Job Description
Assistant Vice President – Insurance Management
The Nascent Group is a technology-driven service provider to the financial industry with offices in the United States, Bermuda, Cayman Islands, Sri Lanka, and India, and Nascent Sri Lanka is the shared service center of Nascent Group providing services to other Nascent offices around the world. We provide customized solutions that meet the unique requirements of each client, leveraging our extensive expertise in various aspects of insurance consulting.
We are looking for a self-motivated, committed, and knowledgeable individual for the position of Assistant Vice President in our Insurance Management Team.
About the Role
The Assistant Vice President in our Insurance Management Team will be responsible for the servicing and managing a portfolio of insurance clients of Nascent Group.
Key Duties and Responsibilities
- Oversee the overall management of a portfolio of re/insurance management clients.
- Serve as the main point of contact for a portfolio of insurance management clients.
- Develop and maintain strong relationships with clients.
- Onboarding and setup of new clients.
- Responsible for the day-to-day administration, accounting function, regulatory reporting and all required filings and reporting for a portfolio of all classes of re/insurance entities.
- Provide advice to clients and provide customized service to suit individual needs.
- Manage relationships with internal and external service providers to ensure timely and accurate completion of financial reporting, legal & regulatory filings and other vehicle requirements.
- Ensure the re/insurance vehicles comply with the insurance rules and regulations.
- Provide advice to management and clients on re/insurance related matters.
- Prepare monthly / quarterly financial reporting, as required.
- Conduct peer review for the Accounting Team.
- Lead the annual GAPP / IFRS audits for re/insurance vehicles.
- Perform the applicable Statutory filings.
- Contribute to tech improvement initiatives.
- Promote a positive work environment and contribute to continuous improvements, collaboration and innovation.
- Other tasks as requested from senior management.
What We’re Looking For
- Professional accounting qualification such as CA, ACCA, CPA, CIMA or CMA.
- Bachelor’s degree in Finance, Accounting or in a related field.
- Minimum of 5 years experience in a similar role with at least 2 years managerial experience.
- Previous experience working on Sun Systems will be an advantage.
- Computer literacy on using full Microsoft Office Suite and Adobe Acrobat is required.
- Excellent written and verbal communication skills in English is essential.
- Excellent analytical and organizational skills with strong attention to detail.
- Team player with strong interpersonal skills.
- Ability to work independently without supervision.
Working hours are 11 a.m. to 8 p.m. Sri Lankan time, with flexibility to work outside of those hours if required.
If you are interested, please send in your resume with details of non-related references including your contact telephone number to srilanka_recruitment@nascentgroup.co by 13th June 2025.