Job Description:Dated: July 10,2025A Position OverviewPosition TitleAssistant Manager - Investments Operations (Back & Mid Office)DepartmentInvestments Operations – Finance & AccountsLevel/ BandAssistant Manager1. Role Summary:a) Ensure smooth working of Investments Cash Flows, Banking & Settlement, Fund Accounting and declaration of daily NAV;b) Understanding of all Regulatory and Internal Exposure Norms related to settlement of tradesc) SAP Investment Management System (IMS) –(i) Addressing day to day issues; and(ii) New Development / enhancement with successful completion of UAT testing;d) Derivative deal settlement and accountinge) MIS and Analytical.B Organizational RelationshipsReports ToAVP – Investments OperationsSupervisesJunior members of Investments Operations team (normally 3-4 officials)C Job DimensionsGeographic Area CoveredNationalStakeholders – InternalFund Managers, Finance & Accounts, Operations, IT, Risk and Actuarial Department for Investments Operation activities.ExternalBanks, Custodian, Counterparties & Auditors and System VendorD Key Responsibility Areas1) Prime responsibility would ensure smooth working of Investment Back Office – from morning Cash Flows to daily EOD activities2) Ensure compliance of all regulatory and internal norms/ limits on day-to-day basis related to deal settlement for all assets classes3) Updation and implementation of SOP Back Office4) Managing various Investments Audits and ensure its smooth closures5) Liaising with Banks, Custodian6) Strengthening of MIS and share its analytical7) Carrying out derivative accounting8) Carrying out UAT for SAP IMS bugs as well as new requirements.9) Support in preparing data / MIS for Board and its Committees10) Grooming team membersE Skills RequiredTechnicalüBehavioralEssentialDesiredInterpersonal skillsüCommunication skillsüCreative thinking skillsüSupervising/Leadership skillsüTeamwork SkillsüInfluencing skillsüRelationship Building skillsüDecision making skillsüF. Incumbent CharacteristicsEssentialDesiredQualificationChartered Accountant (CA)Advanced Excel Skills and writing Macros is desirableExperienceExperience of 3-4 years in Life Insurance industryAbout 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.
