Insurance Finance Specialist

4 weeks ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time

### Job Title: Finance Manager

#### About the Role

We are seeking a highly skilled Finance Manager to join our team at Network Recruitment. As a key member of our finance department, you will be responsible for overseeing the IFRS 17 process from a finance standpoint, demonstrating dedication and attention to detail.

#### Key Responsibilities

* Align SAGE accounting figures with underlying policy data through reconciliation efforts
* Collaborate closely with the finance developer to condense extensive policy data for analysis
* Prepare accounting policy position papers, focusing on the disclosure of insurance finance income and expense
* Conduct quantitative analyses to evaluate the financial impacts of different accounting policy options
* Ensure compliance with IFRS 17 standards in the analysis and application of accounting policies
* Develop and deliver IFRS 17 Expenses Training for Non-Executive Directors
* Manage the IFRS 17 Premium Allocation Approach (PAA), including file setup in Risk Integrity software and subsequent accuracy checks
* Assess the accuracy and completeness of IFRS 17 results, including comparisons with IFRS 4 outcomes
* Evaluate the Loss Inclusion Component (LIC) and Risk Component (LRC) within the IFRS 17 framework

#### Requirements

* A certified Chartered Accountant (CA) with a minimum of 5 years of post-qualification experience is a prerequisite
* Thorough experience in IFRS reporting is indispensable
* Proficiency in Reporting and Consolidations at a group level is mandatory
* Previous engagement with Executive Committee (EXCO) members and senior stakeholders is strongly preferred
* Past involvement in either insurance or financial settings is beneficial

#### What We Offer

As a Finance Manager at Network Recruitment, you will have the opportunity to work with a talented team of professionals and contribute to the success of our organization. If you are a motivated and experienced finance professional looking for a new challenge, we encourage you to apply.



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