At a Glance
- Tasks: Support regulatory reporting for Lloyd's and Solvency II submissions with a focus on data accuracy.
- Company: Join a leading insurance firm with a strong regulatory reporting team.
- Benefits: Competitive salary and an initial 9-month contract for career growth.
- Other info: Collaborative environment with opportunities to improve reporting processes.
- Why this job: Make a real impact in the insurance sector while honing your analytical skills.
- Qualifications: Experience in regulatory reporting and strong data handling skills required.
The predicted salary is between 40000 - 50000 £ per year.
Embedded within the client's regulatory reporting function, this role supports the accurate and timely production of Lloyd's and Solvency II regulatory submissions. The Regulatory Reporting Analyst works as part of a specialist third-party managing agent team, contributing to reporting workflows and process improvement across the submission lifecycle.
Key Responsibilities
- Support the preparation and submission of Lloyd's returns, including QMAs, DAAs, and annual syndicate reporting.
- Assist with Solvency II reporting obligations including QRTs, RSR, and SFCR contributions.
- Perform data validation and reconciliation checks prior to submission.
- Maintain submission logs, timetables, and supporting workpapers in line with audit requirements.
- Liaise with actuarial, finance, and underwriting teams to source and validate required data.
- Assist in identifying and resolving data quality issues ahead of regulatory deadlines.
- Contribute to process documentation and the improvement of reporting controls.
- Monitor Lloyd's Market Bulletin and regulatory guidance for changes affecting submission requirements.
This role is placed and managed by a specialist third-party managing agent. Candidates will be embedded directly into the client's team.
Requirements
- Experience in regulatory reporting within the Lloyd's or London insurance market.
- Familiarity with Lloyd's returns requirements and Solvency II reporting frameworks.
- Strong data handling skills; proficient in Excel with exposure to Power BI or reporting tools an advantage.
- Experience working to fixed regulatory deadlines in a controlled environment.
- Detail-oriented with a structured approach to data validation and reconciliation.
- Knowledge of actuarial or financial reporting concepts beneficial but not essential.
Benefits
Competitive Salary. Initial 9-month contract.
Regulatory Reporting Analyst - Insurance in Gloucester employer: G MASS
As a Regulatory Reporting Analyst embedded within a specialist third-party managing agent team, you will thrive in a dynamic work culture that prioritises accuracy and collaboration. The company offers competitive salaries and fosters employee growth through exposure to the Lloyd's and Solvency II regulatory frameworks, ensuring you develop valuable skills in a supportive environment. Located in the heart of London, this role provides unique opportunities to engage with diverse teams across actuarial, finance, and underwriting, making it an excellent choice for those seeking meaningful and rewarding employment in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Analyst - Insurance in Gloucester
✨Tap into Local Agencies
For temporary roles like the one at G MASS, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so G MASS knows you can adapt quickly to their needs!
We think you need these skills to ace Regulatory Reporting Analyst - Insurance in Gloucester
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch G MASS's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at G MASS
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at G MASS. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
