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Apply for Actuarial Analyst - IFRS Reporting - Insurance

6.00 to 8.00 Years   Mumbai City   06 Apr, 2023
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryRecruitment Services
Functional AreaGeneral / Other Software
EmploymentTypeFull-time

Job Description

    Actuarial Analyst III - IFRS Reporting - InsuranceThe role would be directly responsible for IFRS17 implementation for the company.Key Responsibilities- Responsible for IFRS17 implementation for the company.- Responsible for developing specifications for actuarial calculations required by IFRS 17 standards- Developing detailed understanding of IFRS 17 and clarifying various queries pertaining to understanding by different teams- Interact with a wide range of stakeholders across the whole Company and externally on IFRS17 implementation- Responsible for assessing the data and assumption readiness for transition to IFRS17- Co-ordinate with IT or other parties to ensure the data and systems after development fulfil the IFRS requirements.- Preparation of other management information as required- Manage team of 1-2 membersSpecific Authorities :(Financial & Non Financial)Not ApplicableKey Performance Indicators:- Meet the regulatory and internal management timelines for the IFRS implementation and regular reporting- Resolve queries raised by management on the financial reporting and projections- Effective team managementJob Requirements :Qualifications - Graduate/PG degree- Minimum 12 actuarial papers- Experience Minimum 6-8 years of experience of working with Actuarial function in LifeHR/ JD/ Ver1.0/1 st Feb 2020Internal InsuranceBase skills- Team management experience- Experience in actuarial valuation is preferable- Proficient in Prophet software & DCS- MS Excel, VBA, R, SQLFunctional Competencies - Quick learner- Analytical skillsBehavioral Competencies- Collaboration- Growth through differentiation- Execution ExcellenceKey InteractionsInternal Nature or purpose of interactionFinance/ IT/ Ops- Interaction required to build the understanding of the current financial reporting processes and changes required for IFRS implementation- Co-ordinate with IT or other parties to ensure the data and systems after development fulfil the IFRS requirements.- External Nature or purpose of interaction- Industry Regular interaction with Industry people to understand the industry practices and any development in the IFRS requirements,

Keyskills :
valuationcustomer relationsinsurancereportingdata analysisteam management

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