Senior Regulatory Accountant - Leeds, United Kingdom - BCT Resourcing

BCT Resourcing
BCT Resourcing
Verified Company
Leeds, United Kingdom

1 week ago

Tom O´Connor

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Tom O´Connor

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Description

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 levelsof 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.


  • 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 knowledgesharing, thereby minimising singlepoint 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 adhoc 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
  • 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 problemsolving skills

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