Deputy Manager - Investments Back Office

### **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:**

Ü NAV – NAV computation in SAP and Excel

Ü Assist in Back office operations pertaining to the investment in various funds (control and unit linked)

Ü Internal, Management and Statutory reporting

Ü Audit Management\- Concurrent and Statutory

Ü Bank Reconciliation preparation/ Review

Ü Dashboards for various investments

• *KEY RESPONSIBILITIES:**

Ü **Accounting of Investment Entries/Fund Accounting –**

• Manage Integration of SAP system and Sun system codes/ oracle
• Ensure that accurate accounting entries are correctly passed in oracle

Ü **NAV Computation in Excel and SAP –**

• Accounting of deals for the day in SAP system
• Verification of daily Interest Accruals and daily amortisation
• Tracking of Corporate actions
• Updation of Mutual Fund, Equity, G\-Sec, Bond prices in SAP system
• Calculation of Fund Management Charges and Payout of the same
• Trade Settlement – Equity and Debt
• Valuation of Bonds through Crisil Bond Valuer
• Calculation and declaration of accurate NAV post confirmation from concurrent auditors
• Calculation of Net Asset Value in Excel and checking the same with SAP

Ü **Controls and reconciliations \-**

• Custodian and Holding reconciliation on a daily basis
• Ensure Clean Bank reconciliation statements
• STP reconciliation and approval

Ü **Managing Audits** **–** Conducting Concurrent Auditors and Statutory Auditors by providing timely data and ensuring successful completion of the same. System Audits

Ü **Internal/Management/Statutory reporting** – Providing reports to management as and when required

• *MEASURES OF SUCCESS:**

Ü Accurate Accounting of investment entries in Oracle and timely reconciliation of books of accounts

Ü Timely and accurately calculation and release of NAV

Ü Timely submission of reports in line with regulatory and management requirements

Ü No issues in concurrent audit/ IRMS audit

• *JOB REQUIREMENTS**
• -------------------

• *MINIMUM EDUCATION:**

Ü CA / MBA Finance

• *MINIMUM EXPERIENCE:**

Ü 3\-4 years of relevant experience post qualification.

Ü Experience of having worked in the Financial Sectors like broking firm, Mutual Fund Industry etc, and managing an investment back office will be preferred.

• *State**

Home Office

• *Branch**

Gurugram HO

• *Department**

Finance

• *Function**

Finance \- Investments (Back Office)

• *Posted On**

11\-Jun\-2026