--- title: 'Insurance Accounting Manager at Capco' canonical: 'https://feeny.ai/job/insurance-accounting-manager-capco-kuala-lumpur-gy5dttfsdb6k' type: 'job' last_seen: '2026-09-07' --- # Insurance Accounting Manager at Capco - **Company:** Capco - **Location:** Kuala Lumpur, Malaysia - **Posted:** 2026-09-03 - **Last confirmed live:** 2026-09-07 - **Apply:** https://job-boards.greenhouse.io/capco/jobs/8175716 ## Job description ## 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 invite experienced insurance accounting professionals with expertise in financial and regulatory reporting and period-end close activities within insurance or reinsurance environments. The role would support accurate reporting under IFRS, provide technical accounting expertise and partner with Finance, Actuarial, Risk and Business teams. Experience with Bermuda insurance or reinsurance reporting will be highly regarded. Responsibilities: - Manage period-end close activities, including accounting entries and balance-sheet reconciliations. - Ensure IFRS 17 and IFRS 9 compliance across statutory, management and regulatory reporting. - Support Bermuda regulatory reporting, including the BMA’s Economic Balance Sheet (EBS) and BSCR frameworks. - Apply appropriate accounting treatments for proportional and non-proportional reinsurance treaties. - Analyze key balance-sheet and P&L movements and review accounting treatments for policy and regulatory compliance. - Partner with Finance, Actuarial, Risk and Business teams and support internal and external audits. - Strengthen accounting processes, controls and reporting automation. Requirements: - Bachelor’s degree in Accounting, Finance or a related discipline; CA, CPA, ACCA, ICAEW or equivalent is preferred. - 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/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. Please note: Applicants whose experience does not fully match the requirements of this role may still be contacted about other suitable opportunities. ## About Capco ## Company Overview - **One-liner**: Capco is a global management and technology consultancy specializing in the financial services and energy industries, known for its deep industry expertise and entrepreneurial culture. - **Entity Type**: Private (Wholly owned subsidiary of Wipro Limited since 2021) - **Headquarters**: London, England, United Kingdom - **Founded**: 1998 - **Founders**: Rob Heyvaert ## Core Business - **Primary industries**: Financial services (banking, payments, capital markets, wealth & asset management, insurance) and energy - **Target customers**: Large enterprises in highly regulated sectors (B2B/Enterprise) - **Mission/Purpose statement**: “Do something different by combining deep industry expertise, strong consulting fundamentals, real innovation, and a relentless focus on client impact.” [capco.com](https://www.capco.com/about-us) ## Products & Services Capco delivers consulting services rather than standalone products. Major service areas include: - **Banking & Payments**: Digital banking transformation, core modernization, payments advisory. - **Capital Markets**: Technology and data transformation, operational efficiency, regulatory compliance. - **Wealth & Asset Management**: Customer relationship enhancement, operational scalability, control environment strengthening. - **Insurance**: M&A support, technology innovation, profitability improvement. - **Energy**: Commodity trading and risk management, energy transition, utilities transformation. All services are delivered as **management and technology consulting** engagements. ## Market Standing - **Valuation/Market Cap**: Not publicly disclosed (acquired by Wipro in March 2021 for $1.45 billion) [linkedin.com](https://www.linkedin.com/company/capco) - **Key Metric (Private)**: Total headcount of ~5,930 (9.2% YoY growth); 670 active job postings [linkedin.com](https://www.linkedin.com/company/capco) - **Notable Investors/Partners**: **Wipro Limited** (parent company); earlier investor **Thomas Weisel Partners** (led $80M PE round