix and all partners.

9. Getting involved in preparing business models for key bancassurance partners and for new partners

10. Playing crucial role in preparing source of earnings for the company as whole and working with actuarial function on same for end-to-end closure

11. Supporting business channel on various new initiatives and evaluate financial viability of all new initiates and projects before its launch. Provide financial support to the business in short term and long term strategy.

12. Supporting and helping business team on key financial metrics to drive efficiency and profitability.

13. Preparing Monthly business reviews (MBR) deck and getting it reviewed with relevant stakeholders

14. Ensure accurate and informative shareholding deck presentation monthly.

15. Competition benchmarking, analyzing performance of competitor on various key performance indicators

16. Sustaining and improving MIS reporting for internal divisions.