10 Aug
|
HDFC ERGO General Insurance
|
Mumbai
10 Aug
HDFC ERGO General Insurance
Mumbai
IFRS 17 Implementation & Reporting
- ü Lead and support IFRS 17 implementation initiatives.
- ü Develop, validate, and maintain IFRS 17 valuation methodologies including:
- ü Fulfillment Cash Flows (FCF)
- ü Risk Adjustment (RA)
- ü Contractual Service Margin (CSM)
- ü Loss Component calculations
- ü Perform quarterly and annual IFRS 17 valuation and reporting activities.
- ü Analyse movement of key IFRS 17 metrics and explain financial results to senior management.
Actuarial Modelling
- ü Develop and enhance actuarial models used for IFRS 17 reporting.
- ü Ensure consistency between statutory, regulatory and IFRS 17 reporting frameworks.
- ü Support model calibration, assumption setting, sensitivity testing, and validation activities.
- ü Participate in model governance and documentation processes.
Finance & Systems Integration
- ü Work closely with Finance and IT teams to integrate actuarial outputs into IFRS 17 reporting systems.
- ü Support automation and process optimization initiatives.
- ü Assist in implementation and enhancement of actuarial software platforms such as ResQ FR or equivalent.
Analysis & Governance
- ü Conduct detailed analysis of earnings emergence under IFRS 17.
- ü Support internal and external audits related to IFRS 17 reporting.
- ü Prepare technical documentation, methodology papers, and governance materials.
- ü Ensure compliance with internal policies and accounting standards.
- ü Stakeholder Management
- ü Collaborate with Finance, Risk, Investments, and senior business stakeholders.
- ü Present key insights and recommendations to management committees.
- ü Liaise with external consultants, auditors, and regulators as required.
Key Requirements – Education & Certificates
- ü Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related quantitative field.
- ü Qualified or nearly qualified Actuary (FIAI, FIA, FSA, ASA, or equivalent).
- ü Robust understanding of general insurance produ
📌 Deputy Vice President (Mumbai)
🏢 HDFC ERGO General Insurance
📍 Mumbai