Assistant Vice President

4 weeks ago

Mumbai, India Tata AIA Life Insurance Full time

A Position Overview

Position Title

AVP

Department

IFRS 17 Implementation

Level / Band

601/AVP

Role Summary : 

Implementation of IFRS 17 from actuarial perspective

Provide support in finalization of policy choices and technical position papers Ensure that prophet model development / enhancement for IFRS 17 is accurate and follows best practice Carrying out various testing ., UAT at all stages of IFRS 17 implementation including new business and opening balance sheet preparation  Provide support in preparation of final set of Ind AS complaint financial statements Engage and work with various internal and external stakeholders to ensure success of the IFRS 17 implementation

B Organizational Relationships

Reports To

Vice President

Supervises

2-3

C Job Dimensions

Geographic Area Covered

Pan India

Stakeholders Internal

Actuarial, Finance and Technology Function

External

Knowledge partner consultants/Regulator/Shareholders

D Key Result Areas

Reporting 

Successful implementation of IFRS 17

E Skills Required

Technical

8-12 years of core actuarial experience of working with an Indian Life Insurance Company (Desired) Prophet modelling experience 

Behavioral 

Essential

Desired

Interpersonal skills

·

Communication skills

·

Creative thinking skills

·

Supervising/Leadership skills

·

Teamwork Skills

·

Influencing skills

·

Relationship Building skills

·

Decision making skills

·

F Incumbent Characteristics

Essential

Desired

Qualification

Qualified actuary / Nearly qualified actuary

Qualified Actuary

Experience

8-12 years of core actuarial experience including team management experience 

Knowledge of IFRS 17 and Prophet Modelling 

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