IFRS Business Analyst - FTC Ending December 2022 (Homebased)



We're hiring!

Aon are currently recruiting a IFRS Business Analyst (Fixed Term Contract - Ending Dec 2022) to join our team in London/ Homebased. The Business Analyst will be primarily responsible for providing value to the business in extracting, understanding and documenting the requirements for any requests for change or enhancements to existing systems, or introduction of new IT applications or services into the Aon estate.

About Aon

Headquartered in London, Aon Plc is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Aon Captive & Insurance Management (ACIM) specialises in alternative risk transfer, risk finance and the formation & management of captive insurance companies. ACIM is the leading captive manager globally providing management services to multiple client companies, the majority of which are captive (re)insurance companies insuring risks of their parent companies. We also manage several Commercial Insurance Companies, Pure Reinsurance Companies, and Finance Vehicles.
Aon is an equal opportunities employer. Aon's recruitment and selection policy ensures the best possible skill mix of colleagues and the highest quality candidates are appointed using objective job-related criteria.

About the Role

Global Captive Insurance Management Company seeking an experienced Business Analyst to join their project team. You will be working with the third-party consulting and technology vendors who are analysing and implementing IFRS17 regulatory standard. You will be responsible for the definition of the IFRS17 calculation requirements and the sourcing of the relevant data to support the calculation and reporting requirements. You will work with the Systems Project team to support the implementation of the IFRS17 requirements. Reporting to the IFRS17 Business Lead and Project team, you will be a key enabler of successful delivery against mandatory and high impact regulatory change environment and will need to be able to interpret and quickly understand potentially complex accounting treatments, to define and deliver a solution or solutions that meets the requirements of IFRS17.
The candidate will have the following experience and skills:

• Experience in End to End general insurance IFRS17 financial reporting environment.
• Extensive experience working as a business analyst within the insurance industry, ideally across Actuarial and regulatory programmes.
• Qualified accountant with a post qualification line accountant experience
• Ability to drive the approval of the design that will deliver the business requirements and ensure that project designs comply with the policies, standards and organisational constraints and are consistent with the supporting services and infrastructures that they use, or with which they interface.
• You will work closely with the Actuarial, Finance, Underwriting and IT teams to design the technical solution and ensure its fit with the enterprise wide business architecture.
• Senior business analyst specialising in accounting solution analysis
• Strong understanding of business processes and organisational structures.
• Sub ledger and accounting rules implementation experience
• Chart of accounts analysis - defining correct account segmentation based on reporting requirements (including MI requirements)
• Ability to run workshops with consultants in support, and the client in attendance
• Ability to work within a consulting team
• Excellent stakeholder management capabilities at executive level.
• Ability to discuss and Stakeholder engagement
• Home based but travel will be required
• Advantageous: Solvency II and IFRS17 experience.
• Advantageous: Captive Insurance Management experience.

Salary and Benefits
This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare, childcare vouchers and additional holiday. We also offer tremendous potential with a growing worldwide organisation.
Our Colleague Experience

Every day, our colleagues make a difference, work with the best, own their potential, and value one another. Together, we share this one purpose: to empower economic and human possibility around the world. This unifying goal is at the heart of our identity, and it lives in everything we do. To learn more about our colleague experience, visit Aon Colleague Experience.
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