FAAS Sr Manager Stat Reporting- Reinsurance

EY

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profile Job Location:

Delhi - India

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

At EY were all in to shape your future with confidence.

Well help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.

Join EY and help to build a better working world.

EY- Assurance Senior Manager- FAAS Reinsurance accounting and reporting

At EY youll 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 were 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.

In a world thats changing faster than ever our purpose acts as our North Star guiding our more than 300000 people providing the context and meaning for the work we do every doing so we play a critical role in building a better working world for our people clients and communities. Thanks to our innovative services in auditing tax consulting as well as transaction and management consulting we proudly drive our clients into the future.

From small businesses to some of the worlds best-known brands our clients count on reliable financial

statements information and processes to inform their ongoing strategies. More than ever business is about interpreting and reacting to complex data and they look to us for advice and services they can trust every time. Youll use your professional skills and experience to make it happen so whether youre looking for a long-term or are interested in progressing on to other areas this is a great place to be. As the only one of the Big 4 with a specialist cross-border practice we offer our clients seamless consistent and high-quality services around the globe. With our Assurance Services we strengthen public confidence in global capital markets and promote sustainable growth. If youre looking to develop your individual skills whilst working in interdisciplinary and multicultural teams come join us.

The opportunity

We are seeking an accomplished Senior Manager to lead endtoend advisory and delivery initiatives across Insurance and Reinsurance Accounting & Reporting covering ceded and assumed treaty accounting GAAP/STAT/IFRS compliance financial reporting system transformations and governance.

You will collaborate closely with onshore teams across the Americas EMEIA and APAC oversee complex engagements guide managers and teams and drive operational excellence across diverse insurance and reinsurance portfolios.

This role requires deep technical expertise strong leadership the ability to influence senior stakeholders and the capability to build highperforming teams while delivering highquality client outcomes.

Your key responsibilities:

Engagement Leadership & Quality Oversight

  • Lead and oversee delivery of complex insurance and reinsurance accounting and reporting engagements ensuring accuracy timeliness and compliance with GAAP/IFRS/STAT
  • Review and guide the teams work across treaty onboarding Day1 setup premium/loss booking settlement execution collateral monitoring and financial reporting.
  • Direct daily engagement progress monitor milestones and communicate status updates and risks to leadership and clients.
  • Review and validate accounting conclusions variance analyses and technical interpretations of treaty terms and regulatory requirements.

Technical Excellence & Advisory

  • Provide expert technical guidance on reinsurance treaty structures (ceded and assumed) deposit accounting retroactive covers LPT/ADC commutations IBNR and recoverable.
  • Lead research and interpretation of accounting standards (IFRS 17 LDTI US GAAP STAT) and provide technical memos whitepapers and issue resolutions.
  • Review and oversee development of accounting policies disclosure requirements and reporting frameworks across insurance and reinsurance portfolios.
  • Support regulatory reporting including Schedule F Schedule S Schedule H and management reporting packages.

Process Controls & Transformation

  • Oversee SOX controls control matrices RACIs process narratives and operational governance for insurance and reinsurance cycles.
  • Lead transformation initiatives including automation process optimization system migrations and standardization across multiple legal entities.
  • Ensure robust internal controls across settlement processes treaty setup data flows and cross-functional dependencies.

CrossFunctional & Stakeholder Management

  • Partner with underwriting claims actuarial controllership and finance teams to ensure accuracy and completeness of reinsurance data.
  • Manage senior stakeholder engagement address complex queries and provide proactive insights on accounting impacts treaty performance and regulatory developments.
  • Serve as the primary escalation point for engagementlevel issues and guide client teams toward informed decisions.

Team Leadership & Capability Building

  • Lead mentor and develop teams of managers seniors and staff driving performance excellence coaching and succession readiness.
  • Review deliverables prepared by the team provide continuous feedback and ensure adherence to EY methodologies and quality standards.
  • Contribute to practice development including training solution development thought leadership and methodology enhancement.

Skills and attributes for success:

  • Strong command of Insurance and Reinsurance Accounting including treaty mechanics GAAP/IFRS/STAT frameworks premium & loss accounting reserves and collateral management.
  • Ability to interpret and review complex treaty wordings and assess accounting impacts.
  • Expertise in project management across multidisciplinary teams and global engagement models.
  • Excellent written and verbal communication skills with ability to simplify complex issues for senior stakeholders.
  • Strong analytical and problemsolving abilities with a focus on accuracy governance and risk management.
  • Experience with reinsurance systems and reporting tools (e.g. SAP Oracle GAIN Cognos Wings Stargate T1).
  • Demonstrated ability to drive transformation automation and process efficiency.

Professional experience:

Typical experience may include whilst not limited to:

  • Experience working in an advisory-focused role within Insurance and/or Reinsurance accounting and reporting.
  • Proven ability to lead and manage teams of 20 professionals ensuring quality delivery and strong stakeholder communication.
  • Advanced experience with technical accounting matters including treatylevel accounting financial reporting and preparation of technical memos/whitepapers.
  • Hands-on exposure to GAAP conversions across IFRS US GAAP and STAT including implementation of new accounting standards (e.g. IFRS 17 LDTI).
  • Prior experience in a Big 4 or toptier consulting environment leading solutions service lines or complex insurance/reinsurance engagements.

To qualify for the role you must have:

  • CA CPA ACCA (UK) or equivalent qualification
  • 1012 years of relevant postqualification experience in Insurance/Reinsurance Accounting & Reporting
  • Experience working in Big 4 or complex advisory engagements with exposure to multiregional stakeholders

Ideally youll also have:

  • Experience leading large teams (20 members)
  • Handson expertise in IFRS 17 LDTI GAAP conversions financial reporting and technical accounting advisory
  • Strong commercial awareness and ability to connect financial outcomes with business drivers
  • A high degree of proactiveness ownership and leadership maturity
  • Interest in business and commerciality.

What we look for:

  • Professionals with strong technical capability leadership acumen and a collaborative mindset
  • Ability to work in a dynamic environment and manage evolving client priorities
  • A commitment to quality innovation and continuous improvement

What working at EY offers

At EY were dedicated to helping our clients from startups to Fortune 500 companies and the work we do with them is as varied as they are.

You get to work with inspiring and meaningful projects. Our focus is education and coaching alongside practical experience to ensure your personal development. We value our employees and you will be able to control your own development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. Moreover you will be part of an interdisciplinary environment that emphasizes high quality and knowledge exchange. Plus we offer:

  • Support coaching and feedback from some of the most engaging colleagues around
  • Opportunities to develop new skills and progress your career
  • The freedom and flexibility to handle your role in a way thats right for you

About EY

As a global leader in assurance tax transaction and advisory services were using the finance products expertise and systems weve developed to build a better working world. That starts with a culture that believes in giving you the training opportunities and creative freedom to make things better. Whenever you join however long you stay the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people well make our ambition to be the best employer by 2020 a reality.

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

Join us in building a better working world.

EY Building a better working world

EY is building a better working world by creating new value for clients people society and the planet while building trust in capital markets.

Enabled by data AI and advanced technology EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance consulting tax strategy and transactions. Fueled by sector insights a globally connected multi-disciplinary network and diverse ecosystem partners EY teams can provide services in more than 150 countries and territories.


Required Experience:

Manager

At EY were all in to shape your future with confidence.Well help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.Join EY and help to build a better working world.EY- Assurance Senior Manager- FAAS Reinsurance accounting and reportingA...
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