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.
- 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.
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.
Skills Required
- Bachelor's degree in Accounting, Finance, or a related discipline
- Proven insurance accounting experience within insurance, reinsurance, or financial services
- Strong IFRS knowledge, including hands-on IFRS 17 experience and working knowledge of IFRS 9
- Bermuda and reinsurance reporting knowledge, including BMA EBS, BSCR, and proportional/non-proportional treaty accounting
- Ability to work independently, solve problems, and manage competing priorities under tight deadlines
- CA, CPA, ACCA, ICAEW, or equivalent professional qualification
What the Team is Saying
Capco Compensation & Benefits Highlights
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Healthcare Strength — Health, dental, and vision coverage in the U.S. are characterized as strong, with good coverage and favorable costs. Mental health resources and broader wellbeing programs are also emphasized as part of a comprehensive package.
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Leave & Time Off Breadth — PTO and paid holidays are described as generous, with multiple mentions of strong vacation allowances. While client work can affect usage, the underlying entitlement is presented as solid.
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Parental & Family Support — Company materials highlight enhanced family-friendly policies, including substantial maternity and paternity leave. Flexibility and return-to-work support reinforce a family-oriented approach.
Capco Insights
What We Do
Capco, a Wipro company, is a global management and technology consultancy specializing in driving transformation in the energy and financial services industries. Capco operates at the intersection of business and technology by combining innovative thinking with unrivalled industry knowledge to fast-track digital initiatives for banking and payments, capital markets, wealth and asset management, insurance, and the energy sector. Capco’s cutting edge ingenuity is brought to life through its award-winning Be Yourself At Work culture and diverse talent. TRUSTED ADVISORS - Our collaborative and entrepreneurial approach position us as trusted long-term partners to our clients. DEEP EXPERTISE - Clients look to us for clear guidance, proven expertise, and the support they need to set their companies up for success. DISRUPTIVE SOLUTIONS- We do not provide off -the-shelf answers to clients’ challenges. Instead, we work in close collaboration to understand the issues, and craft disruptive, bespoke solutions. ACCOUNTABILITY AND OWNERSHIP - We recognize every client has distinct needs and expectations, and we take ownership and accountability for the solutions we design, build, and deliver.
Why Work With Us
We support and encourage an inclusive culture, entrepreneurial outlook and independent thinking. Capco is not about organizational charts and rigid hierarchies – we want all employees to feel that Capco is their firm to own and run. We believe diversity powers innovation. Be Yourself At Work (#BYAW) is an integral and underlying part of our culture
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Capco Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
