- Posted 26 days ago
- Be among the first 30 applicants
Job Description
Role description
A.Position Overview
Position Title | Finance Trainee |
Department | Finance & Accounts |
Level/ Band | 202/Executive |
Role Summary:
We are looking for an Actuary with accounting proficiency. The ideal candidate should be able to contributions bridging actuarial analysis with accounting treatment, ensuring transparency in financial disclosures, supporting audit processes, and driving compliance with evolving standards such as Ind AS 117. Strong analytical abilities, numerical accuracy, and an understanding of financial reporting frameworks are critical to success in this role.
Organizational Relationships
Reports To | Ind AS Project Lead |
Supervises | N/A |
Job Dimensions
Geographic Area Covered | N/A |
Stakeholders Internal | Ind AS Team |
Stakeholders External | Ind AS Project, Finance |
B.Key Result Areas
Ensure Timely, Logical Development with Accuracy | .Support development, validation, and maintenance of actuarial valuation models in line with accounting standards (e.g., IFRS 17), ensuring consistency between actuarial outputs and financial statements. .Collaborate closely with actuarial, finance, and reporting teams to translate valuation results (e.g., BEL, CSM, risk adjustment) into accurate financial reporting, disclosures, and management insights. .Perform financial reconciliations between actuarial systems and general ledger, ensuring completeness, accuracy, and transparency of reported results. .Assist in preparation and review of financial statements, actuarial reports, and regulatory submissions, ensuring compliance with accounting policies and governance frameworks. .Conduct data validation, controls testing, and audit support activities to ensure integrity, traceability, and audit readiness of both actuarial and financial data. .Analyze financial and actuarial data to identify trends, variances, and key business drivers, supporting forecasting, budgeting, and decision-making processes. .Drive automation and efficiency improvements across actuarial and finance processes .Support documentation of methodologies, assumptions, and processes to ensure compliance with internal controls, regulatory standards, and audit requirements. |
C.Skills Required
Technical | .Advanced MS Excel .Statistical & Analytical Skills .SQL/Python Basics | |
Essential | Desired | |
Interpersonal skills | . | |
Communication skills | . | |
Creative thinking skills | . | |
Supervising / Leadership skills | . | |
Teamwork Skills | . | |
Influencing skills | . | |
Relationship Building skills | . | |
Decision making skills | . | |
Language Skills | English, Hindi & Local language |
D.Incumbent Characteristics
Essential | Desired | |
Qualification | .Graduate .Any 2 Actuarial papers | CB1, CB2, CM1, CS1 |
Experience | NA | Internships |
Disclaimer:
Tata AIA Life Insurance does not charge any fees from candidates during the hiring process. Verify job offers through official Tata AIA communication channels to avoid fraud. The job description is the sole property of Tata AIA Life Insurance. The content of this JD is confidential, and unauthorized changes or reproduction are forbidden. To know more about Tata AIA Life, click on the weblink:
More Info
About Company
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata's pre-eminent leadership position in India and AIA's presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life has written retail new business weighted premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the 13th month persistency of the company was at 89.10% and, the individual death claims settlement ratio was 99.06%. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life is now ranked at no. 5, based on individual weighted new business premium.
