Manager- Insuarnce

About the Role:

This is an excellent opportunity for a candidate with experience in the Insurance industry to further ones career with a focus on IFRS 17 implementation. IFRS 17 is the new accounting standard for insurance contracts and for successful implementation the insurance companies shall address the key elements such as Functional processes, Supporting technology, Data & reporting, People, Governance and Controls.

Key Responsibilities:

• Support the implementation of IFRS/ Ind AS in BFSI sector with focus on Insurance Industry
• Support in drafting technical papers on the key elements of the IFRS requirements including IFRS 17, IFRS 16 and IFRS 9 etc.
• Analyze current state of business requirements, perform gap analysis, make recommendations for IFRS 17, IFRS 16, IFRS 9 etc. solutions and design processes.
• Significant involvement in the design, planning and execution of the accounting & reporting solution system both from a functional and user perspective
• Modelling business requirements and use cases as a basis for testing the configuration and outputs of the system
• Support and investigate system test, integration test, performance test and UAT defects
• Redefine the accounting and reporting processes to align reporting timelines after the implementation
• Work effectively as a team member, coach junior staff and build good relationships with the client

The Right Fit:

• CA and equivalent with minimum of 5+ years financial reporting experience in the Insurance industry.
• Knowledge on IFRS including IFRS 17, IFRS 16, IFRS 9 etc.
• Experience in end-to-end finance processes such as finance operations, financial close and reporting
• Practical experience on IFRS 17 implementation will be an added advantage
• Experience on any of the ETL tools, visualization tools and reporting tools will be an added advantage
• Enthusiasm to learn, transfer knowledge and ability to work in a team
• Effective communication skills
• Organized, flexible and calm under pressure