SIIE Reporting Accountant

SOMPO; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a SIIE Reporting Accountant to join their European Regulatory Reporting team. This role involves managing the Solvency II Reporting process and preparing comprehensive reports that meet regulatory standards. The ideal candidate will have previous experience in a P&C insurance company, strong Excel skills, and a proactive approach to improving reporting processes. The company promotes a collaborative work environment and offers extensive health and wellness benefits, making it an attractive place for career growth in the finance sector.

Benefits

Health & Wellness Benefits

Retirement & Savings Plans

Global Parental Leave

Adoption Assistance

Qualifications

• Experience in Solvency II reporting in a P&C Insurance Company.
• Strong Excel and IT skills with good communication.

Responsibilities

• Manage the Solvency II Reporting process and coordinate deliverables.
• Prepare Quarterly and Annual Solvency II Reports and Statutory Accounts.

Skills

Solvency II experience

Excel skills

Communication skills

Organizational skills

Ability to learn quickly

Initiative to develop processes

Education

Fully qualified Accountant

Tools

Excel

Job description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a SIIE Reporting Accountant in our European Regulatory Reporting team in SI Insurance (Europe), SA.

The Regulatory Reporting Team at our organization is dedicated to producing high-quality regulatory reports that are meticulously crafted to satisfy the stringent requirements of both our company's regulators and internal stakeholders. Our team is committed to ensuring that every report is accurate, comprehensive, and insightful, thereby facilitating informed decision-making and demonstrating compliance with relevant regulatory standards. By maintaining an unwavering focus on quality and precision, we aim to support the strategic objectives of our organization while upholding the trust and confidence of regulatory authorities and internal stakeholders alike.

Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long-lasting careers.

Our Business, Your Impact, Our Opportunity

What you’ll be doing:

1. Take ownership of the Solvency II Reporting process, including managing the timetable and coordinating deliverables with different teams.
2. Prepare and analyze Quarterly and Annual Solvency II Reports, including the SFCR and RSR.
3. Prepare and analyze the quarterly Solvency Capital Requirement with related analysis and commentary.
4. Collaborate and communicate with other Finance functions (Tax, Technical Accounting, Financial Accounting, Corporate Controllership) and departments (Actuarial, Claims, Operations, FP&A) to enhance reporting processes.
5. Handle other regulatory requests (NAIC) to various bodies.
6. Prepare year-end Statutory Accounts for various entities, liaising with departments to gather required information.
7. Participate in ad hoc projects as required.

What You’ll Bring:

• Previous Solvency II experience, preferably in a similar P&C Insurance Company.
• Strong Excel/IT skills.
• Good communication skills.
• Proven ability to learn quickly.
• Forward thinker with initiative to develop and improve current processes.
• Self-starter with good organizational skills and ambition to grow within the Finance department.
• Fully qualified Accountant.
• High dedication to meeting deadlines in fast-paced conditions.

Our Benefits:

We continuously evaluate and update our benefit programs to meet our employees' needs. Highlights include:

• Expansive Health & Wellness Benefits
• Generous Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance

In today’s world, what do we stand for?

We aim to create value for clients and shareholders while maintaining Sompo as an attractive place to work. We foster open dialogue and an inclusive environment, rejecting racism, bigotry, prejudice, and injustice. We invest in building a diverse and welcoming workplace.

About Us:

Expert Partners.
Clarity in complexity.
Unwavering commitment.

We are Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on 130 years of innovation, we are dedicated to simplifying your experience. Our 9,000+ employees worldwide are committed to providing expertise, insights, and solutions to meet your complex challenges.

Visit our website at www.sompo-intl.com to learn more.