Technology Specialist - IFRS

Department: IFRS Project/Technology

Total Work Experience: 10-15 years

Education: B Tech/CA

Duties and responsibilities:-

1. Assessing the Policy Admin System, Claim, GL and MIS systems in line with business requirements to identify the GAPs for IFRS solution
2. Work with Functional teams (Actuary & Finance) for identification, definition of Critical Data Elements for Reserving and IFRS solution.
3. Scoping of requirements from Actuarial, Finance, Underwriting, Claim, Products & IFRS consultants for convert into a detailed business requirement document.
4. Identifying existing data gaps for IFRS solution. Co-ordinating between the business users, Technology teams, IFRS Solution Provider and Business Transaction system OEM for regular discussion to ensure the alignment of requirement and time resolution for the queries.
5. Validate accuracy, completeness and integrity of data being used since inception. Scope historic data migration for transition date.
6. Document all data flows of required systems including its automation and reconciliation and include the same in the system integration testing during UAT cycles.
7. Design end-to-end test scenarios for IFRS solution with support of business users and support in its conclusion with UAT sign off from users.
8. Handholding stakeholders during the development phase by ensuring timely clarity on the business requirement document.
9. Handling projects related to IT developments/automation.
10. Providing ongoing production support.

Specialized skills, competencies, qualification, and experience:-

Experience: Min 10 years of working experience in the General Insurance Domain. Prior experience of working on IFRS projects would be an added advantage.

Key Skills:

• Working knowledge on basic Database Ingress & Hygiene operations
• Basic understanding of ETL operations
• Understanding of GL/ERP systems
• Understanding of Project Tasks and its management.