IFRS17 Solutions (Financial Services Insurance) Senior Consultant, Business Consulting

Job description

IFRS17 Solutions (Financial Services - Insurance) Senior Consultant, Business Consulting
Location:
Other locations: Primary Location Only
Date: 18 Mar 2025
Requisition ID:
At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you.

And we’re counting on your unique voice and perspective to help EY become even better, too.

Join us and build an exceptional experience for yourself, and a better working world for all.


We are the only professional services organization who has a separate business dedicated exclusively to the financial services marketplace.

Join Financial Services (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global perspective.

Aligned to key industry groups including asset management, banking and capital markets, insurance and private equity, we provide integrated advisory, assurance, tax, and transaction services.


The Opportunity
EY’s Technology Consulting professionals bring a wealth of experience in working with major financial institutions to align their technology delivery capabilities to their business’ strategic objectives.

We assemble the right multi-disciplinary teams, use consistent and proven global methodologies and tools, and draw on the full breadth of EY’s global network, to deliver value and trusted advice to the clients.


With the recent introduction of the IFRS 17 accounting standards, EY is looking for individuals who are able to drive solutions across the client’s data, systems & process landscape to review & advise on refinement of user requirements, support the architecting of functional designs & solutions to support IFRS 17 project deliverables and advise the technical developer teams on refining their technical designs.


Your Key Responsibilities
Review & feedback on the business requirements developed by the client to ensure clarity for yourself and your team.


Drive the formulation and solutioning of the functional designs to support the IFRS 17 solution.

This will require coordination with actuarial, finance and IT teams.


Participate in solutioning discussions to drive client decision making as well as leveraging SMEs and other workstreams to ensure decisions are grounded on justified studies and best practices.


Understand, communicate and assess major risks and issues that may potentially occur during the systems implementation to the solutions lead.


Perform stakeholder management so that the necessary information is made aware for stakeholder decision.


Skills and Attributes for Success
A good understanding of the Insurance (either Life or Non-Life) and Reinsurance industry and / or robust experience with IFRS 17 implementation projects.


Experience with designing or working with database solutions at a functional level (i.e. relational databases with structured data).


Some experience working with databases & ETL tools (e.g. SQL, Python, SSIS, AWS Glue etc.).


Strong communications skills and able to translate verbal ideas into paper.


Leverage technology to continually learn, improve service delivery and maintain our leading edge best practices.


Strong presentation skills and proficiency in the use of PowerPoint, Word and Excel.


Ability to guide junior team members through strong leadership, coaching and mentoring skills.


To Qualify for the role you must have
Bachelor or Master Degree with a minimum of 3 years’ working experience.


Good business acumen within the financial services sector, with experience in the following discipline:
Hands-on experience in both design and implementation with the ability to drive workshops.


Experience working as part of a Solutions or Business Analyst team within the insurance industry with basic knowledge in finance reporting and actuarial valuation processes.


Proven capabilities in delivering finance transformation projects and programs (related IFRS 17 programs would be a clear advantage).


Ability to establish personal credibility quickly and deliver high quality deliverables.


Ideally, you’ll also have
Worked in a consulting role in a leading consultancy firm or within a solutions / business analyst team in financial services firm for at least 2 years.


Experience of working within ASEAN.


Strong stakeholder management skills in understanding strategic direction and being able to convert into cohesive change management strategy and plans.


What we look for
Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry.

An effective communicator, you’ll be a confident team player that collaborates with people from various teams while looking to develop your career in a dynamic organization.


What we offer
Continuous learning:
You’ll develop the mindset and skills to navigate whatever comes next.


Success as defined by you:
We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.


Transformative leadership:
We’ll give you the insights, coaching and confidence to be the leader the world needs.


Diverse and inclusive culture:
You’ll be embraced for who you are and empowered to use your voice to help others find theirs.


If you can demonstrate that you meet the criteria above, please contact us as soon as possible.


Apply now.


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