Financial Services Advisory (FSA): Technical Accounting Insurance Manager/ Senior Manager at Deloitte

Job Description
Main Purpose of Job

• Role of Manager in the IFRS Advisory sub-division within the Financial Services Advisory service line.

Responsibilities include:

• Supporting the development and implementation of the insurance strategy within Financial Services Advisory. This strategy is targeted at Tier 1 and Tier 2 insurers and requires a level of competence in the areas of insurance process accounting, IFRS 17, SAM and regulatory reporting.
• Delivering on the following service offerings to clients within the competencies listed above, with a specific focus on IFRS 17 delivery:
• Business impact assessments and gap analyses;
• Technical accounting opinions and advice;
• Development of financial reporting templates, financial statements and general ledger configurations;
• Development of stakeholder communication
• Secondments to clients to support their IFRS 17, regulatory reporting and/or SAM processes;
• IFRS 17 implementation and financial reporting transformation projects, supported by the Deloitte Risk Advisory, Actuarial & Insurance Solutions, Human Capital and Tax divisions.
• Developing expertise in other International Financial Reporting Standards that impact insurers, including IFRS 9, IFRS 13 and IFRS 15.
• Actively supporting in identifying sales opportunities in the insurance market and contributing to the preparation of proposals/tenders and presentations for these clients.
• Identifying innovative solutions on projects / engagements to enhance / renew service offerings to client.
• Preparing and delivering of training material to internal and external stakeholders.
• Contributing to thought leadership and sharing of knowledge and expertise with clients, colleagues and teams.
• Managing client engagements and maintaining oversight of all engagements / projects within sphere of responsibility.
• Acting as a coach/mentor in developing team members and counselees on an ongoing basis.
• Empowering analysts through appropriate delegation of work.

Qualifications

• Qualified CA’s / Manager with 1 to 2 years from a Big 4 Professional services firm or currently be working at an Insurer.
• Must have prior Insurance Industry experience and be interested in implementing new accounting standards like IFRS17
• Must have current technical accounting experience
• Must be willing to invest time to skill up to be able to implement once training has been provided
• Prior involvement in implementing a new accounting standard such as IFRS 9, 15 or 16 will be advantageous