This role is ideal for a qualified accountant with extensive insurance and Solvency II experience
The role requires a high level of interaction with other business units and finance functions.
Responsibilities:
- Responsible for the completion of specific Solvency II Pillar 3 reporting requirements (Quantitative and Qualitative) in compliance with EIOPA/PRA/NBB/Lloyd's rules and guidance
- Proactively interpret regulatory guidance and be a part of the European Operations expert team on regulatory technical guidance
- Design, own and manage SII reporting cycle process and controls including documentation
- Solvency monitoring and presentation of analysis
- Involvement in the production of the Standard Formula
- Development of strong relationships with managers from various departments across European Operations in order to obtain the appropriate information required
- Liaison with external and internal auditors
- Assisting with ad-hoc regulatory reporting requirements
Skills:
- Professional qualification (ACA or equivalent)
- Extensive knowledge of Solvency II regulatory reporting requirements including areas such as claims, underwriting and binders
- Exposure to the Lloyd's and London company markets would be an advantage
- Experience and knowledge of Solvency calculations, including SCR under standard formula and treatment of syndicates and financial institutions within UK based Insurance Groups
- Attention to detail strong planning and organisational skills
- Intermediate to Advanced skills in MS Office applications
- Strong interpersonal skills, with an ability to communicate clearly and effectively with key stakeholders, including experience presenting Solvency II related outputs to different audiences
- Excellent problem-solving skills
