BRIEF PROFILE AND WORK EXPECTATIONS FROM THE CANDIDATE:
IND AS 117 –
Co-ordinate with the implementation partner and various internal stakeholders for understanding of requirements of the IND AS 117
Ability to prepare summary presentations for facilitating discussions at various levels viz., Steer Co, parent companies, industry forums, etc.
Understand and support IND AS 117 process and system changes related to insurance products
Perform various checks and controls on data accuracy and completeness (Premium, Claims, Commission validation).
Ability to understand data flows across systems from source to target and data architecture under Ind AS
Ability to conduct process walk-throughs of current processes and highlight / recommend process gaps, flaws and process changes.
Having the foresight to draw down activities in a large-scale Ind AS project, list down pitfalls / bottlenecks,
be solution oriented and drive the results for the work stream
Ability to work with cross-functional teams especially actuarial and technology.
Project Management –Planning and overseeing projects to ensure they are completed in a timely manner and within budget
System Enhancements –Testing of system requirements, evaluate new requirements and providing CRs to IT, liase with IT for resolution of defects and delivery
DESIRED COMPETENCES/QUALIFICATIONS:
Chartered Accountant
Minimum 1-2 years’ experience post qualification
Understanding of IND AS standards
Positive knowledge of I GAAP, IND AS
This is a data intensive role and requires high level of MS Excel skills. Develop in-depth understanding of insurance data.