Regulatory Reporting Accountant
Finance/Accounting - Accounting Job ID 2023-12763 Primary Location: Luxembourg 01/23/2023More information about this job:
Overview:
FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions.
Responsibilities:
Responsabilities:
Regulatory Reporting:
• Prepare, analyze and file all Solvency II reporting to the CAA (Quarterly and Annual QRTs, SFCR, RSR and ORSA), and ensure all reports are prepared accurately and timely within specified deadlines.
• Prepare statistical and financial regulatory reporting across Europe excluding the UK (e.g. national bank enquiries, statistical returns, etc.).
• Improve documentation on processes and procedures supporting the preparation of Solvency II reporting.
• Liaise with Internal Audit and external providers on Solvency II and other regulatory reporting, upon request.
• Work alongside the Finance department in Luxembourg, the UK, and the US to ensure existing data is used consistently and efficiently.
Capital Management:
• Perform monthly capital level calculation to ensure compliance with the Company’s and Commissariat Aux Assurances’ requirements, including the Standard Formula and the Own Risk and Solvency Assessment.
Regulatory Compliance:
• Prepare reporting to ensure that the Company (and its branches) is compliant with CAA regulations and the Luxembourg Insurance Law.
• Assist in the preparation of monthly risk monitoring reporting to Senior Management.
• Monitor EIOPA and CAA regulation updates and participate in their implementation.
Qualifications:
Knowleadge and skills:
•University degree in Accounting or Finance or related discipline with experience in a similar role (5 years or more).
• Strong knowledge of Solvency II.
• Strong knowledge of the Luxembourg insurance sector and reporting requirements would be considered as an advantage.
• Strong knowledge of LuxGAAP.
• Ability to analyze, interpret and apply technical requirements.
• Accurate, detail-oriented, and reliable with good communication skills.
• Strong team player, dynamic and resilient with the ability to work independently.
• Ability to think outside the box and identify new approaches.
• Flexible and willing to evolve in a new environment.
• Excellent working knowledge of Microsoft Excel.
• Fluent in English. Any other languages will be considered as an asset.
• Part/Qualified accountant (CIMA/ACCA/ACA) or equivalent will be considered as an advantage.
If you are interested in being considered for this position, please apply via Job Postings within Employee Career Center following the instructions (https://intranet-fmglobal.icims.com/jobs/intro).
You will also need to submit your application (with CV and Application Letter) directly to Arnaud Dufour arnaud.dufour@fmglobal.com and Cécile Malary cecile.malary@fmglobal.com
Closing date for applications: May 31st, 2023
