Interim IFRS17 Specialist

Job Title: Interim IFRS17 Specialist
Contract Type: Temporary
Location: Cardiff
Salary: £500.00 - £600.00 per day
Reference: 3977355_1620222043
Contact Name: Peter Gillet
Contact Email:
Job Published: May 05, 2021 14:40

Job Description

Interim IFRS17 Specialist - Large Insurance Company - 6-9 months

Your new company
A large Financial Services business with global scope. They are fast paced and forward thinking, with an ethos that challenges the traditional insurance market. Given updates and changes in compliance, they are looking for an IFRS 17 Specialist to help them transition with a change of software.

Your new role
Working closely with the technical accounting policy workstream to ensure the solution meets the business requirements. This will involve:

  • reviewing and testing the data and reporting from source systems (actuarial, policy & administration, expense and finance ledgers) to ensure that the correct data can be sourced to drive the accounting and reporting requirements.
  • Modelling business requirements and use cases as a basis for testing the configuration and outputs of the system
  • Working with the vendor to ensure that the accounting & reporting solution is correctly configured and designed in readiness for validation and testing
  • Becoming an SME on the product (GMM, PAA measurement models), including:

the underlying transactions and data requirements,
how they drive the associated accounting rule
how to design and implement into the central solution
how to design and configure required reporting within the system
assistance in the knowledge transfer of the product to users across the business

  • Assistance in the development of the new accounting and reporting processes to feed into the IFRS 17 product.
  • Working closely with the insurance businesses across the Group (including UK, Gibraltar, the US, Spain, Italy and France) to support and develop their understanding of the central accounting & reporting solution
  • Significant involvement in the design, planning and execution of the accounting & reporting solution system both from a functional and user perspective
  • Supporting the testing and data workstreams
  • Working with central and local project management, including local workstreams, to support planning and execution of delivery plans

What you'll need to succeed
An experienced IFRS17 specialist, ideally with experience within insurance.

What you'll get in return
Good day rate, largely remote contract with some travel to the Cardiff office over the 6-9 months of the contract.

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call Peter Gillet on 02920222422.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

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