Job Description

Responsibilities:

• Oversight of the IFRS 17 process from a finance standpoint, demonstrating dedication and attention to detail.
• Aligning SAGE accounting figures with the underlying policy data through reconciliation efforts.
• Collaborating closely with the finance developer to condense extensive policy data for analysis.
• Preparation of accounting policy position papers, focusing on the disclosure of insurance finance income and expense.
• Conducting quantitative analyses to evaluate the financial impacts of different accounting policy options.
• Ensuring compliance with IFRS 17 standards in the analysis and application of accounting policies.
• Development and delivery of IFRS 17 Expenses Training for Non-Executive Directors.
• Management of the IFRS 17 Premium Allocation Approach (PAA), including file setup in Risk Integrity software and subsequent accuracy checks.
• Assessment of the accuracy and completeness of IFRS 17 results, including comparisons with IFRS 4 outcomes.
• Evaluation of the Loss Inclusion Component (LIC) and Risk Component (LRC) within the IFRS 17 framework.

Requirements:

• A certified Chartered Accountant (CA) with a minimum of 5 years of post-qualification experience is a prerequisite.
• Thorough experience in IFRS reporting is indispensable.
• Proficiency in Reporting and Consolidations at a group level is mandatory.
• Previous engagement with Executive Committee (EXCO) members and senior stakeholders is strongly preferred.
• Past involvement in either insurance or financial settings is beneficial.

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Brittney Gie
Recruitment Consultant

ExecutivePlacements.com