Job Summary

Job Title: SAS IFRS Consultant (IFRS17 / Actuarial Systems)

Experience: 8–12 Years
Location: Bangalore
Domain: Insurance / Finance / IFRS17

🔷 Role Overview

We are looking for an experienced SAS IFRS Consultant to assess, optimize, and support IFRS17 actuarial and finance systems, with a strong focus on CSM processing, calculation models, and SAS-based platforms.

The role involves evaluating end-to-end IFRS17 calculation processes, identifying performance and control gaps, and recommending optimization and modernization strategies.

Key Responsibilities

Key Responsibilities

• Assess SAS-based IFRS17 calculation systems, including:
• CSM (Contractual Service Margin) processing
• Actuarial outputs and model execution
• Performance and system dependencies
• Review SAS IFRS calculation processes, including:
• CSM run logic and actuarial computations
• SLAM / sub-ledger and reconciliation dependencies
• Model input/output data flows
• Analyze execution logs, batch runs, and process controls to identify:
• Performance bottlenecks
• Failures and manual interventions
• Control gaps and inefficiencies
• Evaluate reconciliation and accounting integration flows across actuarial outputs, sub-ledger, and GL systems
• Identify optimization opportunities in:
• Model execution
• Processing time and performance
• Automation and control frameworks
• Recommend retain / optimize / modernize strategies for SAS IFRS platforms
• Collaborate with actuarial, finance, and data teams to validate findings and align on improvements
• Support root cause analysis (RCA) for issues related to:
• Calculation mismatches
• Data inconsistencies
• Performance degradation
• Provide inputs into IFRS17 transformation and modernization programs
• Document analysis, findings, and recommendations for stakeholders

Skill Requirements

🔷 Required Skills & Experience

🎯 Technical Skills

• Strong expertise in:
• SAS (Base SAS, SAS DI, SAS IFRS17 solutions preferred)
• SAS Risk / Finance Workbench
• Experience in:
• IFRS17 calculation engines and actuarial systems
• Data flows and reconciliation across financial systems
• Good understanding of:
• Batch processing and model execution frameworks

🎯 Domain Expertise

• Hands-on experience in:
• IFRS17 implementation or support
• Insurance finance and actuarial processes
• Strong understanding of:
• CSM calculations
• Sub-ledger (SLAM) and general ledger (GL) integration
• IFRS17 reporting and reconciliation processes

Other Requirements