Regulatory Reporting Analyst
15 hours ago
We are looking for a highly skilled individual to join our team as a Heritage Product Support Analyst.
This role offers the opportunity to work with a range of products, including life insurance, investments, and pensions, and to contribute to the development of new products and services.
Key Responsibilities:
- Using Excel to calculate manual claim values and unit adjustments.
- Generating calculations for regulatory reporting/updates, ensuring accuracy and timeliness.
- Providing support during change implementation, product training, and risk event delivery.
- Identifying areas for improvement and implementing annual policy fees and mutual bonus declarations.
- Collaborating with Technical Support and Business Support Ops Assurance on regulatory returns/queries and system issues.
- Monitoring quality control through monthly spot-checking of Customer Experience Claims calculations.
- Obtaining annuity quotes from different providers and providing data to Actuaries for market comparisons.
- Processing high-risk and regulatory control reports and manual workarounds.
- Developing and maintaining key relationships across the business.
- Proficiency in Microsoft Office applications, including Excel, is essential.
- Strong knowledge of Life, Pensions, savings, and investment products is desirable.
- Excellent communication skills are required.
- A degree or A-Level qualifications with experience in Financial Services is preferred.
The estimated salary for this role is around £40,000 per annum, based on national averages.
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