Chief Manager

21 hours ago

Gurgaon Haryana, India Max Life Insurance Full time

BRIEF PROFILE AND WORK EXPECTATIONS FROM THE CANDIDATE Run the IND AS 117 Steercom weekly update call with senior leaders Run the IND AS 117 Project Management Office IND AS 117 proforma financials as asked by the regulator Actively participation on IND AS working group calls Track the IND AS 117 progress as per agreed project plan Conducting sessions with senior leaders on IND AS 117 with the help of consultant or own its own Capability building on IND AS 117 through engaging cross functional teams Review the outputs of UAT test cases and provide the sign off Ability to conduct process walk-throughs of current processes and highlight recommend process gaps flaws and process changes Ability to map peer company s stand policy choices considered on IND AS 117 Ability to run summary presentations for facilitating discussions at various levels viz Steer Co parent companies industry forums etc Understand and run IND AS 117 process and system changes related to insurance products Ability to review 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 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 DESIRED COMPETENCES QUALIFICATIONS Chartered Accountant Minimum 10-15 years of experience post qualification Life Insurance experience in financials Regulatory reporting or Big 4 experience in IFRS 17 implementation Good knowledge of IND AS Accounting Standards IRDAI regulations etc BRIEF PROFILE AND WORK EXPECTATIONS FROM THE CANDIDATE Run the IND AS 117 Steercom weekly update call with senior leaders Run the IND AS 117 Project Management Office IND AS 117 proforma financials as asked by the regulator Actively participation on IND AS working group calls Track the IND AS 117 progress as per agreed project plan Conducting sessions with senior leaders on IND AS 117 with the help of consultant or own its own Capability building on IND AS 117 through engaging cross functional teams Review the outputs of UAT test cases and provide the sign off Ability to conduct process walk-throughs of current processes and highlight recommend process gaps flaws and process changes Ability to map peer company s stand policy choices considered on IND AS 117 Ability to run summary presentations for facilitating discussions at various levels viz Steer Co parent companies industry forums etc Understand and run IND AS 117 process and system changes related to insurance products Ability to review 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 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 DESIRED COMPETENCES QUALIFICATIONS Chartered Accountant Minimum 10-15 years of experience post qualification Life Insurance experience in financials Regulatory reporting or Big 4 experience in IFRS 17 implementation Good knowledge of IND AS Accounting Standards IRDAI regulations etc

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