▷ High Salary: Chief Manager

Job Description

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.