Job Description

- Focus of the role involves support in the implementation of IFRS 17 reporting across impacted countries in the EMEA region.

- Engagement with regional actuaries to present modelling and methodological options for the appropriate implementation of IFRS 17.

- Validation of Information Requests provide by regional business experts.

- Validation of the IFRS 17 implementation models

- Review produced results and participate in the explanation and communication

- Support the built of the long term IFRS 17 reporting infrastructure.

- Reporting to EMEA Steering Committee on progress and appraisal of emerging project issues.

- Meticulous planning and stakeholder management

- Develop strong working relationships and strategic partnerships with internal clients

Key Responsibilities:

- Participate in the development of cash flow models for the countries in scope

- UAT of the cash flow and Risk Adjustment models

- Participate in the IFRS 17 modelling and testing of the results

- Participate in the completeness test and end to end calculations

- Engage with local teams or other executives in determining the best estimate assumptions and parameters

- Explain the features of the models and standard to local executives

- Participate in the reporting and regulatory communications around implementation if the IFRS 17

- Interpret and explain the methodological aspects of IFRS 17

- Participate in the design of the production environment of IFRS 17

Key Performance Indicators (KPIs) of Position:

- Delivery to project deadlines

- High standards of technical rigor

- Strong communication and stakeholder management

Essential experience, skills and competencies:

- 8+ Actuarial exams

- Experience and knowledge of European and Middle Eastern insurance products

- Experience with MS Office (Excel - Access)

- Experience with Prophet - actuarial modelling software

- Experience with R statistical package

- Good theoretical knowledge and practical experience of IFRS17 Reporting basis

- Ability to work in a team taking own initiative and consulting with others as appropriate

- Attention to detail combined with respect for deadlines

Advantageous skills and experience:

- Experience of financial or risk reporting of complex financial products.

- Sound understanding of capital markets

- Ability to manage the expectations of others allowing for multiple dependencies

Note - Life Insurance experience is mandatory with minimum 8 Actuarial exams.