About Deloitte

Deloitte is the largest private professional services network in the world. Every day, approximately 220,000 professionals in more than 150 countries demonstrate their commitment to a single vision: to be the standard of excellence, while working towards one purpose – to make an impact that matters.

In South Africa, Deloitte is one of the leading professional services organisations, specialising in providing Audit, Tax, Consulting, Risk Advisory and Corporate Finance services. We serve clients in a variety of industries from financial services, to consumer business, energy, mining and manufacturing, tourism and the public sector, and we provide powerful business solutions to some of the world's most well-known and respected companies, including more than 80 percent of the Fortune 100.

Our professionals are unified by a collaborative culture that fosters integrity, outstanding value to markets and clients, commitment to each other, and strength from cultural diversity. They are dedicated to strengthening corporate responsibility, building public trust, and making a positive impact in their communities. We understand that our professionals hold interests outside of the work space and we aim to encourage work/life balance, supporting them in all aspects of their lives.

Our talented professionals and our clients understand the link between a strong learning and development programme and the ability for Deloitte to deliver on its promise of consistent, high-quality service delivery worldwide.

Whatever your age, gender or culture, take your career to the next level with the talents and capabilities you'll develop at Deloitte.

About the Division

Our Assurance services go beyond merely meeting statutory requirements. We help our clients perform better and achieve their business objectives. We listen to their needs, think about the business implications and tailor our approach accordingly. In today's changing global economy, businesses need trusted advisors. Because Assurance professionals at Deloitte take the time to understand our clients' business as well as the industries in which they operate, we can help them identify major risks and opportunities over and above performance of the traditional financial reporting function. Our services include:

• Audit
• Accounting and Auditing
• Financial Institutions Services Team
• Capital Markets Team
• Actuarial & Insurance Solutions
• Actuarial & Analytics Solutions

What impact will you make?

Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you’ll find unrivalled opportunities to succeed and realize your full potential.

Main Purpose of Job

Role of Manager in the IFRS Advisory sub-division within the Financial Services Advisory service line.

Responsibilities include:

-       Supporting the development and implementation of the insurance strategy within Financial Services Advisory. This strategy is targeted at Tier 1 and Tier 2 insurers and requires a level of competence in the areas of insurance process accounting, IFRS 17, SAM and regulatory reporting.

-       Delivering on the following service offerings to clients within the competencies listed above, with a specific focus on IFRS 17 delivery:

·         Business impact assessments and gap analyses;

·         Technical accounting opinions and advice;

·         Development of financial reporting templates, financial statements and general ledger configurations;

·         Secondments to clients to support their IFRS 17, regulatory reporting and/or SAM processes;

·         IFRS 17 implementations and financial reporting transformation project, supported by the Deloitte Risk Advisory, Actuarial & Insurance Solutions, Human Capital and Tax divisions.

-       Developing expertise in other International Financial Reporting Standards that impact insurers, including IFRS 9, IFRS 13 and IFRS 15.

-       Actively supporting in identifying sales opportunities in the insurance market and contributing to the preparation of proposals/tenders and presentations for these clients.

-       Identifying innovative solutions on projects / engagements to enhance / renew service offerings to client.

-       Preparing and delivering of training material to internal and external stakeholders.

-       Contributing to thought leadership and sharing of knowledge and expertise with clients, colleagues and teams.

-       Managing client engagements and maintaining oversight of all engagements / projects within sphere of responsibility.

-       Acting as a coach/mentor in developing team members and counselees on an ongoing basis.

-       Empowering analysts through appropriate delegation of work.

Your role as a leader

At Deloitte, we believe in the importance of leadership at all levels. We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters. In addition to living our purpose, Managers across our organization:

·         Develop high-performing people and teams through challenging and meaningful opportunities

·         Deliver exceptional client service; maximize results and drive high performance from people while fostering collaboration across businesses and borders

·         Influence clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people

·         Understand key objectives for clients and Deloitte; align people to objectives and set priorities and direction

As a key part of the IFRS 17 and SAM programmes, you will have direct reporting line to the Deloitte Insurance Industry Leader and IFRS 17 proposition leader, Andrew Warren.

As a Manager, you will have the opportunity to select a designated mentor from the Financial Services Advisory Partners, Associate Directors or Senior Managers.

Key Performance areas

·         Strategic Impact

·         Client Impact: External / Internal

·         Team development

·         Research and eminence

·         Operational Effectiveness

·         Development / Growth of Team

·         Budgets / Profitability

Leadership / Behavioural Capabilities

·         Living our Purpose - Fosters broad commitment to our purpose and values; inspires peers and teams to make an impact that matters

·         Competitive Edge - Anticipates market and competitor trends to develop and deliver bold and innovative solutions that differentiate Deloitte with clients

·         Influence - Builds long-term, trust-based relationships with senior stakeholders and influencers, and uses highly developed influencing skills to drive impact, often in complex situations

·         Performance drive - Builds a high performance culture by cultivating individual and team strengths; drives outstanding client service, often through large cross-business and/or cross-border teams

·         Strategic direction - Sets & communicates strategic direction, excites people around the vision and goals and aligns diverse, cross-functional and cross-border teams to achieve success

·         Talent development - Manages the development of a strong pipeline of talent for current/ future success; owns and drives a talent experience that differentiates Deloitte

·         Inspirational Leadership - Leads from the front, acting as an exemplary role model for leaders at all levels; promotes a strong sense of loyalty and followership and energizes others to act

Core Professional Capabilities

·         Knows the Business and the Industry -Ability to advise the client to make decisions that positively impact return on investment; provides subject matter expertise  on industry trends, innovation efforts, and leading practices

·         Executive Presence - Ability to project confidence, establish credibility with, and influence clients at all levels

·         Global Mindset - Ability to adopt a global approach to networking, building eminence, and assembling teams to best serve clients and maximize engagement economics

·         Sales and Business Development - Ability to sell potential and current  clients on Deloitte’s services and negotiate profitable transactions for the Firm

Qualifications / Experience required

Qualified CA’s / Manager with 1 to 2 years from a Big 4 Professional services firm

Must be able to travel locally and internationally

Must be interested in Insurance and implementing new accounting standards like IFRS17

Must have current technical accounting experience

Prior Insurance Industry experience will be preferable

Must be willing to invest time to skill up to be able to implement once training has been provided

Prior involvement in implementing a new accounting standard such as IFRS 9, 15 or 16 will be advantageous