Preparing Finance processes for IFRS 9 and IFRS 17
Impact assessment, target organisation, dry run and coordination across Finance, Actuarial, Risk and IT for a P&C insurer.
An international P&C insurer · 2018–2019
Context
IFRS 9 and IFRS 17 changes had to become accounting rules, processes, tools and reporting, alongside Solvency II deliverables.
My work
- Assess Premium Allocation Approach eligibility and prepare the dry run.
- Define the Finance target operating model and accounting system changes.
- Oversee QRTs and contributions to ORSA, RSR and SFCR.
Results and work delivered
Dry run prepared using the 31 December 2017 reporting base.
PAA eligibility assessed by contract family.
Organisation, processes and systems examined within the same programme.
Deliverable types
- Impact assessment and PAA documentation
- Target operating model
- Dry-run close pack
- Solvency II deliverable tracking
Library examples are original templates. Client documents remain confidential.