in 2000) - **Growth Signals**: +9.2% headcount growth year-over-year; +30.5% LinkedIn follower growth (530,600 followers); recruitment volume up 10.4% quarterly [linkedin.com](https://www.linkedin.com/company/capco) ## Competitive Advantages - **Deep domain expertise** across financial services and energy – nearly three decades of focused experience. - **Expert-led, AI‑infused** delivery model that embeds technology and AI into every engagement. - **Strong brand and alumni network** (graduates of Capco work at UBS, Accenture, HSBC, etc.) – signals talent development and industry connections. - **Low bureaucracy, entrepreneurial culture** – flat hierarchies encourage ownership and client impact. ## Strategic Focus - Embedding AI and data as core enablers across all consulting work (“AI is not an add‑on – it is a core part of how we shape, build, and deliver value” [capco.com](https://www.capco.com/about-us)). - Continuing to expand in energy consulting alongside core financial services. - Driving measurable outcomes and lasting value for clients while maintaining a people‑first culture. ## Why Work Here - **Culture**: “Be Yourself at Work” (#BYAW) is a foundational value promoting inclusion, authenticity, and belonging. Minimal hierarchy and entrepreneurial freedom are emphasized. [capco.com](https://www.capco.com/about-us/our-culture-and-values) - **Learning & Development**: Structured programs from entry‑level Associate Talent Program (ATP) to experienced hire tracks; mentorship and hands‑on client exposure. - **Wellbeing**: Wellbeing@Capco program integrated into culture; benefits designed to support work‑life balance. [capco.com](https://www.capco.com/about-us/our-culture-and-values) - **Remote/Hybrid**: Not explicitly stated, but global offices in 43 countries suggest hybrid presence; role‑dependent. - **Notable perks**: Global mobility opportunities, comprehensive benefits, flat structure allowing early responsibility. ## Sources 1. [capco.com](https://www.capco.com/) – Company overview 2. [capco.com - About Us](https://www.capco.com/about-us) – History, leadership, vision 3. [capco.com - Careers](https://www.capco.com/careers) – Culture, learning, benefits 4. [capco.com - Culture & Values](https://www.capco.com/about-us/our-culture-and-values) – ESG, #BYAW, wellbeing 5. [linkedin.com/company/capco](https://www.linkedin.com/company/capco) – Headcount, funding, acquisitions, recruitment data ## Other roles at Capco - [Business Architect - Asset management](https://feeny.ai/job/business-architect-asset-management-capco-india-308srxgmctz2) — India - [Data Modelling Consultant (Insurance)](https://feeny.ai/job/data-modelling-consultant-insurance-capco-brno-z20nnh046a58) — Brno, Czech Republic - [Data Modelling Consultant (Insurance)](https://feeny.ai/job/data-modelling-consultant-insurance-capco-prague-tm3wj0n18kv9) — Prague, Czech Republic - [Data Modelling Consultant (Insurance)](https://feeny.ai/job/data-modelling-consultant-insurance-capco-kosice-prga449r2grw) — Kosice, Slovakia - [Data Modelling Consultant (Insurance)](https://feeny.ai/job/data-modelling-consultant-insurance-capco-bratislava-v2xn5zny3a5q) — Bratislava, Slovakia - [Senior Consultant - Business Analyst, Reporting & MIS (Private Banking)](https://feeny.ai/job/senior-consultant-business-analyst-reporting-mis-private-banking-capco-zurich-ys209x6qsdpz) — Zurich, Switzerland - [Senior Data Architect (DataLake)](https://feeny.ai/job/senior-data-architect-datalake-capco-bangkok-71sd0v7y0p8d) — Bangkok, Thailand - [Data Engineer (DataLake) - All levels](https://feeny.ai/job/data-engineer-datalake-all-levels-capco-bangkok-kmwfzmhev47a) — Bangkok, Thailand - [Project Manager (Banking Domain)](https://feeny.ai/job/project-manager-banking-domain-capco-bengaluru-x6aexhfw2347) — Bengaluru, India / Chennai, India / Gurugram, India / Hyderabad, India / Mumbai, India / Pune, India - [Fund Admin Transformation Project Manager | Banking](https://feeny.ai/job/fund-admin-transformation-project-manager-banking-capco-hong-kong-p6tdd4dfh2ge) — Hong Kong, China