- Group reporting
- Regulations reporting
- Budgets and forecast
- Process income tax per client onto the general ledger
- Pay reinsurers and submit reinsurance bordereaux
- Prepare Balance Sheet reconciliations per client
- Draft IFRS 17 position papers for insurance entities
- IFRS 17 outlines specific accounting policy choices an entity is required to make to set its methodology
- Premium allocation approach eligibility
- Liability for Remaining Coverage (LFRC) adjusted for financial risk and time value of money where a significant financing component exists
- Liability for Incurred Claims (LIC) adjusted for time value of money and financial risk where claim settlement delays exceed one year
- Presentation & Disclosure: Disaggregation of Insurance finance income and expense (P/L vs OCI)
- Recognition of acquisition cash flows (expense vs capitalise)
- Presentation & Disclosure: Determining the reporting frequency
- Risk adjustment: Disaggregation of risk adjustment (Insurance service result vs insurance finance income or expenses)
- Reinsurance: Presentation of income / expenses from reinsurance contracts held (present gross vs net)
- Identification and classification: Fixed fee service contracts
- CA(SA)
- 2 years of experience from an insurance space is essential
- Advanced Excel knowledge
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Technical Accountant: IFRS 17
Found in: Talent ZA C2 - 8 hours ago
Hollard Recruitment Sandton, South Africaexciting new opportunity has just become available in our HINT, Finance area. We are looking to recruit a Technical Accountant: IFRS 17 (2 year contract). · Reporting directly to Group Consolidation and Reporting Specialist, this role is responsible for the HINT parent company's ...
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Senior Actuarial Analyst
Found in: Talent ZA C2 - 3 days ago
Munich Re Johannesburg, South AfricaCareer Level 3 · Munich Reinsurance Company of Africa Limited (MRoA) has been operating in South Africa for over 50 years, although the Munich Re (Group) was active on the Continent via Munich Re in Munich for some years before commencing the Southern African operation in Johanne ...
IFRS17 Specialist - Centurion, South Africa - Network Recruitment
Description
This organization is a market leader making waves in the insurance industry. The successful candidate will need to be well-rounded in implementing IFRS 17 exposure and be able to perform the day to day basic accounting functions for the business.Duties and Responsibilities:
Skills and Qualifications: