Solvency II Reporting Manager

Permanent career opportunity for Solvency II Reporting Manager

This high-profile insurer is looking for a Qualified Accountant with significant experience of Solvency II and Pillar 3 Reporting to join the business on a permanent basis as part of the Global Reporting team.

Based in central London and reporting to the Head of Solvency II Pillar 3 Reporting this is a high-profile role, with management responsibility for a team of 4 qualified accountants.  You will be a Senior member of the Global Reporting Team responsible for the Group’s timely and accurate Quantitative and Qualitative Solvency II reporting to the PRA.

Key Accountabilities

• Delivery of Solvency II PIII requirements (Quantitative and Qualitative) for the Group in compliance with EIOPA/PRA requirements
• Design, own and manage Solvency II reporting cycle processes and controls
• Day to day management of the Regulatory Reporting Team members working on the PIII reporting, including the review of their outputs
• Lead the expert team on regulatory technical guidance
• Written communications to Board and sub-committees (internal approval memos, judgement summary, SII updates etc)
• Lead on the engagement of the Group’s external advisors to ensure they receive appropriate information to perform their work and to ensure we obtain maximum return from our fees
• Provide Solvency II technical advice to Market Units and Centre functions by interpreting and applying financial reporting and regulatory standards
• Lead on the SII reporting relationships with market unit teams the development of a ‘customer service’ culture across Centre Finance to ensure that the function builds rapport with, and understanding of, each market unit
• Supporting the Regulatory Reporting Manager in creating an environment of continuous improvement to ensure that all reporting is conducted to the highest possible standard whilst meeting efficiency requirements (i.e. working towards SII BAU timelines)
• Supporting the Regulatory Reporting Manager in the training and development of junior members of the team

This is an exciting career opportunity for an ambitious individual with excellent communication and technical accounting skills coupled with experience of managing regulatory reporting processes. The ability to manage and motivate team members along with the ability to plan, prioritise and deliver against plan will be crucial to the role.

To apply for this SII reporting manager you must match the following requirements:

• Professional qualification (ACCA, ACA) 4 years+ PQE
• Experience of coordinating large processes with multiple stakeholders
• Previous experience in Solvency II reporting within a large insurer
• Ability to act as a change agent ahead of SII BAU timelines (2020)
• Previous experience of managing a team of qualified accountants
• Ability to work effectively under pressure, managing conflicting tasks, senior demands and deadlines
• Excellent written and oral communication skills, including preparation of executive presentations, accounting papers and external reporting
• Comprehensive financial accounting and reporting knowledge
• Group reporting/consolidation experience in a large group is preferred
• Clear understanding of financial controls and importance of data integrity along with the ability to shape the control procedures for key SII reporting processes
• Ability to interpret complex accounting and reporting guidance
• Strong knowledge of Excel, Word and PowerPoint and financial consolidation systems (especially Cognos and TM1) an advantage