Insurance Finance Analyst

About Capco

Capco, a Wipro company, is a global technology and management consultancy specializing in driving digital transformation within the financial services industry.

Operating at the intersection of business and technology, Capco combines innovative thinking with deep industry expertise to deliver end-to-end, data-driven solutions for banking and payments, capital markets, wealth and asset management, insurance, and energy clients worldwide. With a client portfolio spanning more than 100 global organizations, Capco helps businesses accelerate digital initiatives and unlock value through technology innovation.

Our expertise spans Digital Transformation, Data & Analytics, Business and Finance Transformation, Technology Modernization, and Change Management. We are committed to maintaining our agile, entrepreneurial culture while attracting and developing exceptional talent.

About the Job

We are looking for an Insurance Finance professional with IFRS 17 experience to join a growing finance team in Kuala Lumpur.

If you have experience in insurance accounting or financial reporting, have worked with IFRS 17, and are comfortable supporting financial close and reporting activities, we'd be keen to hear from you.

The position can be considered at Senior Analyst or Manager level, depending on your experience.

What You'll Do

• Manage or support month-end, quarter-end and year-end financial close activities.
• Prepare and review insurance accounting entries, reconciliations and financial reports.
• Support IFRS 17 accounting and reporting activities.
• Analyse balance sheet and P&L movements and provide commentary on key variances.
• Support statutory, management and regulatory reporting.
• Partner with Finance, Actuarial, Risk and other stakeholders on accounting and reporting matters.
• Support internal and external audit requirements.
• Review accounting treatments and maintain appropriate financial controls.
• Contribute to process improvement, automation and finance transformation initiatives.

What We're Looking For

• Experience in insurance accounting, insurance finance or financial reporting.
• Knowledge and practical exposure to IFRS 17.
• Experience with financial close and reporting activities.
• Good understanding of accounting principles, reconciliations and financial controls.
• Degree in Accounting, Finance or a related discipline.
• Strong analytical and stakeholder management skills.

Good to Have

These are advantageous, but not mandatory:

• IFRS 9 knowledge or exposure.
• Reinsurance accounting or reporting experience.
• Professional accounting qualification such as ACCA, CPA, CA or ICAEW.
• Experience in a multinational insurance environment.
• Exposure to finance transformation, automation or process improvement.

Don't tick every box?

If you have a solid insurance finance/accounting background and experience with IFRS 17, we'd still like to hear from you. We welcome applications from candidates whose experience may not cover every preferred requirement listed above.

Please note: Applicants whose experience does not fully match the requirements of this role may still be contacted about other suitable opportunities.