EY Hiring 2026 | Assurance Manager – FAAS (Statutory/NAIC Accounting & Reporting) | CA, ACCA, CPA | Hyderabad & Bengaluru

Advance your career in financial reporting and insurance accounting with EY. The company is hiring Assurance Managers – FAAS (Financial Accounting Advisory Services) for its Statutory/NAIC Accounting & Reporting practice. This opportunity is ideal for experienced Chartered Accountants (CA), ACCA, CPA, and finance professionals with expertise in US GAAP, NAIC Statutory Accounting Principles (SAP), and insurance financial reporting. The role offers exposure to global insurance clients across the Americas while working from Hyderabad or Bengaluru.

Company Overview

EY (Ernst & Young) is one of the world’s leading professional services firms, providing Assurance, Consulting, Tax, Strategy, and Transactions services to organizations across more than 150 countries. Through its Financial Accounting Advisory Services (FAAS) practice, EY helps organizations enhance financial reporting, regulatory compliance, accounting transformation, and finance operations while leveraging emerging technologies and global best practices.

Job Details

About the Role

As an Assurance Manager – FAAS, you will work closely with Senior Managers and leadership teams supporting insurance clients across the Americas. The role focuses on preparing and reviewing statutory financial reporting in accordance with NAIC Statutory Accounting Principles (SAP) and US GAAP, ensuring regulatory compliance while leading client engagements and mentoring high-performing teams.

Key Responsibilities

Financial Reporting & Regulatory Compliance

• Prepare and review quarterly and annual statutory financial statements.
• Review Risk-Based Capital (RBC) filings, April Supplementals, and other NAIC reporting schedules.
• Compile supporting schedules, exhibits, disclosures, and regulatory footnotes.
• Ensure compliance with the NAIC Accounting Practices and Procedures Manual and state-specific regulatory requirements.
• Perform US GAAP to NAIC Statutory Accounting adjustments.
• Maintain accurate accounting records for regulatory reporting.

Insurance Accounting

• Manage accounting and reporting for insurance entities.
• Support reporting for Property & Casualty (P&C) and Life & Health (L&H) insurance businesses.
• Handle accounting concepts including:
  • Reinsurance
  • Separate Accounts
  • General Accounts
  • Asset Valuation Reserve (AVR)
  • Interest Maintenance Reserve (IMR)
  • Protected Accounts

Audit & Stakeholder Management

• Respond to regulatory comments and communicate with state insurance departments.
• Ensure compliance with KPIs, SLAs, and internal control procedures.
• Perform analytical reviews and variance analysis.
• Support audit readiness and regulatory examinations.
• Manage customer and stakeholder queries effectively.

Process Improvement & Automation

• Identify automation opportunities within accounting processes.
• Develop SOPs, process documentation, flowcharts, checklists, and training materials.
• Participate in system upgrades and testing initiatives.
• Drive standardization of accounting processes across multiple legal entities.

Leadership Responsibilities

• Lead and mentor teams of 6–10 professionals.
• Conduct performance reviews and career development discussions.
• Support hiring and onboarding activities.
• Assist Senior Managers in business development initiatives.
• Deliver technical training on US GAAP and NAIC accounting standards.

Required Skills

• Strong knowledge of US GAAP and NAIC Statutory Accounting Principles (SAP).
• Experience in insurance financial reporting.
• Knowledge of Risk-Based Capital (RBC) reporting.
• Understanding of insurance accounting and regulatory reporting.
• Financial statement preparation and review.
• Variance analysis and management reporting.
• Strong analytical and communication skills.
• Team leadership and stakeholder management.
• Experience in accounting process improvement and automation.

Preferred Technical Skills

Experience with one or more of the following:

• SAP
• Oracle Financials
• GAIN
• Wings
• CDM
• Workiva
• Advanced Microsoft Excel
• MS Office Suite
• Data Analytics and Visualization Tools (preferred)

Eligibility Criteria

• CA, ACCA (UK), CPA, or an equivalent professional accounting qualification.
• 5–9 years of relevant experience in financial reporting.
• Hands-on experience with US GAAP and NAIC Statutory Accounting Principles.
• Experience in insurance accounting and regulatory reporting.
• Willingness to travel when required.

Why Join EY?

• Work with one of the world’s leading Big Four consulting firms.
• Exposure to global insurance clients across the Americas.
• Opportunity to lead high-impact accounting transformation projects.
• Continuous learning through technical and leadership development programs.
• Collaborative and inclusive work environment with strong career growth opportunities.

Official Careers Website

EY Careers

Professionals with experience in US GAAP, NAIC statutory reporting, and insurance accounting looking to take the next step into a leadership role are encouraged to apply. This position offers excellent exposure to international financial reporting, regulatory compliance, and finance transformation projects within EY’s Financial Accounting Advisory Services (FAAS) practice.