At a Glance
- Tasks: Manage Solvency UK reporting and capital calculations while enhancing finance processes.
- Company: Join a progressive financial services group focused on digital transformation and customer innovation.
- Benefits: Enjoy hybrid working, a competitive salary, and opportunities for personal development.
- Why this job: Be part of a purpose-driven organisation influencing strategic decisions and sustainability.
- Qualifications: Qualified accountant with experience in Solvency UK and regulatory frameworks required.
- Other info: Collaborate with diverse teams and gain exposure to executive-level projects.
The predicted salary is between 51000 - 119000 £ per year.
Are you a qualified accountant with a strong background in capital and regulatory reporting? Do you have a keen interest in Solvency UK and want to work within a purpose-driven organisation that's embracing digital transformation and customer-focused innovation?
We’re recruiting for a Capital & Regulatory Reporting Accountant to join a well-established and progressive financial services group in Andover. This is a great opportunity to take ownership of Solvency UK reporting and capital calculations, while contributing to wider finance transformation, risk modelling, and internal control enhancement. This role offers hybrid working, with occasional travel to the head office in Andover, Hampshire.
What you’ll be doing:
- Regulatory & Capital Reporting
- Prepare quarterly Solvency UK capital requirement calculations and regulatory balance sheets across group and regulated entities.
- Lead the production of Pillar III reports, including QRTs, SFCR, and RSR, ensuring compliance with PRA expectations.
- Respond to PRA queries, external auditor requests, and ad hoc regulatory reporting.
- Monitor and report on Solvency risk ratios, capital buffers, and surplus funds.
- Input into Solvency II Pillar II (ORSA) models, working closely with actuarial and risk teams.
- Stay up to date with relevant Solvency UK and PRA guidance, advising stakeholders on regulatory changes.
- Controls & Governance
- Support the implementation of internal controls as part of the UK SOX journey.
- Review financial reconciliations, contribute to internal audit readiness, and support risk assessments.
- Liaise with internal teams and external stakeholders including auditors, regulators, actuaries, and investment managers.
- Business Support
- Provide capital impact analysis for investment proposals and major projects.
- Partner with finance planning and strategy teams to support long-term business planning and stress-testing.
- Deliver training and guidance on Solvency UK frameworks to internal stakeholders, including board committees.
What we’re looking for:
- Qualified accountant (ACA, ACCA, CIMA) or equivalent, with relevant post-qualification experience.
- Strong knowledge of Solvency UK and regulatory reporting frameworks.
- Experience within the insurance or wider financial services sector.
- Solid understanding of capital modelling, fixed income investments, and regulatory capital optimisation.
- Confident user of Microsoft Excel and ERP systems; familiarity with actuarial modelling tools beneficial.
- Strong analytical mindset with attention to detail, and the ability to manage complex information across multiple stakeholders.
What’s on offer:
- Salary up to £85,000 (depending on experience)
- Hybrid working model with flexibility and autonomy
- A collaborative culture that values innovation, curiosity, and personal development
- Opportunities to shape process improvements and drive capital strategy
- Exposure to executive-level reporting and cross-functional projects
- A business on a journey of transformation, committed to sustainability and long-term customer outcomes
If you're looking for a role where you can grow your technical expertise, influence strategic capital decisions, and be part of a purpose-led financial organisation, we’d love to hear from you.
Regulatory Reporting Accountant employer: Venture Recruitment Partners
Contact Detail:
Venture Recruitment Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Reporting Accountant
✨Tip Number 1
Familiarise yourself with the latest Solvency UK regulations and PRA expectations. This will not only help you in interviews but also demonstrate your proactive approach to staying updated in a rapidly changing regulatory environment.
✨Tip Number 2
Network with professionals in the financial services sector, particularly those involved in regulatory reporting. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in capital reporting.
✨Tip Number 3
Prepare to discuss specific examples of how you've contributed to regulatory compliance or capital calculations in your previous roles. Highlighting your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss complex information management. Be prepared to explain how you've successfully navigated multiple stakeholders in past projects, as this is crucial for the role.
We think you need these skills to ace Regulatory Reporting Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as an accountant, particularly your experience with Solvency UK and regulatory reporting. Use specific examples that demonstrate your expertise in capital calculations and compliance.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the organisation. Mention your interest in digital transformation and how your skills align with their goals in finance transformation and risk modelling.
Highlight Relevant Experience: In your application, emphasise your post-qualification experience and any specific projects related to Solvency II or regulatory frameworks. This will show that you have the necessary background to excel in this position.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a role in regulatory reporting.
How to prepare for a job interview at Venture Recruitment Partners
✨Know Your Regulatory Frameworks
Make sure you have a solid understanding of Solvency UK and the relevant regulatory reporting frameworks. Be prepared to discuss how these regulations impact financial reporting and capital calculations, as this will demonstrate your expertise in the field.
✨Showcase Your Analytical Skills
Highlight your analytical mindset during the interview. Be ready to provide examples of how you've managed complex information and made data-driven decisions in previous roles, especially in relation to capital modelling and risk assessments.
✨Prepare for Technical Questions
Expect technical questions related to capital requirements, Pillar III reports, and Solvency II models. Brush up on your knowledge and be ready to explain your thought process when tackling these topics, as it will show your depth of understanding.
✨Demonstrate Your Collaborative Spirit
This role involves liaising with various stakeholders, so be prepared to discuss your experience working in cross-functional teams. Share examples of how you've successfully collaborated with auditors, actuaries, and other departments to achieve common goals.