- Preparing quarterly Solvency UK capital requirement calculations, including balance sheets
- Liaising with external advisors relating to the Prudential Regulatory Authority (PRA), ensuring knowledge surrounding the topic is kept up to date
- Producing both annual and quarterly statements for Solvency UK, adhering to the PRA requirements
- Handling responses to the external audit information requests from Solvency UK
- Actioning the annual solvency and financial condition report, quarterly reporting template schedules to the PRA and the regular supervisory report to the PRA, as needed
- Managing both data requests and the provision of finance data requirements into IT system changes in order to improve the calculation of solvency report
- Reviewing on a secondary basis, the reconciliations and controls in relation to UK SOX transition, ensuring internal control and risk assessments are handled as needed
- Providing expert advice on the capital impact of major investment proposals
- Reporting on and providing forecasting for the overall solvency position of the business, and providing narrative on any available surplus funds for investment
- Keeping an eye on solvency risk ratios
- Supporting the input and running of internal actuarial models
- Providing capital projects to support business planning
- Keeping abreast of technical solvency changes, ensuring these are relayed to the business and that impact assessments and training is providedÂ
- Degree or finance qualification
- Very strong knowledge and experience in Solvency UK and regulatory reporting
- Knowledge of investments
- Experience within the financial services sector
- Strong communication and stakeholder engagement skills
- Fantastic problem-solving abilities
- An aptitude for IT systems and tools, including Microsoft Office