05 Sep
|
HDFC ERGO General Insurance
|
India
05 Sep
HDFC ERGO General Insurance
India
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 (India)
🏢 HDFC ERGO General Insurance
📍 India