Latest Vacancy: Project manager, accounting policy: Lloyds.London Responsibilities and Accountabilities Solvency II: • Lead the preparation of Lloyds market Pillar 3 submissions to the PRA on an interim basis in 2015 and under ˜live Solvency II from 2016 • Provide technical leadership to Corporation teams and managing agents on implementation and delivery of Pillar 3 requirements • Review EIOPA and PRA consultation papers and summarise for relevant departments and market (e.g. managing agents). Obtain input to proposals as appropriate and prepare responses to proposals. • Attend meetings with HMT, PRA, industry practitioners, trade association representatives (ABI and IUA) and other interested parties on Pillar 3 matters • Draft papers, presentations on any potential issues arising Developments in UK and international accounting standards: • Provide technical leadership to Corporation teams and managing agents on implementation of new UK GAAP requirements in 2015 • Monitor IFRS developments (particularly in relation to IFRS 4 Phase II (insurance contracts project) and assess impact on Lloyds • Plan for the potential implementation of IFRS 4 Phase II within the Lloyds market Skills, Knowledge and Experience • Qualified accountant • Detailed understanding of insurance and Lloyds market financial and regulatory reporting, including Solvency II Pillar 3 • Good understanding of Solvency II as a whole • Excellent technical knowledge of UK GAAP and IFRS • Knowledge/experience of Lloyds Core Market Return systems • Advanced knowledge of excel and access • Understanding of principles of XBRL Department Accounting Policy is responsible for the development and advancement of accounting policy at Lloyds. This includes: leading the completion of the implementation of the Solvency II regime at Lloyds; providing support on Lloyds and member level capital matters; and evaluating and assessing the impact of changes to policies under UK GAAP and IFRS. The work of the department is essential in ensuring that the Corporation and the market is ready to meet developments in accounting requirements and regulation, in order to maintain Lloyds competitive position at the forefront of the global insurance industry. Date posted: 25/12//2014
Posted on: Thu, 25 Dec 2014 20:44:33 +0000
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