SIIE Reporting Accountant

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

Job summary

An established industry player seeks a skilled SIIE Reporting Accountant to join their European Regulatory Reporting team in London. This role offers the chance to take ownership of the Solvency II Reporting process, ensuring compliance and accuracy in regulatory reports. You'll collaborate with various finance and operational teams, enhancing reporting processes while contributing to the organization's strategic objectives. With a commitment to employee development and a diverse workplace culture, this opportunity promises both professional growth and a supportive environment. If you thrive in a dynamic setting and are passionate about finance, this role is perfect for you.

Benefits

Health & Wellness Benefits

Retirement & Savings Plans

Global Parental Leave

Adoption Assistance

Qualifications

• Experience in Solvency II reporting within a P&C Insurance Company.
• Strong Excel and IT skills are essential for this role.

Responsibilities

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

Skills

Solvency II experience

Excel skills

Communication skills

Organizational skills

Initiative

Education

Fully qualified Accountant

Tools

Excel

Job description

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

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:

• Take ownership of the Solvency II Reporting process which includes the timetable and co-ordination of deliverables with different teams.
• Preparation and analysis of the Quarterly and Annual Solvency II Reporting, including the SFCR and RSR.
• Preparation and analysis of the quarterly Solvency Capital Requirement with related analysis and commentary.
• Collaboration and communication with other Finance functions (Tax, Technical Accounting, Financial Accounting, Corporate Controllership) and other departments (Actuarial, Claims, Operations, FP&A) to assist in continuous enhancement of reporting processes.
• Preparation of other regulatory requests (NAIC) to various bodies.
• Prepare the year end Statutory Accounts for various entities including liaison with various departments to obtain the required information.
• Ad hoc projects as required

What you’ll bring:

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

Our Benefits

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:

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

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

We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

About Us

Expert Partners.
Clarity in complexity.
Unwavering commitment.

We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.

Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.

We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.

Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.

Because when you choose Sompo, you choose the ease of expertise.

To learn more about visit our website at www.sompo-intl.com