Posted By
Posted in
Banking & Finance
Job Code
1331412
Key Responsibilities & Accountabilities:
- Creation of Road map of activities for implementation Ind AS
- Identify the impacts of Ind AS on the business model with financial impacts.
- Carry out financial impact analysis on financials and reporting required as required under IRDA and other regulatory guidelines.
- Identify and implement the system changes and creation of business decision as per standard
- Work along with IT, Products and Actuarial team to develop system design, architecture and provide necessary inputs from finance for creation of Business requirement document (BRD).
- Implement significant technical changes & transition data preparation and pilot testing
- Carry out dry run and testing on the new system and verify the outcome of the same.
- Prepare comparative financial statement and reinstate the balances as per the standard.
- Preparation of the financial statements from the new applications and carry out the post implementation testing.
- Facilitate all the Statutory and regulatory reporting and reconciliation with existing Policy admin database and Financial system
- Analytical review of Revenue accounts and month on month variance account analysis
- Liasoning with Statutory & Internal Audit, IFC, IRDA and resolution of Audit queries.
Knowledge/Skills Required:
- Qualification: Qualified Chartered Accountant with 3-5 years of experience, preferable in insurance industry.
- Excellent knowledge on IGAAP and International AS
- Handled the role of preparation of financials and Ind AS implementation, knowledge of Premium, commission, claim cycle
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Posted By
Posted in
Banking & Finance
Job Code
1331412
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