Senior IFRS 17 Financial Analyst

6 days ago


Singapore SINGAPORE LIFE LTD. Full time
About the Role

SINGAPORE LIFE LTD. is seeking an experienced IFRS 17 Financial Analyst to join their team in Singapore. As a key member of the Finance function, you will play a vital role in ensuring timely and accurate financial reporting by preparing actual cash flow data, maintaining configuration files for ETL processes, and preparing thorough analyses and reconciliations.

This is an excellent opportunity for a motivated individual with strong analytical skills and attention to detail to work independently and collaboratively with cross-functional teams. If you have experience in financial reporting, accounting, or audit within the insurance industry, we encourage you to apply.

Key Responsibilities:
  • Prepare and maintain accurate and timely IFRS17 actual cash flow data through ETL processes, including maintaining configuration files and collaborating with IT team.
  • Perform detailed reconciliations, internal controls, and analyses to ensure accuracy and completeness of actual cash flow data.
  • Collaborate with actuarial team to prepare and interpret analyses of IFRS17 results, including variance analysis.
  • Assist in IFRS17 sub-ledger runs, journal upload to GL and related reconciliations.
  • Assist in preparation of audit documentation.
  • Assist in the development and implementation of procedures and process improvements within the IFRS17 finance function.
  • Assist in user acceptance testing and validation of results from source systems, data management layer and IFRS17 system.
  • Collaborate with multiple teams such as Actuarial and IT to implement system changes and enhancements that support end to end IFRS17 process improvements.
  • Maintain documentation of work performed, key findings and solutions as part of the implementation process.
  • Explore opportunities for automation to streamline repetitive and manual tasks.

Requirements:
  • 0-3 years of experience in financial reporting, accounting, or audit within the insurance industry.
  • Experience in IFRS17 is an advantage.
  • Experience in working with source system data extractions and SQL is an advantage.
  • Motivated to work independently.
  • Ability to collaborate effectively with cross-functional teams.
  • Strong analytical skills and attention to detail.
  • Proficiency in Microsoft Excel, Alteryx or other data analysis software is an advantage.

Salary: S$60,000 - S$80,000 per annum, depending on experience.

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