Employer: QBE Management Services (UK) Limited Salary: Date Added: 20/11/2023
Primary Details
Time Type: Full time Worker Type: Employee
At QBE, we don’t just provide insurance – we make a positive difference in people’s lives. We’re committed to helping people and businesses protect themselves from risk, so they can focus on what they do best. We do this by being the most consistent and innovative risk partner for our customers, and a key part of the communities where we operate.
Join our diverse and enthusiastic Finance team in our fast-growing Leeds hub, and become part of a close-knit community of professionals across Finance, Claims, HR and IT. Build your skills and knowledge, make friends and discover opportunities to help you grow in your career, while being empowered to work flexibly and find the right balance so you can realise your full potential.
The opportunity
As our Leeds function continues with its growth plans, we have an opportunity for a Senior Regulatory Accountant to join our team, specifically in our newly-established Reporting Centre of Excellence.
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 improvementin levels of control and automation, through leveraging our evolving stack of reporting and analytical tools.
Your new role
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.
Your primary responsibilities will include:
Working with the Regulatory Reporting function to ensure continued subject matter expertise for requirements of evolving regulatory reporting landscape exists within the team
Contribute to the formulation and ongoing refinement of policies / procedures to ensure operationaleffectiveness 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 ofmore junior team membersso as to ensure the required standards of performance as well as knowledge-sharing, thereby minimising single-point 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 ad-hoc regulatory reporting requirements
Your story so far
In order to thrive in the role of aSenior Regulatory Accountant here at QBE, we would expect you to have working experience in most of the following areas:
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
Intermediate to Advanced skills in MS Office applications
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 problem-solving skills
Why QBE? At My Best
At QBE, we want our people to feel rewarded and inspired to perform
