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Regulatory Reporting Manager

  • Location:

    Leeds

  • Sector:

    Accountancy & Finance

  • Job type:

    Permanent

  • Salary:

    Up to £90000 per annum

  • Contact:

    Lauren Allison

  • Contact email:

    Lauren.Allison@oliverjames.com

  • Job ref:

    JOB-012023-191576_1673448845

  • Published:

    over 1 year ago

  • Expiry date:

    2023-02-10

  • Startdate:

    ASAP

The role requires a high level of interaction with other business units and finance functions. This role would be ideal for a qualified accountant with solid insurance experience.

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

You will need to be able to display you have the following qualifications and experience:
* 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

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