IFRS Strategy & Technical Lead Finance

Not Interested
Bookmark
Report This Job

profile Job Location:

Wan Chai - Hong Kong

profile Monthly Salary: Not Disclosed
Posted on: 14 hours ago
Vacancies: 1 Vacancy

Job Summary

Role Overview

Bowtie is on a mission to redefine the insurance landscape. As we scale we are seeking a strategic and highly execution-oriented IFRS 17 Technical and Strategy Lead with a robust Accounting & Finance Transformation background.

Unlike a traditional reporting role this position is designed for a builder who has navigated the complexities of IFRS 17 implementation through a strategic lens. You will not simply report under the framework; you will own the evolution of our financial architecture bridging the gap between actuarial results and business strategy to drive enterprise value.

Key Responsibilities

Strategic Implementation & Finance Transformation

  • Co-Lead the end-to-end evolution of the IFRS 17 framework moving beyond compliance to optimize financial performance and expense efficiency.

  • Drive strategic decisions on methodology and work closely with data engineers to ensure that we adopt a suitable data architecture ensuring the IFRS 17 solution (ETL CSM engines and General Ledger) is integrated seamlessly with business operations.

  • Oversee the Strategic Target State for business lines co-own implementation plans that align with both local regulatory requirements and group-level financial goals.

Technical Guidance & Business Insight

  • Act as the lead technical expert for accounting policy decisions under IFRS 17 providing clarity on complex areas such as the General Measurement Model (GMM) PAA and reinsurance accounting.

  • Establish robust Reasonableness Testing and result analysis frameworks (e.g. CSM amortization trends A/E variance analysis and implied interest rate reasonableness).

  • Perform deep-dive diagnoses of finance process pain points identifying opportunities to accelerate reporting and automate processes.

Performance Metrics & Management Reporting

  • Develop and implement external expense metrics and KPIs (aligned with TWPI or IFRS 17 Operating Profit) to track business efficiency and cost-saving programs.

  • Link external IFRS 17 metrics with internal KPIs at a functional level to ensure the organization is steering toward the same financial vision (OFSG CSM etc.).

  • Translate complex IFRS 17 financial results into actionable insights for C-level management and stakeholders.

Stakeholder Engagement & Project Leadership

  • Co-lead in cross-functional workstreams (Finance Actuarial and IT) to resolve technical issues and implement tactical fixes across tools methodology and data.

  • Act as the primary finance team liaison for IFRS 17 projects managing relationships with external auditors and consultants while driving the internal socialization of new reporting standards.

Qualifications and Experience

  • Professional Background: 8 years of experience in Finance Transformation Accounting Advisory or Audit within the insurance sector. (Experience in Big 4 Finance Consulting at a Senior Manager or Associate Director level is highly preferred).

  • Technical Expertise: A proven track record in IFRS 17 and IFRS 9 implementation projects. You must have experience in the design and implementation phases rather than just business-as-usual reporting.

  • Education: A degree in Accounting Finance or a related discipline. A professional accounting qualification (CPA ACCA or equivalent) is required.

  • Strategic Mindset: Experience linking IFRS 17 metrics to business strategy such as expense efficiency programs capital management or M&A integration.

  • Systems Fluency: Familiarity with IFRS 17 solutions (e.g. Prophet SAS Aptitude or Oracle ERP) and the ability to bridge the gap between technical data and accounting entries.

  • Leadership: Exceptional communication skills with the ability to influence C-suite stakeholders and lead multi-disciplinary teams through organizational change.

We Offer

  • Competitive remuneration package.

  • Flexible working arrangements to support a healthy work-life balance.

  • Comprehensive health and wellness benefits including medical and dental coverage.

  • A vibrant inclusive company culture that values collaboration and innovation.

  • Opportunities for professional development and career growth within a fast-growing virtual insurer.

About Bowtie

We are the first licensed virtual insurer (虛擬保險公司) in Hong Kong.

We believe that insurance is fundamentally good and we are here to bring the good back through our passionate innovative and customer-centric team.

By combining our deep domain expertise and our own proprietary modern technology we are building one of the most iconic category-defining health insurance companies in Asia.

We take pride in moving fast all the time and our track record in moving ahead in the game. Our digital insurance platform is also ranked #2 in the world in Sia Partners 2023 report.

As we grow were always looking for highly dynamic hands-on and passionate talent to join our team. If you are looking for a rewarding career where you will grow together with strong talents from different backgrounds and build products and services that bring a positive impact on the lives of millions of people in Hong Kong / Asia apply to our opening today!

Information collected will be treated in strict confidence and used solely for recruitment purposes.

The company will retain all applications for no longer than 24 months after which they will be destroyed.

We are an equal-opportunity employer. We do not discriminate on the basis of race sex disability or family status in the employment process.

Role OverviewBowtie is on a mission to redefine the insurance landscape. As we scale we are seeking a strategic and highly execution-oriented IFRS 17 Technical and Strategy Lead with a robust Accounting & Finance Transformation background.Unlike a traditional reporting role this position is designed...
View more view more

About Company

Company Logo

Our purpose is simple - we are here to bring back the good of insurance: protecting people and their families. By combiningour deep domain expertise and our modern proprietary technology, we strive to provide better insurance productsand world-class insurance experience to the public. ... View more

View Profile View Profile