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Deputy Manager - Finance

AxisMaxlife -
Remote

Apply Now

Job details

4 hours ago

Qualifications

Microsoft Excel
Accounting principles
Master's degree
Analysis skills
Project management
Bachelor's degree
Accounting
User acceptance testing
General ledger accounting
Fraud prevention and detection
Business requirements
MBA
Communication skills
Banking

Full job description

About Axis Max Life

Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a joint venture between Max Financial Services Limited (“MFSL”) and Axis Bank Limited.

Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery, and a well-trained human capital.

Axis Max Life has been consistently ranked among the best workplaces by the GPTW Institute, reflecting its commitment to creating a positive and empowering work environment.

#ComeAsYouAre LGBTQIA+ and PwD candidates of all ages are encouraged to apply

Job Description

JOB SUMMARY

The role is responsible for representing the Finance function in system transformation initiatives, new product launches, and cross‑functional technology releases. The incumbent will act as the single‑point owner for Finance BRDs, UAT governance, defect management, and system design quality across policy administration, claims, and distribution systems. The role ensures regulatory compliance, control integrity, and seamless go‑lives through strong stakeholder coordination with IT, Operations, and Product teams. This position plays a critical role in strengthening finance systems, reducing operational risk, and enabling scalable growth.

Detailed KRA’s

1. Product Launch

Act as the single point of contact for Finance in all product cross-functional forums, ensuring proactive inputs and alignment.

Lead preparation, validation, and sign-off of OR (Operational Readiness) notes and BRDs, ensuring completeness, accuracy, and on-time delivery across all product launches.

Ensure correct accounting treatment, GL mapping, and compliance with taxation, regulatory, and reporting requirements with zero financial impact at product / functionality go-live.

Drive comprehensive UAT scenarios (including negative cases), ensure proper documentation, and deliver defect-free go-live aligned to release timelines.

Ensure timely recertification, closure of spillovers/defects with RCA, and adherence to OR commitments with zero escalations.

2. Finance Technology Enablement & UAT Governance

Represent the Finance function in creation of functional and system Business Requirement Documents (BRDs) for enhancements, automation, and new initiatives.

Collaborate with cross-functional stakeholders and the technology team to understand, explain, and translate business requirements into development-ready solutions

Design comprehensive test scenarios, execute UAT test cases, and ensure Finance sign‑off within defined timelines.

Publish and track daily UAT dashboards covering execution status, defects, risks, and go‑live readiness.

Ensure high‑quality system design and testing with strong control perspective covering regulatory compliance, fraud prevention, and error reduction.

Coordinate closely with IT and Operations teams for seamless execution and timely go‑lives, even under stringent timelines.

3. System Design Ownership, Defect Management & Project Execution

Own end‑to‑end Finance system requirements for both Finance‑specific and cross‑functional initiatives as an active CFT member.

Lead Finance system readiness for new product launches, ensuring completeness of requirements and downstream impact assessment.

Manage system design quality and defect lifecycle across Tejas (Policy & Claims System), Group Asia (Group Policy Administration System), and myAgent (Distribution Management System).

Drive proactive defect discussions with Finance users, cross‑patch users, and IT teams until logical closure.

Demonstrate strong follow‑up discipline and project management skills to ensure timely delivery and issue resolution.

4. Stakeholder Management, Analytics & Finance Representation

Act as the Finance SPOC in organization‑level forums related to Compliance, Product Governance, and IT Releases.

Represent Finance confidently in reviews, calls, meetings, and forums, supported by structured analysis and clear articulation.

Apply advanced MS Excel skills, AI prompt engineering, and data analysis to support testing, reconciliations, dashboards, and decision‑making.

Exhibit strong stakeholder management, collaboration, customer obsession, and growth mindset values.

Apply sound knowledge of Life Insurance lifecycle, products, basic accounting principles, and General Ledger structures while evaluating system flows and outcomes.

Relationship Network

Internal

Finance Teams (Controllership, Reporting, Taxation)
Information Technology & Digital teams (Developers, Project Managers, Production Support)
Product CFTs
Operations teams –Group, POS, PAG, PI, Claims

External

External vendors / implementation partners (where applicable)

Desired qualification and experience:

Post Graduate / MBA or Graduate with 6–8 years of experience in Life Insurance / Banking / Financial Services sector

Sound knowledge of basic accounting and General Ledger structures, preferably in the Insurance domain

Strong understanding of Life Insurance lifecycle, products, and finance processes

Hands‑on experience in driving finance system projects, BRD Writing, UAT execution, and automation initiatives with cross‑functional teams

Excellent communication skills, high attention to detail, result orientation, and strong analytical ability

Proven team player with ability to handle pressure and deliver in a dynamic, competitive environment

State

Home Office

Branch

Gurugram HO

Department

Finance

Function

Finance - Operations

Posted On

15-Jun-2026

Apply Now

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About Axis Max Life

1. Product Launch

2. Finance Technology Enablement & UAT Governance

3. System Design Ownership, Defect Management & Project Execution

4. Stakeholder Management, Analytics & Finance Representation

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