Full-Time
Mumbai
Posted 1 month ago

Responsibilities :

  • Responsible for the overall production of the Solvency II submissions in Tagetik in compliance with local regulatory reporting requirements in UK.
  • Produce annual and quarterly Quantitative Reporting Templates (QRT’s) for local regulatory Solvency II Reporting, which includes technical provisions, projection of future cashflows and transitional measures.
  • Produce high-level analysis of regulatory Solvency II QRT’s and reconciliations before handover to Reporting analysis team.
  • Prepare the inputs for the Solvency and Financial Condition Report (SFCR) to support the analysis and commentary by the Reporting Analysis team.
  • Production of the Solvency II Capital Generation for M&G
  • Liaise with the Core Actuarial team on data required for the technical provision QRT’s and to resolve validations errors in Tagetik.
  • Adhere with current regulatory requirements and procedures to maintain a robust financial control regime.
  • Support the implementation of new regulatory changes and participation in ad hoc projects to support continuous improvement and process enhancement.

Requirements :

  • Knowledge and experience in regulatory Solvency II reporting (preferably for a life insurer)
  • High analytical skills and attention to detail to identify trends and discrepancies.
  • Ability to work to deadlines and prioritise workload.
  • Effective verbal and written communication skills to liaise with other actuaries, explain Solvency II results, and document processes and adjustments.
  • Ability to collaborate and work effectively as a team and independently.
  • Strong problem-solving capabilities and ability to investigate and resolve complex regulatory reporting issues and discrepancies effectively.
  • Adept at building relationships to liaise with Balance sheet and revenue/expenses teams to resolve validations.
  • Experience in solvency II is mandatory

Apply Online