Solvency II Accountant - 6 Month Contract

Solvency II Accountant - 6 Month Contract

Posted 1 day ago by Mark Sattin

£800 Per day
Inside
Hybrid
City of London, London

Summary: The role is for a Senior Financial Reporting Accountant specializing in Solvency II, aimed at supporting a Lloyd's Syndicate Insurance business on a 6-month contract. The position requires a qualified accountant with significant experience in Solvency II reporting and compliance within the insurance sector. The successful candidate will engage in various reporting tasks, including quarterly and annual Solvency II pillar 3 reporting, while ensuring adherence to regulatory requirements. The role offers a hybrid working arrangement based in London.

Key Responsibilities:

  • Prepare and support quarterly and annual Solvency II pillar 3 reporting (QRTs, commentary, SFCR, and RSR).
  • Develop and enhance controls and process improvements to ensure efficient and consistent reporting.
  • Ensure compliance with regulatory requirements for UK and US entities.
  • Calculate Solvency II regulatory capital resources and technical provisions for relevant entities.
  • Produce quarterly and annual reports.
  • Conduct SCR calculations using the standard formula for quarterly and annual reporting.
  • Provide commentary, interpretation of results, and ad hoc SCR modelling for business changes.
  • Support ORSA process, including report production, stress testing, and long-term SCR projections.
  • Assess impact of new regulatory requirements or organisational changes on capital resources and reporting.
  • Maintain internal policies aligned with Solvency II requirements, covering investments, technical provisions, and actuarial functions.

Key Skills:

  • Qualified accountant, preferably ACA or ACCA.
  • Strong experience in Solvency II reporting, including pillar 3, ORSA calculations, and full-cycle regulatory reporting.
  • Excellent accounting skills and knowledge of UK GAAP and IFRS accounting.
  • High attention to detail, analytical thinking, and problem-solving skills.
  • Strong interpersonal communication skills.
  • Immediately available to start or with a short notice period.

Salary (Rate): 800

City: London

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: inside IR35

Seniority Level: Senior

Industry: Finance