At a Glance
- Tasks: Develop software solutions for regulatory reporting and data capture in the insurance sector.
- Company: Join a leading third-party managing agent at Lloyd’s, a key player in the insurance market.
- Benefits: Enjoy flexible working options and the chance to work with industry experts.
- Why this job: Be part of a dynamic team shaping compliance in the evolving Solvency UK landscape.
- Qualifications: Strong SQL skills and experience in insurance or the Lloyd’s market are essential.
- Other info: This is a contract role perfect for tech-savvy individuals passionate about regulatory challenges.
The predicted salary is between 36000 - 60000 £ per year.
We\’re working with a leading third-party managing agent at Lloyd’s to recruit a Developer to support the implementation of Solvency UK changes mandated by the PRA.
This is a contract/consultant role ideal for someone with a blend of regulatory understanding, systems development expertise and strong SQL/SSRS/SSIS skills.
You’ll play a pivotal role in building and adapting systems to meet evolving Solvency UK requirements. Working alongside regulatory experts, the business and other developers – your focus will be on accurate data capture, robust reporting capabilities and regulatory compliance across all deliverables.
Key Responsibilities
- Design and develop software solutions in line with PRA Solvency UK regulations
- Build and maintain systems for data capture and regulatory reporting
- Work with stakeholders to translate requirements into scalable solutions
- Perform rigorous testing to ensure system stability and compliance
- Document all systems and changes with accuracy
- Provide training and support to both business and technical teams
- Strong SQL Server stack knowledge – SSRS, SSIS, and ideally SQL Azure
- Advanced TSQL skills; experience with C#, SharePoint, APIs a plus
- Experience in insurance or the Lloyd’s market – ideally with Websure
- Understanding of PRA Solvency requirements is highly desirable
- Excellent Excel and documentation skills; SharePoint/web dev knowledge helpful
- Clear communicator able to liaise confidently with technical and business teams
- Organised, deadline-driven and proactive in approach
Salary/Rate to be discussed.
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Regulatory Reporting Developer (London Market Insurance) employer: G MASS
Contact Detail:
G MASS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Reporting Developer (London Market Insurance)
✨Tip Number 1
Familiarise yourself with the latest PRA Solvency UK regulations. Understanding these changes will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the Lloyd’s market and regulatory reporting sectors. Attend industry events or join relevant online forums to connect with potential colleagues and learn about the latest trends and challenges.
✨Tip Number 3
Brush up on your SQL Server skills, particularly SSRS and SSIS. Consider working on personal projects or contributing to open-source projects that involve these technologies to showcase your expertise.
✨Tip Number 4
Prepare to discuss your experience with data capture and regulatory compliance during interviews. Be ready to provide examples of how you've successfully implemented solutions in previous roles, especially in relation to insurance or regulatory environments.
We think you need these skills to ace Regulatory Reporting Developer (London Market Insurance)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Regulatory Reporting Developer position. Familiarise yourself with PRA Solvency UK regulations and how they impact the role.
Tailor Your CV: Highlight your relevant experience in systems development, SQL, and regulatory reporting. Make sure to include specific examples of past projects or roles that demonstrate your expertise in these areas.
Craft a Compelling Cover Letter: Use your cover letter to explain why you're a great fit for this role. Mention your understanding of the insurance market, your technical skills, and how you can contribute to meeting Solvency UK requirements.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A well-presented application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at G MASS
✨Showcase Your Regulatory Knowledge
Make sure to brush up on the latest PRA Solvency UK regulations. Being able to discuss these changes confidently will demonstrate your understanding of the role and its requirements.
✨Highlight Your Technical Skills
Prepare to discuss your experience with SQL, SSRS, and SSIS in detail. Be ready to provide examples of how you've used these tools in past projects, especially in relation to data capture and reporting.
✨Communicate Clearly
Since the role involves liaising with both technical and business teams, practice explaining complex technical concepts in simple terms. This will show that you can bridge the gap between different stakeholders.
✨Demonstrate Problem-Solving Abilities
Be prepared to discuss specific challenges you've faced in previous roles and how you overcame them. This will highlight your proactive approach and organisational skills, which are crucial for this position.