Assistant Manager
Full Time
Job Description
- Perform technical reviews of the Solvency and Financial Condition Report (SFCR) and fieldwork documentation completed by audit teams
- Evaluate technical issues, consult with Senior technical reviewers and respond to queries raised by audit teams during file reviews
- Communicate observations and recommendations for resolution clearly to the senior members of the audit teams in writing and verbally
- Take responsibility for review planning, management and engagement with the audit team
- Develop content and deliver training to audit teams
- Contribute to the delivery of high quality prudential regulatory advice to insurance clients on the impacts of a changing risk and regulatory landscape on their business models and supporting them through that change
- Provide advice across a range of topics and emerging regulatory risk areas, including authorizations, approvals, capital requirements, group structuring, governance, and regulatory reporting, recovery and resolution, climate change risk
- Communicate clearly analysis, observations and recommendations in writing and verbally
- Take responsibility for engagement planning and management on a day-to-day basis
- Act as day-to-day lead on client engagements, managing small teams where required
- Keep up to date with industry specific issues and circumstances which affect insurance regulation, support with analysis of emerging issues
- Prepare and deliver presentations, training, thought leadership and marketing materials
- Support bids and proposals for new client opportunities and grow existing valued client relationships
- Develop client relationships and utilize network to identify opportunities for KPMG to perform additional services
- Work effectively as a team member sharing responsibility, providing support and updating senior members on progress
- Mentor staff and conduct performance reviews and contribute to performance feedback for staff
Required Knowledge, Skills, and Abilities
- Good knowledge of insurance regulations (Solvency II, in particular) and experience of applying this to a range of different issues
- Either experience as an external auditor at audit senior/in-charge level or consulting experience, with excellent client liaison and communication skills as well as commercial awareness
- Ability to develop new business opportunities for the insurance regulation team to deliver
- Strong project management experience
- Ability to work in a client facing and consulting role, with ability to build networks and relationships
- Proactive attitude with a desire for the opportunity for personal and professional growth
- Thorough understanding of Solvency II reporting, governance and capital requirements
- 3+ years' experience of delivering audit or risk regulatory services to insurers
- Strong academic background including at least a 2:1 Bachelor's degree (or equivalent) in a business, legal, actuarial, or finance related degree
- Up to date knowledge of the regulatory environment impacting insurers
- Possess a relevant professional qualification (such as ACA)
- Strong written and verbal communication skills for report writing and client presentations
- Proven technical and analytical ability to dissect client issues and propose commercial solutions
- Ability to priorities and challenge
Reference no: 103888