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Join the Mumbai-based technology hub of a global insurance powerhouse, where innovation meets the stability of a leading international group. This captive IT organization serves as a critical engine for the group’s worldwide digital transformation, leveraging a startup-inspired mindset to build complex, customer-centric insurance solutions. We are currently facilitating the search for high-caliber talent to join this inclusive, performance-driven environment that offers structured career roadmaps, bespoke professional development, and the opportunity to impact a global value chain.
Location: Mumbai (or Willingness to Relocate)
Experience: Minimum 5 Years
Employment Type: Full-Time
We are seeking an experienced Financial Controller / Cost & Variance Specialist with strong domain expertise in the Insurance sector. The ideal candidate will be responsible for end-to-end financial oversight, cost management, variance analysis, and forecasting. This role ensures tight financial control, alignment with strategic operational budgets, and robust reporting across insurance financial operations.
Cost Control & Governance: Establish, monitor, and enforce cost-control frameworks across insurance business units to manage operational expenditures and claims-related cost drivers.
Variance Analysis: Conduct in-depth monthly, quarterly, and annual variance analyses comparing actual financial performance against budgeted and forecasted metrics. Identify key cost drivers and potential financial risks.
Financial Forecasting & Planning: Lead the forecasting process, modeling cost trends, claim reserves impact, and administrative overheads to provide accurate business forecasts to management.
Financial Reporting & Accounting: Oversee daily and periodic accounting processes, ensuring compliance with relevant insurance regulatory frameworks, accounting standards, and internal control policies.
Strategic Financial Insights: Partner with senior leadership and operational heads to provide financial analysis, actionable recommendations, and performance insights to optimize margins and operational efficiency.
Most Accounting & Finance Jobs posts in Mumbai ask for 3–6 years of experience (48% of 333 that say).
From live job posts on CoreHRx, updated 7 Nov 2026. Skill figures count posts that list their skills; salary figures only posts that show a salary.
The post states ₹15–18 LPA.
The post asks for 5 Yrs experience.
In Mumbai.
It is a full time job.
Interview preparation · 12 questions
Preparing for an accountant, accounts executive or finance analyst interview in India? This guide lists the accounting, GST and TDS questions asked most often, sample answers, the Excel test you may get, and how freshers (B.Com, M.Com, CA Inter) and experienced candidates should prepare.
Questions you may be asked
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