Insurance – London – Contract FTC 12 months +
I am working with a market leader within Insurance. They are looking for a Solvency II specialist to join an esteemed and high performance team. The role offers a great opportunity to work among industry professionals under an exceptional name. If you have prior Solvency II experience, please do apply.
Solvency II Compliance:
* Ensure robust compliance with Solvency II regulations and reporting standards.
* Stay updated on changes in regulatory requirements and assess their impact on financial reporting.
* Financial Reporting:
* Lead the preparation and analysis of accurate and timely financial statements, reports, and disclosures * Provide insights into financial performance, risks, and opportunities.
* Data Management:
* Oversee the collection, validation, and analysis of financial and risk data to support Solvency II reporting requirements.
* Collaborate with the risk management team to assess and report on financial risks associated with insurance operations.
* Provide recommendations for mitigating identified risks.
* Capital Adequacy:
* Monitor and assess the adequacy of the company’s capital in line with Solvency II requirements.
* Analyze capital projections and propose strategies for optimizing capital efficiency.
* Internal Controls:
* Establish and maintain effective internal controls to ensure the accuracy and reliability of financial reporting.
* Implement improvements to internal control processes as needed.
* Policy Development:
* Contribute to the development and implementation of policies and procedures to ensure ongoing compliance with Solvency II requirements.
* Provide training to finance and other relevant teams on changes in policies and procedures.
* Bachelor’s or Master’s degree in Accounting, Finance, or a related field.
* Professional accounting qualification (e.g., ACCA, CIMA, CPA).
* 2-4 years of post-qualification experience in financial reporting within the insurance sector.
* In-depth understanding of Solvency II regulations and their application. * Strong analytical and problem-solving skills.
* Excellent communication and interpersonal skills.
* Ability to work independently and collaboratively within a team.
* Familiarity with financial modeling and risk management concepts.
* Proficiency in relevant accounting software and tools. In our company values we aim for equity at all stages of the recruitment process, please let us know if we can do anything to make the process more accessible to you
In our company values we aim for equity at all stages of the recruitment process, please let us know if we can do anything to make the process more accessible to you.