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6 Ifrs 17 Jobs

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2.0 - 5.0 years

2 - 5 Lacs

Mumbai, Maharashtra, India

On-site

Responsibilities: Business Requirements & Functional Design: Define and consolidate comprehensive business requirements specifically for IFRS 17 solution implementations . Formulate the detailed functional design for the IFRS 17 solution, ensuring alignment with client needs and regulatory standards. Cross-Functional Coordination: Coordinate effectively with IT, actuarial, and finance teams to thoroughly understand their requirements and clearly explain the design of IFRS 17 solutions. Data Advisory: Provide expert advisory services on data requirements necessary for IFRS 17 computation and reporting, ensuring data integrity and completeness. Configuration & Testing: Perform the configurations of the IFRS 17 solution as per the approved design and meticulously test these configurations to ensure accuracy and functionality. Testing Support: Provide dedicated support during System Integration Testing (SIT) and User Acceptance Testing (UAT) phases, assisting with issue resolution and validation. IFRS 17 Expertise: Apply a strong understanding of IFRS 17 requirements, economic or market issues, and the ability to interpret their impact on clients financial reporting. Industry Knowledge: Demonstrate a strong understanding of the Insurance and Reinsurance industry , including its nuances and operational aspects. Analytical & Problem-Solving: Exhibit strong analytical and problem-solving skills, capable of dissecting complex financial and accounting challenges. Multi-tasking & Prioritization: Proven ability to manage multiple tasks/activities concurrently and prioritize them appropriately to meet project deadlines. Presentation & Communication: Utilize strong presentation skills and proficiency in PowerPoint, Word, and Excel. Demonstrate strong communication skills, evidenced by effective collaboration with people and teams from diverse backgrounds. Technological Leverage: Leverage technology to continually learn, improve service delivery, and maintain leading-edge best practices in insurance accounting. Required Skills: Good understanding of IFRS 17 requirements , economic or market issues, and the ability to interpret their impact on clients. Highly numerate. A strong understanding of the Insurance and Reinsurance industry . Strong communications skills and evident working with people and teams from different ethnic backgrounds. Ability to leverage technology to continually learn, improve service delivery, and maintain leading edge best practices. Strong presentation skills and proficiency in the use of PowerPoint, Word, and Excel . Demonstrated strong analytical and problem-solving skills. Proven ability to manage multiple tasks/activities and prioritize appropriately.

Posted 1 week ago

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5.0 - 10.0 years

5 - 15 Lacs

Bengaluru

Work from Office

Qualifications & Skills: Industry Experience: 5+ years of experience as a Business Analyst/SME in Life Insurance. Hands-on experience with core life insurance platforms (policy administration, underwriting, or claims systems). Strong understanding of rating engines, pricing models, and underwriting rules. Experience with term life and whole life insurance products. Technical & Analytical Skills: Background in pricing system integration and rules engine configuration. Ability to analyze actuarial pricing models and translate them into business requirements. Proficiency in documentation tools such as Visio, Confluence, JIRA, and Excel. Business & Communication Skills: Strong analytical and problem-solving skills. Excellent communication skills for effective collaboration with business and IT teams. Ability to work independently and drive digital transformation initiatives. Preferred Qualifications: Experience with Neutrinos, Low-Code/No-Code platforms, or automation tools. Knowledge of regulatory frameworks (e.g., NAIC, IFRS 17, or GAAP for Life Insurance). Exposure to APIs, digital insurance ecosystems, and pricing model integration Skills : - Business Analyst, SME, Life Insurance, policy administration, underwriting systems, claims systems, rating engines, pricing models, underwriting rules, term life insurance, whole life insurance, pricing system integration, rules engine configuration, actuarial pricing models, business requirements, Visio, Confluence, JIRA, Excel, analytical skills, problem-solving, communication skills, business collaboration, IT collaboration, digital transformation, Neutrinos, Low-Code, No-Code, automation tools, regulatory frameworks, NAIC, IFRS 17, GAAP, APIs, digital insurance ecosystems, pricing model integration.

Posted 1 month ago

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7.0 - 12.0 years

9 - 14 Lacs

Bengaluru

Work from Office

Reports to : Appointed Actuary About the Role Weare looking for a dynamic actuarial professional for our Reserving andReporting team. The ideal candidate will bring deep expertise in actuarialreserving principles and hands-on experience in regulatory and financialreporting frameworks. This is a key role that will contribute to the companysrisk, compliance, and financial strategy. Key Responsibilities Quarterly and annual actuarial reserving processes. Prepare regulatory submissions including solvency margins, RBC reports, and actuarial valuation report Support in implementation and compliance with IFRS 17 and other evolving reporting frameworks Collaborate with finance, risk and underwriting teams to ensure data integrity and timely reporting Contribute to internal actuarial analyses and scenario testing Manage actuarial inputs and responses for internal and external audits Present key findings and recommendations to appointed actuary Manage pricing of large proposals and tenders, issuance and business monitoring What Were Looking For: 57 years of relevantactuarial experience in general insurance. Strong understanding of actuarial reserving methods and regulatory frameworks (IRDAI,RBC,IFRS 17). Progress towards actuarialqualification (minimum 68 actuarial exams cleared). Excellent analytical,communication, and stakeholder management skills. Experience with actuarialsoftware/tools (e.g., Excel, SAS, Python, SQL etc.).

