You will manage report production activities ensuring the accuracy and consistency of underlying data, and to liaise with external and internal customers to formulate and implement policy / procedures, whilst overseeing continuous improvement in levels of control and automation, through leveraging our evolving stack of reporting and analytical tools.
Responsibilities:
Given the fast pace and cyclical demand, it's important that you already have an in-depth understanding of the workings of a finance department and be driven to succeed.
- Working with the Regulatory Reporting function to ensure continued subject matter expertise for requirements of evolving regulatory reporting landscape exists within the team
- Contribute to the formulation and ongoing refinement of policies / procedures to ensure operational effectiveness in meeting regulatory reporting obligations, on continued basis
- Contribute to and drive continuous improvement activity in Regulatory reporting processes
- Maintain strong relationships with internal & external stakeholders, to ensure service delivery meets customer expectations.
- Motivate and aid the development of more junior team members so as to ensure the required standards of performance as well as knowledge-sharing, thereby minimising single-point dependencies
- 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
- Assisting with ad-hoc regulatory reporting requirements
Skills
- Be a qualified accountant (for example ACA, ACCA or CIMA)
- Have excellent knowledge of relevant current regulatory reporting requirements in the insurance industry.
- Have worked with different reporting and/or business intelligence tools to manipulate data into specified formats required by regulators
- Can demonstrate experience of structured process improvement / continuous improvement activity
- Be confident building controls into processes.
- Be confident working with and presenting financial information
- 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
