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IFRS17 - Transition & Reporting Actuary


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Reference CHIFRS17a
Sector Financial Services & Insurance Jobs
Salary £900 - £1000 per day
Town/City Edinburgh
Locations Midlothian, Scotland, UK
Job Type Contract / Interim
Date Posted 7th Apr

Shortlist Apply Now

Job Description


IFRS17 - Transition & Reporting Actuary

Day Rate Contract - inside IR35, £900 - £1000

UK / Remote Working

12 Months

We have an exciting opportunity for an Actuary to join our financial services client (UK based) on a 12 month DRC working across their IFRS17 Programme.

The successful candidate will work collaboratively across the IFRS17 programme; analysing, developing and challenging the implementation and reporting of the transitional balance sheet, ensuring UK accounting/actuarial treatment papers are produced that are compliant with the IFRS 17 standard

Responsibilities:

  • Building a close working relationship with the data team, IFRS17 model development team, Business As Usual modelling team and Capital Methodology team; ensuring a consistent and collaborative approach to the restatement of the opening balance sheet for IFRS17
  • Understanding and explaining the transitional results to senior stakeholders and external auditors; assessing the potential consequences of the changes in methodology, approaches or assumptions used to calculate the transitional balance sheet
  • Involvement in the preparation, review and challenge of transitional balance sheet produced for inclusion in IFRS17 Dry Runs

Skills, Qualifications & Experience:

This role will require both solid actuarial reporting experience as well as previous experience working in fast paced and demanding change environment.

  • Previous experience working on / exposure to IFRS17 is essential
  • Extensive UK actuarial reporting experience
  • Experience and skills in managing change, including rule interpretation and seeking solutions
  • Insurance experience, including product knowledge and the implications for actuarial modelling
  • Excellent Excel & Prophet modelling skills
  • Strong analytical and problem-solving skills & attention to detail
  • Financial reporting experience - SII, IFRS
  • Experience of building relationships, managing and influencing stakeholders across the business
  • Ability to collaborate with other programme team members and drive delivery to successful outcome

To apply, please use the 'Apply Online' link below.

For any further queries regarding the role, please contact chris.halliday@sandersonplc.com

 

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