Financial Reporting Analyst

2 days ago


Dublin, Dublin City, Ireland Fruition Group Full time

Key Performance Indicators:

The successful candidate will be measured on the following key performance indicators:

  • Successful implementation and ongoing compliance of IFRS 17 standards.
  • Completion of gap analysis and closure of identified gaps.
  • Effective collaboration with actuarial, finance, and IT teams to define and refine requirements for IFRS 17-related processes and reporting.
  • Providing regulatory advice to internal teams regarding changes in financial regulations affecting the insurance industry.
  • Preparing and presenting detailed reports and documentation outlining regulatory requirements, compliance strategies, and progress of implementation.
  • Assisting in the development of business cases and strategic plans related to regulatory compliance.
  • Supporting the development and execution of testing and validation of systems related to IFRS 17.
  • Proactively monitoring developments in regulatory standards and providing advice on how they affect the business.
  • Facilitating workshops and meetings to ensure all stakeholders are aligned on regulatory changes and their impact on business operations.

Requirements:

  • Experience with IFRS 17 and a strong understanding of its impact on insurance financial reporting.
  • In-depth knowledge of regulatory frameworks within the insurance industry.
  • Strong experience as a Business Analyst in insurance, ideally with a regulatory or compliance focus.
  • Proven ability to conduct gap analysis, risk assessments, and define business requirements.
  • Strong experience working with multiple departments, including finance, actuarial, and IT, to implement regulatory solutions.
  • Familiarity with financial systems, particularly in relation to IFRS 17 reporting and data extraction.
  • Ability to communicate complex regulatory and technical concepts to both technical and non-technical stakeholders.
  • Strong organizational and project management skills, with the ability to handle multiple priorities.
  • Certifications in insurance or regulatory standards would be beneficial (e.g., CII, FIA, etc.).


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