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SII Project Accountant

Tokio Marine HCC International

London

On-site

GBP 50,000 - 80,000

Full time

9 days ago

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Job summary

A leading insurance company in London is looking for an experienced Solvency II Project Accountant to support a strategic initiative for regulatory data compliance. The role involves collaboration with finance teams, conducting testing, and addressing system improvements, offering an opportunity to impact the company's growth in an innovative environment.

Qualifications

  • Proven experience in Solvency II reporting.
  • Strong understanding of financial systems.
  • Experience with system implementation.
  • Excellent communication skills.

Responsibilities

  • Collaborate with finance teams to deliver RDS.
  • Conduct user acceptance testing.
  • Reconcile RDS data with the ledger.
  • Identify issues and develop solutions.

Skills

Regulatory compliance
Data reconciliation
Communication
Project collaboration

Job description

Why Tokio Marine HCC?

Standing still is not an option in the current world of Insurance. TMHCC is one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, an unparalleled track record, and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Our core values include a commitment to our customers, empowering our people, and delivering on our commitments, alongside a desire to grow and provide creative and innovative solutions.

Role Purpose:

TMHCC is seeking an experienced Solvency II Project Accountant to support the implementation of the Regulatory Data Store (RDS)—a strategic initiative to enhance the quality, control, and visibility of regulatory data. This role is crucial for ensuring compliance with PRA and EIOPA Solvency II reporting requirements during Phase 1 of the project.

Key Responsibilities:

  • Collaborate with the Finance Change and Solvency II reporting teams to deliver and develop the RDS.
  • Conduct user acceptance testing and identify system improvements.
  • Replace legacy systems with RDS outputs and update documentation accordingly.
  • Reconcile RDS data with the ledger prior to each quarterly reporting cycle.
  • Provide feedback and share knowledge with the Solvency II reporting team.
  • Identify and escalate issues in current systems and contribute to developing solutions.

Requirements:

  • Proven experience in Solvency II reporting and regulatory compliance.
  • Strong understanding of financial systems and data reconciliation.
  • Experience with system implementation and user acceptance testing.
  • Excellent communication and documentation skills.
  • Ability to work independently and collaboratively in a project environment.

What We Offer

The Tokio Marine HCC Group offers a competitive salary and employee benefits. We are a successful, dynamic organization experiencing rapid growth, seeking energetic and confident individuals to join our team of professionals.

The Tokio Marine HCC Group is an equal opportunity employer. Please visit www.tmhcc.com for more information.

Your success is our priority. In a rapidly changing world, TMHCC enables you to take on opportunities with confidence.
At Tokio Marine HCC, we pride ourselves on hiring the smartest, most conscientious people, who want to
make a difference regardless of their background. We support and trust our team members.
We’re always looking for curious, creative thinkers who want to challenge the status quo and have a passion for doing the right thing. If this describes you, we want you on our team.

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