AVP – IT Actuarial, Finance & Investment Systems

Job Title: AVP IT Actuarial, Finance & Investment Systems

Grade: M5L3

Location: (as applicable)

Function: Information Technology Insurance Systems

Role Overview

We are seeking an experienced AVP IT Actuarial, Finance & Investment Systems to lead and drive technology initiatives across Actuarial, Accounting, and Investment platforms within an insurance environment. The role will play a critical part in IFRS 17 / Ind AS 117 system readiness, core accounting platform management, and delivery of large-scale transformation programs.

This position requires strong domain expertise in insurance finance systems, hands-on technical capability, and proven project and stakeholder management skills.

Key Responsibilities

IFRS 17 / Ind AS 117 & Systems Transformation

• Drive system readiness and implementation for IFRS 17 / Ind AS 117 across Actuarial, Accounting, and Investment systems.
• Work closely with Actuarial, Finance, and Investment stakeholders to align system design with regulatory and business requirements.
• Support implementation and integration of CSM engines, valuation platforms, and GL systems.

Core Systems Management

• Manage and oversee Core Accounting Platforms, Actuarial Valuation Systems, Portfolio Management Systems, and related integrations.
• Ensure robust data reconciliation, posting logic accuracy, and financial controls across systems.
• Strengthen automation and control frameworks to improve data quality and reporting reliability.

Project & Program Management

• Define project scope, objectives, deliverables, and success criteria in collaboration with stakeholders.
• Develop detailed project plans, timelines, budgets, and resource allocation models.
• Manage changes in scope, schedule, and cost using appropriate governance and validation techniques.
• Ensure delivery of projects on time, within scope, and within budget.
• Track and measure project performance using established metrics and reporting tools.
• Perform proactive risk identification, mitigation, and escalation.

Leadership & Stakeholder Management

• Lead and mentor technical and functional teams across development and delivery.
• Coordinate with internal teams, vendors, and system integrators.
• Organize and lead regular project review meetings with a structured communication plan.
• Create and maintain comprehensive project and system documentation.

Required Skills & Competencies

Domain & Functional Expertise

• Strong knowledge of GL systems for insurers, Actuarial Valuation Platforms, and Portfolio Management Systems.
• Working understanding of IFRS 17 / Ind AS 117, CSM concepts, and insurance accounting processes.
• Good understanding of Insurance Core Policy Administration Systems and payout systems.
• Experience working with reconciliation tools and financial controls.

Technical Skills

• Expertise in programming and technologies such as .Net, Java, Python, RDBMS, and system integration techniques.
• Experience in application development, system integration, and large-scale IT implementations.

Leadership & Project Management

• Proven experience in project and program management within financial services or insurance.
• Strong leadership, decision-making, organizational, and communication skills.
• High attention to detail, quality orientation, and stakeholder management capability.
• Good working knowledge of project estimation techniques and delivery governance.

Experience & Qualifications

Education

• BE / B.Tech / MCA / MSc (Computer Science) or equivalent.

Experience

• 10+ years of overall experience in software development and project management.
• Minimum 3+ years of hands-on experience with GL systems for insurers, Actuarial Valuation Platforms, or Portfolio Management Systems.

Preferred Qualifications

• Certifications in IFRS, LOMA, AIII, Fellowship, or CFA Level 1.

Why Join Us

• Opportunity to lead critical IFRS 17 / Ind AS 117 transformation initiatives.
• High-impact leadership role within insurance finance and actuarial systems.
• Exposure to complex, enterprise-scale platforms and regulatory programs.

Interested Candidates Can Share Their Updated Resume on jeena.sunil@evokehr.com