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Financial Systems Analyst (IFRS)
Financial Systems Analyst (IFRS)Magma General Insurance Limited • Republic Of India, IN
Financial Systems Analyst (IFRS)

Financial Systems Analyst (IFRS)

Magma General Insurance Limited • Republic Of India, IN
1 day ago
Job description

Department : IFRS Project / Technology

Total Work Experience : 10-15 years

Education : B Tech / CA

Duties and responsibilities : -

  • Assessing the Policy Admin System, Claim, GL and MIS systems in line with business requirements to identify the GAPs for IFRS solution
  • Work with Functional teams (Actuary & Finance) for identification, definition of Critical Data Elements for Reserving and IFRS solution.
  • Scoping of requirements from Actuarial, Finance, Underwriting, Claim, Products & IFRS consultants for convert into a detailed business requirement document.
  • 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.
  • Validate accuracy, completeness and integrity of data being used since inception. Scope historic data migration for transition date.
  • Document all data flows of required systems including its automation and reconciliation and include the same in the system integration testing during UAT cycles.
  • 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.
  • Handholding stakeholders during the development phase by ensuring timely clarity on the business requirement document.
  • Handling projects related to IT developments / automation.
  • 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.
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    Financial Analyst • Republic Of India, IN

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