We are looking for an experienced Actuary with strong knowledge in IFRS17 implementation. Your responsibilities will include coordinating with Regional Actuaries and Finance, assisting in formulating implementation plans, providing training and support, and resolving policy questions. You should have a Bachelor's or Master's degree in Mathematics, Statistics, Economics, Physics, and at least 4 years of experience in the P&C actuarial domain. Strong data organization, analytical, and problem-solving skills, as well as excellent communication skills, are essential for this role. Join our team and contribute to the implementation of IFRS17!
The job responsibilities include the following:
- Filling in gaps and upskilling Regional Actuaries with knowledge on IFRS17.
- Coordinating and working with Regional Actuaries and Finance in IFRS17 implementation.
- Assist in formulating implementation plans and management of such plans.
- Precise and timely completion of implementation tasks within the plan.
- Active liaison with the core policy team to resolve policy questions and local implementation issues.
- Support actuarial planning at a Legal Entity/ Regional level.
- Provide training and support for systems and calculation engines where local actuaries are completing tasks.
- Support Regional Actuaries and Finance with ad-hoc queries and requests.
- Assist local entities with regulatory requests such as quantitative impact studies.
- Prepare written documentation and presentations on the results of technical analysis.
- Provide support in documenting current processes and new IFRS requirements.
About the Team
The IFRS17 Actuarial Implementation team is part of the Bangalore P&C Reserving Hub and falls under the Global Actuarial P&C Re function.
About you
- Bachelor's or Master's degree in Mathematics, Statistics, Economics, Physics or equivalent field
- 4+ years of experience in the P&C actuarial domain
- Actively working towards the attainment of an actuarial qualification
- Experience in statutory reporting for P&C branch entities
- Practical experience in insurance accounting (USG, IFRS4, Other)
- Excellent knowledge of insurance accounting principles
- Ability to work independently and accurately, with attention to detail and timely delivery
- Strong data organization, analytical, modelling, and problem-solving skills
- Excellent oral and written communication skills, desire for learning new concepts
- Ability to communicate complex technical concepts and results in a clear and detailed manner