Chief Manager

1 week ago

Gurgaon, Haryana, India maxlifeins Full time ₹ 12,00,000 - ₹ 36,00,000 per year

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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