Roles and Responsibilities
IFRS 17 Implementation:
o Lead the data preparation and integration required for IFRS 17 compliance.
o Interpret the IFRS 17 standard and propose methodology choices to implement of the standards ensuring robust, transparent and compliant approaches to financial reporting o Develop and design actuarial models and reporting tools specific to IFRS 17
o Collaborate with cross-functional teams including finance, IT and reinsurance, etc. to ensure seamless integration of IFRS 17 requirements.
Identify prospects to improve and automate actuarial processes and enhancing analytical workflows.
Undertake complex, analytical projects that address specific needs of the team. Utilise actuarial analytics to apply advanced techniques and provide actionable insights and recommendations.
Develop and refine pricing models for insurance products considering market conditions, competition, and regulatory requirements
Should remain up-to-date with industry trends, regulatory changes,
and emerging risks
Work Experience and Key Skills Required:
The candidate is preferably having an work experience of 3 – 6 years in GI company or GI consulting
The role involves regular interaction with the senior departmental colleagues as well as with top management
The candidate should be preferably a CA or CFA and progressed well in the Actuarial Examinations and is well focused on the route to qualification
The candidate should have solid analytical skills with the ability to handle complex data and provide strategic insights
A proactive approach to process improvement and automation with a passion for leveraging technology
Knowledge of VBA, SAS and Python would be added advantage
Focused on timelines and plans well in achieving the project milestones given the timelines and resources. Has a keen eye to details.