Salary : £70,000 basic salary, 15% pension, 25% target bonus
Location: City of London
Type: Permanent
Reference: RRSARM

 This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants.

Our client, a very profitable London market insurance company is looking to recruit a Regulatory Reporting / Systems Accountant.

Principal Duties and Responsibilities

  •  Development of SII Regulatory Reporting Systems
  • Development of new systems to comply with IFRS regime and any new regulatory requirements
  • Responsible for completion/submission of annual and quarterly Solvency II Regulatory qualitative and quantitative templates to Lloyd’s.
  • Provision of Premiums/ RI premiums/Committed premiums/Solvency II premiums adjustment/ULAE to Solvency II Actuaries.
  • Maintain procedures and processes surrounding all Solvency II Technical Provisions data together with data directory documentation and compliance
  • Maintain procedures and processes surrounding Supervisory Reporting
  • Embed new Solvency II Reporting Systems within Business as Usual (BAU).
  • Assist in the development of new warehouse project and development of reporting cube
  • Completion and development of the standard formula
  • Review and assist Treasury with the Lloyd’s Segmented Asset (LIM) return
  • Assume responsibility for maintenance and upkeep of the Solvency II timetable.
  • Liaise with the Solvency II Actuaries and Reserving Team.
  • Document back-testing of premium assumption and develop and carry out test plans.
  • Attend Lloyd’s workshops and keep up-to-date with Solvency II developments
  • Provide data input into Internal Model and review outputs (projected balance sheets).
  • Responsible for completion of Bermuda Monetary Authority (BMA) returns and liaising with Group Capital team.
  • Development of systems to automate BMA Reporting.
  • Oversee the migration of Technical Provisions Data Return (TPD) and Gross Quarterly Data Return (GQD) to Lloyd’s syndicate reporting team.


  • Insurance experience
  • Good systems skills (Excel, Powerpivot (desirable))
  • Good understanding of data warehouses and underwriting systems
  • Proactive/ability to communicate with other departments

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