Job Description
Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
PHI – Senior Manager – Finance Operations and Treasury
Prudential (UK) in partnership with the HCL group plans to set-up a standalone Indian health insurance company to address the growing healthcare needs of the Indian consumer.
This joint venture will combine Prudential's global expertise in insurance and financial services with HCL Group’s experience in technology and healthcare solutions.
Prudential, with its longstanding presence in India, already operates two leading businesses in life insurance and asset management with the ICICI Group. Prudential was also the proud sponsor of the 1983 Cricket World Cup, India’s first World Cup Victory!
Prudential Health India is a Zero to One team undertaking a no-legacy, greenfield health insurance deployment in India, building journeys that truly empathize with the customer and offer a differentiated experience.
To partner with us in this mission, we are looking for a dynamic and Risk Manager to ensure the efficient and seamless operation of the Risk Department and plays a crucial role in identifying, assessing and mitigating risks in the organization.
Reporting to Head of Finance
Location: Mumbai
The Senior Manager - Financial Operations & Treasury role in a greenfield health insurance company in India requires a finance expert to establish and manage treasury functions, cash flow strategies, and financial operations from the ground up. This role is critical in ensuring liquidity, compliance, and financial efficiency while supporting the company’s rapid growth.
Key Responsibilities
• Establish and oversee financial operations and treasury functions from the ground up.
• Develop cash flow management strategies, ensuring liquidity and financial stability.
• Implement treasury policies, including investment strategies and risk management.
• Ensure compliance with IRDA regulations, Indian GAAP, and IFRS.
• Oversee claims and distribution payouts
• Manage banking relationships, negotiate financing agreements, and optimize capital structure.
• Lead budgeting, forecasting, and financial planning to support business growth.
• Oversee accounts payable, receivable, and reconciliation processes.
• Identify automation opportunities to enhance financial efficiency.
• Collaborate with cross-functional teams to align financial strategies with business goals.
Qualification & Experience
• CA/ICWA/MBA (Finance) qualification with expertise in treasury management and financial operations.
• 8-12 years of experience in finance, preferably in start-ups or health insurance.
• Strong analytical, risk management, and financial modeling skills.
• Ability to manage fundraising, investor relations, and regulatory transitions.
• Experience in cash flow forecasting, liquidity management, and automation tools.
Skills
• Analytical skills
• Problem solving skills
• Data handling expertise
• IRDAI requirement Knowledge
What we offer
• Competitive salary
• Career development opportunities for professional growth and development including training and mentorship programs
• Recognition as a key member of our leadership team
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
PHI – Senior Manager – Finance Operations and Treasury
Prudential (UK) in partnership with the HCL group plans to set-up a standalone Indian health insurance company to address the growing healthcare needs of the Indian consumer.
This joint venture will combine Prudential's global expertise in insurance and financial services with HCL Group’s experience in technology and healthcare solutions.
Prudential, with its longstanding presence in India, already operates two leading businesses in life insurance and asset management with the ICICI Group. Prudential was also the proud sponsor of the 1983 Cricket World Cup, India’s first World Cup Victory!
Prudential Health India is a Zero to One team undertaking a no-legacy, greenfield health insurance deployment in India, building journeys that truly empathize with the customer and offer a differentiated experience.
To partner with us in this mission, we are looking for a dynamic and Risk Manager to ensure the efficient and seamless operation of the Risk Department and plays a crucial role in identifying, assessing and mitigating risks in the organization.
Reporting to Head of Finance
Location: Mumbai
The Senior Manager - Financial Operations & Treasury role in a greenfield health insurance company in India requires a finance expert to establish and manage treasury functions, cash flow strategies, and financial operations from the ground up. This role is critical in ensuring liquidity, compliance, and financial efficiency while supporting the company’s rapid growth.
Key Responsibilities
• Establish and oversee financial operations and treasury functions from the ground up.
• Develop cash flow management strategies, ensuring liquidity and financial stability.
• Implement treasury policies, including investment strategies and risk management.
• Ensure compliance with IRDA regulations, Indian GAAP, and IFRS.
• Oversee claims and distribution payouts
• Manage banking relationships, negotiate financing agreements, and optimize capital structure.
• Lead budgeting, forecasting, and financial planning to support business growth.
• Oversee accounts payable, receivable, and reconciliation processes.
• Identify automation opportunities to enhance financial efficiency.
• Collaborate with cross-functional teams to align financial strategies with business goals.
Qualification & Experience
• CA/ICWA/MBA (Finance) qualification with expertise in treasury management and financial operations.
• 8-12 years of experience in finance, preferably in start-ups or health insurance.
• Strong analytical, risk management, and financial modeling skills.
• Ability to manage fundraising, investor relations, and regulatory transitions.
• Experience in cash flow forecasting, liquidity management, and automation tools.
Skills
• Analytical skills
• Problem solving skills
• Data handling expertise
• IRDAI requirement Knowledge
What we offer
• Competitive salary
• Career development opportunities for professional growth and development including training and mentorship programs
• Recognition as a key member of our leadership team
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
💡 Quick Summary
Seeking a career-building opportunity? The PHI | Senior Manager- Financial Operations position is now open for candidates interested in the Finance sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Finance is a plus.