Position at Tokio Marine HCC
The role is responsible for supporting the SII Reporting manager (and team) in the production of all Solvency II Pillar III reporting to the PRA, Lloyd’s and the CAA, calculation of Pillar I capital requirements, internal reporting of the Solvency position, investment reporting and the development of automated solutions of the aforementioned.
Key Responsibilities: Assist in the coordination, timetable, governance, and preparation for all Solvency II deliverables. This is to include submissions to the PRA, and Lloyd’s (including QRTs, NSTs and financial sections of the SFCR/RSR), assisting in the preparation & submission of TME to the CAA, and Pillar I standard formula calculations, including forecast calculations. Lloyd’s reporting is to include the QSR, ASR, ASB, AAD, and assisting (where required) the Syndicate team on the production of the TPD. Work to ensure the quality of Solvency II Pillar 3 Reporting templates and the timeliness of deliverables to meet submission deadlines. Assist with the Solvency II Standard Formula process (actual and projected calculations), including the review of inputs, assumptions, and review documents. Assist in the documentation of all Solvency II procedures and processes, ensuring that these are always up to date. Work to ensure high level internal communication between related functions to ensure all deliverables are prepared consistently in a well-controlled environment. Develop an understanding of all Solvency II internal reporting, continuously linking between SII and other areas of financial reporting (CFO report, Exec Summary, Statutory Accounts and Investment Committee papers, tax, and actuarial review), Work, when required, with the Business Intelligence, Actuarial team, and External software providers (Dynamo) to document and develop Pillar I/III automation solutions, data extracts and Technical Provisions. Work with the wider SII team, to help produce the workings behind the Investment Committee papers, including risk metrics, ensuring consistency, and understanding of all numbers within any internal and external reporting. Support the change control and execution of the end user testing of solvency II reporting systems. Develop an overview of internal and external reports that support SII, ensuring consistency and understanding of all numbers within any Solvency II reporting and capital calculations. Keep up to date with regulatory developments on Pillar 3 Solvency II reporting and communicate with finance stakeholders. Assist, when required in legal entity financial projects.
Delivery of projects, initiatives, and objectives: Aid Legal Entity Reporting and the wider Finance department on strategic projects as required. Assist with internal and external audit requests. Use a collaborative approach when working with others. Provide support to and knowledge sharing within the team. Process design and improvement Strong risk and control appreciation
Skills and Experience Specification:
Essential Excel Strong analysis and requirements gathering skillset Methodical approach to problem solving Proven ability to work on own initiative Good verbal and written communication skills Strong academic background
Desirable Advance Excel Business related degree
Soft Skills: Professional approach and delivery of work product. Energy, enthusiasm, persistence, and adaptability. Focus on timely delivery of quality outputs. Ability to work collaboratively with both finance and non-finance teams to achieve common goals. Drive and commitment to achieve individual, project and team objectives. Commitment to development of self and others.
- Actuarial Science
- Business Intelligence