Ifrs 17 Jobs (NOW HIRING)

Head of Corporate Reporting 

We're adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

The Company

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

The Opportunity

Future focused and always one step ahead

Reporting to the Assistant Controller/CAO, this position is responsible for managing the Group financial reporting process for IFRS 17 and Solvency II ,which includes coordinating and collaborating with the  actuarial and technical accounting functions , ensuring strict compliance with International Financial Reporting Standards, driving process automation, and delivering actionable strategic insights to executive leadership., This role will also be responsible  to support all external audits related to group reporting, including pension and savings plan audits

In addition, this role will also provide technical accounting assistance  on all IFRS and GAAP matters to FMR and business units , including any technical accounting support to the regional insurance entities.

Responsibilities

• Provides strategic  Leadership: and is responsible for the  overall IFRS 17  and Solvency II record-to-report process, coordinating with actuaries, IT, and financial control sub-teams.
• Partner with Actuarial to analyze financial results, evaluate key drivers of IFRS 17 performance, and  business impacts.
• Ensure alignment with local regulatory requirements and Group policies. Manage relationships with internal and external auditors.
• Drive IFRS 17 integration related to any M&A activity, including system enhancements, data reconciliation, and process automation
• Ensure all disclosures align with IFRS and Solvency II reporting requirements as per Group policy, and lead the charge on evolving ESG (Environmental, Social, Governance) and sustainability regulations. [
• Translate complex technical requirements into clear, meaningful reports for the  the senior leadership team and board of directors
• Coordinate with finance, accounting, legal, and operational teams to gather accurate financial and non-financial data.
• Foster a robust control environment, ensuring compliance  and resolving any identified weaknesses.
• Serve as the primary liaison for internal and external auditors

Successful candidates will possess the following skills/capabilities Bookkeeping and/or accounting experience

• Bachelor's degree in Finance, Accounting, or Actuarial Science. Professional certifications like CPA, CA, or ACCA.
• 10 + years' experience in insurance, reinsurance and/or financial services industry
• Deep understanding of insurance accounting, financial modeling, and IFRS 17/IFRS 9 guidelines.
• Proven ability to manage large, high-performing teams and communicate complex accounting concepts clearly to non-financial stakeholders' Excellent communication skills and ability to interact and present to Senior Management.
• Strong analytical skills, project management skills and ability to provide a consulting perspective
• Position requires a self-motivated individual, able to work independently and bring complex issues to resolution.
• Ability to adapt to varied situations during periods of ambiguity, uncertainty, and change
• Ability to communicate in a clear and concise manner, both verbally and in writing
• Ability to manage, supervise, guide and teach others and work effectively with people at varying staff levels and management
• Ability to apply knowledge and expertise to wide ranging and complex problems
• Ability to work under very tight deadlines with extended hours
• Knowledge of Microsoft Office applications and familiarity with SAP system software is preferred