Optimizing Your IFRS 17 Day 2 Operations: Enhancement & Training That Delivers

Helping insurers in Southeast Asia improve post-go-live reporting accuracy, efficiency, and capability.

Why IFRS 17 Day 2 Support Is Critical?

The IFRS 17 accounting standard became effective in the past 2 years for insurers in Southeast Asia, replacing IFRS 4 and aligning local reporting with global best practices. While Day 1 implementation focused on meeting the initial compliance deadline, Day 2 is about sustaining that compliance—every quarter, every year.

Without a robust Day 2 process, insurers risk:

• Inaccurate IFRS 17 financial statements

• Inefficient workflows that slow down reporting

• Regulatory non-compliance and audit challenges

• Over-reliance on external consultants instead of building internal capability
  

At Actomate, we deliver IFRS 17 Day 2 Enhancement & Training solutions that help insurers achieve operational excellence, reporting accuracy, and team self-sufficiency.

What Is IFRS 17 Day 2?

Day 2 refers to the post-implementation operational phase of IFRS 17:

• Quarterly and annual reporting cycles under the new standard

• End-to-end data processing, calculation, validation, and disclosure

• Ongoing methodology refinement, automation, and control improvements
  

While Day 1 was about “getting compliant”, Day 2 is about staying compliant—efficiently and accurately.

IFRS 17 Day 2 Enhancement & Training At Actomate, we help insurers strengthen their IFRS 17 Day 2 operations—the ongoing reporting cycles after initial implementation. Our enhancement services focus on optimising end-to-end reporting processes, refining methodologies, improving reconciliations, and automating manual steps to boost accuracy and efficiency. We work closely with finance, actuarial, and reporting teams to identify gaps, address anomalies, and ensure smooth quarterly and annual IFRS 17 reporting.

Our Day 2 training program is designed to empower teams with the skills to manage IFRS 17 independently. Through practical case studies, step-by-step guidance, and interactive Q&A sessions, we equip finance, actuarial, and audit teams to validate, interpret, and confidently explain IFRS 17 results. The training also covers common post-go-live challenges, ensuring your team is ready to handle both technical and operational demands.

With extensive experience supporting insurers in Indonesia, Malaysia, and Singapore through multiple IFRS 17 cycles, we bring a dual focus on technical accuracy and operational efficiency—helping you maintain compliance, improve reporting quality, and build lasting internal capability.

Get Started

Ensure your IFRS 17 Day 2 operations are accurate, efficient, and audit-ready. Contact us today to explore how our enhancement and training programs can help.

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