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IFRS 17 Manager (Regional role, up to 70k)

  • Location:

    Hong Kong

  • Sector:

    Accountancy & Finance

  • Job type:

    Permanent

  • Salary:

    HK$50000 - HK$70000 per month + guaranteed bonus

  • Contact:

    Stanley Lo

  • Contact email:

    Stanley.Lo@oliverjames.com

  • Job ref:

    JOB-112022-185779_1670378428

  • Published:

    over 1 year ago

  • Expiry date:

    2023-01-06

An excellent opportunity for candidates with solid IFRS 17 implementation experience to join a market leading life insurer. The position provides regional exposure with good working culture and other benefits such as flexible working hours. The suitable candidate will work under an experienced and sophisticated line manager with great reputation in the industry.

Responsibility:

  • Manage project time line and coordinate with IFRS 17 project team members, including PMO, Actuarial and IT
  • Work on IFRS 17 user acceptance testing, results generation and analysis
  • Report defects and deficiencies in IFRS 17 calculation engine and data inputs to all parties
  • Work with the actuarial team to assess the reasonableness of IFRS 17 results under GMM, VFA and PAA
  • Draft IFRS 17 technical accounting papers, design and build system logic for IFRS 17 accounting system, including the design of Chart of Accounts, journal entries flowcharts, and disclosure template.
  • Participate in general ledger integration between IFRS 4 and IFRS 17
  • Build the accounting logic outside the sub ledger to bridge the gap between IFRS 4 and IFRS 17 for cash transactions, such as claims, attributable expenses, premium and other expenses.

Requirements:

  • Degree holder in Business Administration, Statistics, Risk Management or Finance / Accounting
  • Solid IFRS 17 knowledge and implementation experiences
  • Fluency in both written and spoken English
  • Experience in life insurance industry or sizeable financial institution
  • At least and over 5 years relevant working experience

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