CountryIndiaWorking ScheduleFull-TimeWork ArrangementHybridRelocation Assistance AvailableNoPosted Date20-May-2024Job ID3082Description and RequirementsSummary of Position Responsibilities:Focus of the role involves support in the implementation of IFRS 17 reporting across impacted countries in the EMEA region.
Engagement with various teams to present, coordinate and implement the reporting.
Responsible for supporting the team on end to end implementation, methodology setting/review and business acceptance of IFRS17 accounting standard.
Ensuring compliance with the local regulation and responsible for audit, regulators request and other related tasks.
Review and challenge the Liability Cashflow models as well as IFRS 17 models to ensure compliance with the product description.
Ensuring Finance, accounting and IT platform being set up as per IFRS17 reporting requirement.
Analyse and explain the results to stakeholders
Ensure complete documentation for all activities.
Develop strong working relationships and strategic partnerships with internal clients
Build talent within the team to perform activities
Assisting other team members in various tasks with his/her technical knowledge.
Review the work performed by the junior resources.
Direct Reports (number & titles)NoneIndirect Reports (number & titles)2-3Key working relationshipsActuarial Team Leader; Global Actuarial Modelling; Actuarial IT, Local OfficeBudgetary responsibilityNoneProfit / Earnings responsibilityNonePrincipal Accountabilities of Position:Key Responsibilities:Same as aboveKey Performance Indicators (KPIs) of Position:
Delivery to project deadlines
High standards of technical rigor
Strong communication and stakeholder management
Strong managerial/leadership qualities
Essential Experience, Skills and Competencies:Essential experience, skills and competencies:
Good progress with actuarial exams
Experience and knowledge of European and Middle Eastern insurance products
Experience with MS Office (Excel - Access)
Ability to work in a team taking own initiative and consulting with others as appropriate
Attention to detail combined with respect for deadlines
Managerial exposure of handling group of people
Advantageous skills and experience:
Experience of financial or risk reporting of products.
Ability to manage the expectations of others allowing for multiple dependencies