Hemant Taneja

Background

About Hemant Taneja

Worked extensively reviewing client policy papers on IFRS 17 on important areas such as level of aggregation, contract boundary, onerous contract, allocation of expense. • Performed supporting for reporting and data requirement for various external and internal reporting templates in-line with IFRS 17 and IFRS 9 & updated accounting manual coordinating meeting with stakeholders and provided ad hoc support • Drafted whitepapers on various IFRS 17 topics for accounting policy decisions • Perform IFRS 9 SPPI and Business model testing for domestic insurers. • Preparation of Dashboard and deck for IFRS 17 training material. Prior to IFRS 17 experience, Worked for AXA and Genpact in yellow book reporting profile. • Preparation of State page clean up entries, losses reporting as per the accident year (Schedule P), Schedule F reporting as per the regulatory requirement of NAIC as a month end closing activity. • Preparation of Stat packet analysis i.e. analysis of financial statements based on the ledger balance found from the Oracle people soft and Essbase Hyperion providing explanations for any significant variation or unusual trend and do the variance analysis. • Involved in transitioning Catlin statutory reporting in year 2017-2018 • Lead transition for segment reporting for insurance in year 2020. • Preparation of Electronic Notes and General Interrogatories as per regulatory requirement of NAIC. • Successfully prepared and submitted annual financial statements for each entity through people soft software. • Prepared various schedules like schedule E, F, T, etc. for all entities independently. These are important schedules as support the financial analysis.