Insurance Accounting - IFRS17

Responsibilities:

• Business Requirements & Functional Design: Define and consolidate comprehensive business requirements specifically for IFRS 17 solution implementations. Formulate the detailed functional design for the IFRS 17 solution, ensuring alignment with client needs and regulatory standards.
• Cross-Functional Coordination: Coordinate effectively with IT, actuarial, and finance teams to thoroughly understand their requirements and clearly explain the design of IFRS 17 solutions.
• Data Advisory: Provide expert advisory services on data requirements necessary for IFRS 17 computation and reporting, ensuring data integrity and completeness.
• Configuration & Testing: Perform the configurations of the IFRS 17 solution as per the approved design and meticulously test these configurations to ensure accuracy and functionality.
• Testing Support: Provide dedicated support during System Integration Testing (SIT) and User Acceptance Testing (UAT) phases, assisting with issue resolution and validation.
• IFRS 17 Expertise: Apply a strong understanding of IFRS 17 requirements, economic or market issues, and the ability to interpret their impact on clients financial reporting.
• Industry Knowledge: Demonstrate a strong understanding of the Insurance and Reinsurance industry, including its nuances and operational aspects.
• Analytical & Problem-Solving: Exhibit strong analytical and problem-solving skills, capable of dissecting complex financial and accounting challenges.
• Multi-tasking & Prioritization: Proven ability to manage multiple tasks/activities concurrently and prioritize them appropriately to meet project deadlines.
• Presentation & Communication: Utilize strong presentation skills and proficiency in PowerPoint, Word, and Excel. Demonstrate strong communication skills, evidenced by effective collaboration with people and teams from diverse backgrounds.
• Technological Leverage: Leverage technology to continually learn, improve service delivery, and maintain leading-edge best practices in insurance accounting.

Required Skills:

• Good understanding of IFRS 17 requirements, economic or market issues, and the ability to interpret their impact on clients.
• Highly numerate.
• A strong understanding of the Insurance and Reinsurance industry.
• Strong communications skills and evident working with people and teams from different ethnic backgrounds.
• Ability to leverage technology to continually learn, improve service delivery, and maintain leading edge best practices.
• Strong presentation skills and proficiency in the use of PowerPoint, Word, and Excel.
• Demonstrated strong analytical and problem-solving skills.
• Proven ability to manage multiple tasks/activities and prioritize appropriately.