Assistant manager, Finance (IFRS 17)
Role Summary
Bowtie’s mission is to make insurance good again, and our vision is to build a category-defining health insurance company.
You will work with cross-functional teams to drive IFRS 17-related projects, and to optimize our financial reporting workflow, with the purpose of ensuring timely and accurate financial information, facilitating month-end closing, and automating reporting processes in accordance with the IFRS 17 standards. On a day-to-day basis, you will collaborate with actuaries and data engineers on ETL setup, general ledger integration, and group reporting, while driving improvements in financial reporting and budgeting.
The ideal candidate will possess strong project management experience in IFRS 17 within the insurance industry, analytical skills, and the ability to engage and influence stakeholders across all levels.
Your Key Responsibilities Include:
1. ETL Setup, Implementation, and Testing
Participate in ETL setup by providing insights into existing company practices and constraints. Upon completion of the ETL infrastructure, examine SIT results with the engineering team and perform UAT testing.
2. IFRS 17 Accounting Posting, General Ledger Implementation, and Testing
Assist the vendor/senior manager with IFRS 17 implementation. After setup, examine SIT results and perform UAT testing.
3. General Ledger Integration
Implement the bridge between IFRS 4 and IFRS 17, inputting all general entries into SunGL. Perform entry/data reconciliation and develop reporting tools.
4. Gap Analysis
Collaborate with the actuarial department and finance manager to analyse General Measurement Model (GMM) results and reporting.
5. Group reporting
Prepare reports for parent companies and the upstream finance department.
After the IFRS 17 project(s)
1. IFRS 17/ reporting transformation
Enable the finance team to perform month-end closing, automate the financial reporting process, and shorten the reporting timeline. This includes group consolidation reporting.
2. Company budgeting
Develop and implement company budgeting tools and functionalities.
3. Other finance projects
Contribute to other finance projects as needed.
About you
- 3+ years of proven experience in IFRS 17 project management within the insurance industry.
- 4 + years of experience in group reporting or auditing in the insurance industry.
- Strong analytical skills and the ability to interpret complex financial information.
- Excellent communication skills in both Chinese and English, and the ability to engage and influence stakeholders at all levels.
We Offer
Apart from a great career path and an opportunity to do good and do well, we also offer:
- Competitive package
- Flexible work arrangement
- Benefits include medical/ dental coverage and wellness programs
- Employee discounts
- Fun, co-operative, and flexible startup culture
- Weekly sharing sessions and regular social gatherings
- Excellent learning opportunities with Professional Development Sponsorship
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, we're 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 no longer than 24 months of which will be destroyed thereafter.
We are an equal-opportunity employer. We do not discriminate on the basis of race, sex, disability, or family status in the employment process.
- Department
- Finance
- Locations
- Hong Kong
- Remote status
- Hybrid
- Employment type
- Full-time
About Bowtie Life Insurance Company Limited
Our purpose is simple - we are here to bring back the good of insurance: protecting people and their families.
By combining our deep domain expertise and our modern proprietary technology, we strive to provide better insurance products and world-class insurance experience to the public.
In the past 4+ years, we have been providing a wide range of medical coverage to the Hong Kong public. Our sum assured has exceeded US$5 Billion.
Let's continue to deliver a better insurance experience for all.
Let's Make Insurance Good Again.
Already working at Bowtie Life Insurance Company Limited?
Let’s recruit together and find your next colleague.