BRIEF PROFILE AND WORK EXPECTATIONS FROM THE CANDIDATE:
o Co-ordinate with the implementation partner and various internal stakeholders for understanding of requirements of the IND AS 117
o Ability to prepare summary presentations for facilitating discussions at various levels viz., Steer Co, parent companies, industry forums, etc.
o Understand and support IND AS 117 process and system changes related to insurance products
o Perform various checks and controls on data accuracy and completeness (Premium, Claims, Commission validation).
o Ability to understand data flows across systems from source to target and data architecture under Ind AS
o Ability to conduct process walk-throughs of current processes and highlight / recommend process gaps, flaws and process changes.
o 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
o 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
- Good 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.
