Senior Regulatory Reporting Manager

EXL Service

  • London
  • Permanent
  • Full-time
  • 1 day ago
Job Description:EXL (NASDAQ: EXLS) is a global data and artificial intelligence ("AI") company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world's leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect.We are headquartered in New York and have more than 59,000 employees spanning six continents. For more information, visit .Role Title: Senior Regulatory Reporting ManagerBU/Segment:InsuranceLocation: London, United Kingdom (Flexible hybrid workingEmployment Type: PermanentSummary of the role:To prepare & perform peer review all the required regulatory reporting returns that need to be prepared for monthly/quarterly/annually on timely and accurate basis.As part of your duties, you will be responsible for:
  • Preparation & peer review all monthly / quarterly / regulatory returns required per various compliance regulations
  • Strong knowledge and operational hands on experience of dealing in Solvency II, Bermuda Regulations and NAIC Regulations
  • Manage and Review workload of approx. 8-10 offshore staff members for review and transition of Regulatory Reporting
  • Keep up to date with regulatory requirements and ensure timely implementation of changes including updates to policies, procedures manual and relevant returns
  • Produce organized workpaper documentation and detailed standalone desktop procedures timely in accordance with regulatory reporting instructions and in compliance with SOX, department policies, standards and procedures.
  • Recommend procedural changes / process improvement opportunities to streamline our process, and ensure the Accuracy and timeliness of the reporting process.
  • Oversee the implementation of any process automation done at client end in the inform of tools & technologies.
  • Develop a strong knowledge of our systems and tools to utilize them effectively in our report preparation.
  • Respond to internal/external inquiries regarding financial data reported or filed.
  • To create an internal environment where client is the focus of the business through appropriate communication, recognition and rewards.
  • To create systems and checks for internal compliance policies and guidelines and ensures maintenance of clear and precise records per the requirements.
  • Focus on team productivity, efficiency & accuracy improvements
  • On-board any new team member & complete training
  • Capture metrics in the process & analyse trends to take proactive measures
Qualifications and experience we consider to be essential for the role:Professional/Academic Qualifications
  • First Degree and Professional Accountancy Qualification (ACA or ACCA)
or
  • Masters degree in Accountancy
Experience/Knowledge
  • Minimum 10 years of working experience in London market regulatory reporting process environment.
  • Thorough experience in preparation and review of SolvencyII, BMA quarterly and annual return
Skills and Personal attributes we would like to have:Functional/Technical Skills:
  • Excellent attention to detail and high level of accuracy and good analytical skills.
  • High proficiency in Microsoft Office applications
Interpersonal Skills:
  • Strong communication and organisational skills in managing client, peers and other key stakeholder, able to show initiative.
  • Strong Team player
Language proficiency
  • Strong proficiency in English Language speaking and writing skills.
As part of a leading global analytics and digital solutions company, you can look forward to:
  • A competitive salary with a generous bonus, private healthcare, critical illness life assurance at 4 x your annual salary, income protection insurance, and a rewarding pension.
  • EXL provides everyday financial well-being solutions, such as cash back cards, in which you can earn cashback while enjoying discounts, promotions, and offers from top retailers. We also offer a Cycle Scheme where you can save money on bikes and cycling accessories.
  • At EXL, we are committed to providing our employees with the tools and resources they need to succeed and excel in their careers. We offer a wide range of professional and personal development opportunities. We also support a range of learning initiatives that allow our employees to build on their existing skills and knowledge. From online courses to seminars and workshops, our employees have the opportunity to enhance their skills and stay up to date with the latest trends and technologies.
  • As an Equal Opportunity Employer, EXL is committed to diversity. Our company does not discriminate based on race, religion, colour, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, age, or disability status.
  • EXL employees are eligible to purchase stock as part of our Employee Stock Purchase Plan (ESPP).
  • At EXL, we offer a flexible hybrid working model that allows employees to live a balanced, healthy lifestyle while strengthening our culture of collaboration.
To be considered for this role, you must already be eligible to work in the United Kingdom.

EXL Service