Director IFRS 17

KPMG - Dubai, Emirate of Dubai
Director IFRS 17
Titles: Director (IFRS 17)

Risk Consulting

Location: Dubai

FIRM and team

KPMG is a global network of professional
firms providing Audit, Tax and Advisory services across a wide range of
industries, Government and not for profit sectors.

We operate in 155 countries and have more
than 174,000 people working in member firms around the world. The KPMG network
is coordinated by Swiss cooperative KPMG International (KPMGI).

In the UAE, KPMG has been established
since 1973. We are a leading professional services firm and we are proud of our
reputation for delivering cutting-edge solutions and exceptional client value.
With over 50 partners and directors leading over 750 professionals across
offices in Dubai, Abu Dhabi, Sharjah, and Muscat, we work shoulder to shoulder
with our clients, helping them solve their most complex business issues in support
of their growth objectives.

We value diversity and inclusion,
fostering a positive and encouraging culture. As a result, we attract
passionate individuals who share a common purpose of Inspiring Confidence and
Empowering Change for their clients and the communities in which they live and
work. Amid times of economic change, technology advancement and industry
disruption, KPMG has the depth of expertise, global reach, clarity of insight
and strength of purpose to work shoulder to shoulder with our clients - now and
into the future.

As a member of KPMG's Insurance team you
will support clients on accounting and regulatory changes like IFRS 17; assist in
transformation and optimization projects like finance system transformation;
provide services on risk and capital management like EC, ALM review and capital
restructuring; perform actuarial due diligence in transaction project; and
provide actuarial related advisory services, including but not limited to,
appointed actuary service, actuarial modelling, product development, valuation,
and internal audit. In light, there is a particular emphasis currently on IFRS
17, actuarial modelling and other current local and international regulatory
initiatives. Our clients include local and foreign Insurance institutions.

Roles and responsibilities


Directors shall be significantly involved
in business development - lead generation till closure. They are expected to
possess and build considerable client relationships, which could lead to
business opportunities. They may be assigned a
market/geography/solution/account or a set of clients for business development.
They shall be responsible for generating an agreed amount of revenue for the

They are also expected to proactively report
sales opportunities during projects. These would include identifying possible
business opportunities for various practices within KPMG.

They should demonstrate in-depth technical
capabilities and professional knowledge. They should also have the ability to
assimilate new knowledge.

Project Related

Directors are expected to lead 3-6 large
projects at any time. They shall have teams reporting to them at a project
level. Directors have the responsibility of project execution and shall report
to Partner(s) on every project. They shall be responsible for ensuring project
profitability, quality as well as adherence to the agreed project plan.

Directors shall assist Partners in
managing risks associated with the projects.

Thought Leadership

Directors should contribute to solution
development and possess good business acumen. They must remain current on new
developments in advisory services capabilities and industry knowledge. They are
expected to be part of industry forums. They should participate in practice
initiatives and at times lead such initiatives such as knowledge management or thought

People Related

During the course of your work, you will
be expected to be a people leader for your department/geography and to also
manage a team in terms of staffing, appraisals etc. You are also responsible
for coordinating in developing the practice (people / clients and skills). You
also play the role of a Performance Manager for junior staff and should be actively
involved in training, coaching and mentoring your team.


- Strong client management
skills with ability to develop and maintain a productive working relationship
with client personnel

Strong display of leadership skills

Strong analytical and problem solving skills

Strong written and verbal communication skills.
Excellent business and technical and presentation skills

Strong people management skills. Ability to manage a
team of specialists independently

Strong stakeholder management skills. Ability to
manage external and internal stakeholders effectively and efficiently

Ability to work under pressure - stringent deadlines
and tough client conditions which may demand extended working hours

Demonstrate integrity, values, principles, and work
ethic and lead by example


- Expert knowledge of IFS 17
(Solvency II knowledge would be beneficial)

- A proven track record on
large scale projects, focusing on implementation of IFRS 17

- In depth knowledge in some
of the following areas: Finance/ capital reporting, regulatory changes such as
risk based capital and IFRS, enterprise risk management or economic capital

- Prior experience in client
facing / account management roles

- Knowledge of relevant
existing business processes and insurance accounting closing process

- Knowledge of the design of
data, technology and business solutions to meet client issues and challenges
(would be beneficial)

- Knowledge of Prophet, SAS,
Aptitude would be an asset

Support Partners to create business development and
sales opportunities for the firm

Exposure to business development in consulting
(Pre-sales support, proposals, RFP responses)


- Fellowship member of an
internationally recognised actuarial professional body

- 12+ years relevant


- Compensation strongly competitive
within industry and local market standards

- Comprehensive medical
insurance coverage for staff and family

- Embedded in the firm are quarterly
rewards and recognition program

- Internal and global
mobility programmes

- Strong commitment to our values
such as CSR initiatives

Attention - In the recruitment process, legitimate companies never withdraw fees from candidates. If there are companies that attract interview fees, tests, ticket reservations, etc. it is better to avoid it because there are indications of fraud. If you see something suspicious please contact us: [email protected]