At a Glance
- Tasks: Support regulatory reporting for Lloyd's and Solvency II submissions with a focus on data accuracy.
- Company: Join a specialist team within the insurance sector, dedicated to regulatory excellence.
- Benefits: Enjoy a competitive salary and an initial 9-month contract with potential for growth.
- Other info: Collaborate with diverse teams and enhance your career in a dynamic environment.
- Why this job: Make a real impact in the insurance industry while honing your analytical skills.
- Qualifications: Experience in regulatory reporting and strong data handling skills are essential.
The predicted salary is between 45000 - 55000 £ 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: Workable
Togather is an exceptional employer, recognised as one of the UK's best places to work, offering a vibrant and supportive culture that fosters ambition and high performance. With generous benefits including hybrid working, a substantial holiday allowance, and unique perks like free food and regular team socials, employees are empowered to thrive both personally and professionally. Located in the heart of the live events industry, Togather provides unparalleled opportunities for growth and networking, making it an ideal place for those passionate about creating memorable experiences.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Analyst - Insurance in Gloucester
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Workable.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Workable might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Regulatory Reporting Analyst - Insurance in Gloucester
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Workable will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Workable. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Workable confidence in your short-term commitment to the role.
How to prepare for a job interview at Workable
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Workable.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Workable that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
