Core Purpose of the Role: The role is responsible to manage the Solvency II Reporting process and team leads to deliver and meet all regulatory reporting compliance (Solvency II, Solvency I, Branch Reporting, Trade bodies and associations).
Key Responsibilities:
- Technical and process scoping of all regulatory reporting requirements, including, but not limited to, Solvency II, Solvency I, branch reporting, trade bodies and associations and US regulatory reporting
- Production of all quarterly and annual regulatory reporting requirements, including ad-hoc information requests or queries relating to prior submissions
- Accountable to deliver Solvency I and Solvency II compliance within the reporting timeline.
- Accountable to meet all other regulatory filings required for a LUX regulated company including EU branch reporting and trade bodies and associations
- Managing data governance audits, internal audits (including FCU and SOX), external audits and communication with the Luxembourg Commissariat aux Assurances. (CAA)
- Provide technical reporting requirements support to legal and compliance team
- Responsible for overall reporting plan, governance and stakeholder management. Work closely with the India FC team to timely production of the regulatory returns
- Provide regular feedbacks and train the Finance Center team
- To conduct analytical reviews on judgments and assumptions used for the regulatory reporting including developing and maintaining policies and methodologies to support the regulatory reporting
- Implement best practices and ensure effective and efficient processes are in place.
- Suggest improvements in the reporting process and work closely with the project team to implement changes
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