Posted 2 months ago

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4.0 - 9.0 years

15 - 30 Lacs

Gurugram, Delhi / NCR, Mumbai (All Areas)

Work from Office

1. 4-7 years of actuarial experience in Insurance or Consulting Firms in Non-Life domain 2. At least 6 actuarial papers passed from IAI / IFoA as per the new curriculum 3. Prior experience with IFRS 17 / Ind AS 117 preferred 4. Prior experience of working in the India domestic market through insurance or consulting preferred

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7.0 - 12.0 years

15 - 27 Lacs

Gurugram

Hybrid

Job Location: Gurugram Mode of work: Hybrid Techno-functional Role(Python scripting + IFRS 9 Reporting) Skillset required: CA/CWA/MBA/any Graduate-Finance - Python writing and reading scripting experience + IFRS 9 +With Insurance Background Interested can share updated resume in-line with JD if skill set matches to gramashetty@allegisglobalsolutions.com Principal responsibilities Customers / Stakeholders Ensure support is provided as per requirement to onshore counterparts Attend/Organize all business calls /meetings and drive issue resolution as required Respond to queries from senior group level management as appropriate Leadership & Teamwork Drive performance metrics in line with requirements. Manage peak loads of work and also identify and re-engineer processes to reduce month end workload. Operational Effectiveness & Control Ensure proactive controls in place to highlight issues before they are picked up by business. Manage the Operational Risk and maintain cross training for all deliverables. Qualifications - Externa l Qualified CA / CWA with at least 10+ years of post-qualification experience in accounting Qualified MBA finance with at least 10+ years of post-qualification experience from reputed institutes Past experience of working in insurance companies, consultancy or organization of repute will be an advantage. Ability to develop effective working relationships with business partners/customers Ability to bring analytical rigour, structure and solution to problematic areas. An excellent attention to detail. Very good working knowledge of Microsoft Office is essential. Is expected to have strong technical understanding of accounting principles and demonstrated competence in their application. Ability in Business Reporting and Analysis Business Expert knowledge of Python software proficiency in write and edit scripts Exposure to IFRS17 accounting and reporting as per standard Should be having good understanding of IFRS 9 and investment accounting and reporting Should be a subject matter expert on preparation of Entity Financial Control Activities Ledger Close, Cost Analysis, SARACEN Primary and Supplementary Financials, Analytical Reviews, Balance Sheet Reconciliations and Substantiation Should have in-depth knowledge around preparation and review of the schedules and financial results for Insurance entity Should be able to comprehend and implement the controls and procedures in regard to Financial Control processes Review and processing of receipts, adjustments and preparation of underwriting booking data underwriting analysis Preparation of reports and documents for Global and Local Employee Benefits stakeholders Regards, Gopala BR HR Talent Acquisition

Posted 2 months ago

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7 - 12 years

15 - 27 Lacs

Gurugram

Hybrid

Job Location: Gurugram Mode of work: Hybrid Skillset required: CA/CWA/MBA/any Graduate-Finance - Python writing and reading scripting experience + IFRS 9 &17 both +With Insurance Background(Pref but not mandatory) Interested can share updated resume inline with JD if skillset matches to gramashetty@allegisglobalsolutions.com Principal responsibilities Customers / Stakeholders Ensure support is provided as per requirement to onshore counterparts Attend/Organize all business calls /meetings and drive issue resolution as required Respond to queries from senior group level management as appropriate Leadership & Teamwork Drive performance metrics in line with requirements. Manage peak loads of work and also identify and re-engineer processes to reduce month end workload. Operational Effectiveness & Control Ensure proactive controls in place to highlight issues before they are picked up by business. Manage the Operational Risk and maintain cross training for all deliverables. Qualifications - External Qualified CA / CWA with at least 10+ years of post-qualification experience in accounting Qualified MBA finance with at least 10+ years of post-qualification experience from reputed institutes Past experience of working in insurance companies, consultancy or organization of repute will be an advantage. Ability to develop effective working relationships with business partners/customers Ability to bring analytical rigour, structure and solution to problematic areas. An excellent attention to detail. Very good working knowledge of Microsoft Office is essential. Is expected to have strong technical understanding of accounting principles and demonstrated competence in their application. Ability in Business Reporting and Analysis Business Expert knowledge of Python software proficiency in write and edit scripts Exposure to IFRS17 accounting and reporting as per standard Should be having good understanding of IFRS 9 and investment accounting and reporting Should be a subject matter expert on preparation of Entity Financial Control Activities Ledger Close, Cost Analysis, SARACEN Primary and Supplementary Financials, Analytical Reviews, Balance Sheet Reconciliations and Substantiation Should have in-depth knowledge around preparation and review of the schedules and financial results for Insurance entity Should be able to comprehend and implement the controls and procedures in regard to Financial Control processes Review and processing of receipts, adjustments and preparation of underwriting booking data underwriting analysis Preparation of reports and documents for Global and Local Employee Benefits stakeholders Regards, Gopala BR HR Talent Acquisition

Posted 2 months ago

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