Capital & Regulatory Manager - Bristol, United Kingdom - DAS UK Group

DAS UK Group

Verified Company

Bristol, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

We have an opportunity to join DAS UK Group as a Capital and Regulatory Manager in Bristol.

The core responsibility of this role will be capital modelling and upholding all regulatory requirements of the Actuarial Function under Solvency II.

About The Role

In this role you can expect to calculate technical provisions, solvency capital requirement and related impacts on the Solvency II economic balance sheet.

You'll be expected to create and develop processes and models to allow timely and accurate submissionof the relevant financial results, adhering to governing regulations, DAS policies, Group requirements and professional standards.

In addition, you will develop the economic capital model for DAS UK, integrating it with the wider group model and develop strategiesand processes for capital impact assessment.

This is an opportunity to act as line manager to a team of actuarial specialists, guiding their professional development and assisting with the development of others in the team.

In addition you can expect to:

Monitor developments in regulation, Group guidance and actuarial standards; co-ordinate impact analysis and adoption and monitor adherence;
Attend and present at governance committees as required;
Uphold and develop the departmental quality procedures;
Develop own skills and knowledge to be an expert in the required areas and keep up to date with developments in the field;
Input to the Own Risk & Solvency Assessment process;
Conduct investigations and other actions of the regulatory Actuarial Function as required under Solvency II and produce the actuarial function report;
Form an independent actuarial view of the extent to which existing processes and techniques satisfy regulatory requirements and the risk appetite of DAS UK, and communicate this to senior management and the Board;
Recommend, agree and monitor appropriate management actions in response to findings; and
Carry out other actuarial investigations that may be required from time to time under UK regulation and legislation, and by Group.

About You

A willingness to undertake additional development to gain and maintain a practising certificate;
An ability to form a well justified, independent actuarial view, then use it to engage with senior management and work productively with them to effect change;
An ability to build good working relationships with ERGO and Munich Re Group functions;
A deep knowledge of nonlife actuarial techniques, preferably including prudential insurance requirements (required); and
Experience leading a team.

Whilst this is a full time position, at DAS we want to support our colleagues to achieve a work-life balance that works for them and are happy to discuss flexible working options.

About The Company
As a market leader in the Legal Expenses Insurance market we have undergone rapid growth in recent years.

Thousands of businesses, motorists and individuals defend or pursue legal action each year safe in the knowledge that DAS are paying their legal bills.

We have always been aware that it is the people that really make it happen; the quality of our peopledefines the quality of the company and the standard of service we offer.

DAS are owned by the ERGO Insurance Group, one of the major insurance groups in Germany and Europe and are dedicated to the development of the best staff in the industry.

At DAS, we don't simply talk about our values they are at the heart of everything wedo. They guide us with the way that we work and provide the framework for how we do business. 'Doing the right thing' is central to our behaviour - from building trust, being accountable, putting our customer at the heart of everything that we do which webelieve drives performance

We believe it is an exciting time to join DAS. You can expect an organisation that will challenge and develop you to progress your career.

By giving you every opportunity to develop yourself professionally and personally, we also pride ourselves on having an open, inclusive and high energy culture that encourages a fun working environment and places our customers at the very heart of everythingwe do.

**If you are keen to become part of our exciting future then we would love to hear from you. In addition to the very genuine development opportunities we provide we also offer an extremely generous reward and benefits package.