IFRS17 Specialist

SUMMARY:
IFRS17 Specialist

POSITION INFO:

IFRS17 Specialist

Sandton

Corporate Actuarial Team. Ensure that financial reporting meets the IFRS17 standard comfortably by the implementation deadline.

• Preferably passed all actuarial exams, or is very close to completion
• 2 to 4 years work experience (Valuations/Reserving/Pricing are beneficial)
• Exposure to the IFRS17 standard
• Exp in Prophet with 1 to 2 years modelling experience
• Willing to understand short term and long term products as well as Reinsurance contracts
• Strong Excel and analytical skills with good attention to detail

• Applying the requirements of the standard and documenting key decisions taken around ’s methodology and interpretation
• Maintaining and generating the Model Point Files, assumption and decrements needed for long term insurance and reinsurance runs
• Adapting and maintaining the existing Prophet model to be in accordance with the IFRS17 requirements
• Integrating data between Prophet and RiskIntegrity
• Integrating the new IFRS17 process, once established, with the existing monthly valuation process

The implementation of IFRS17 is a large-scale project that will require a positive attitude and ability to break down one’s work into attainable goals.

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