Solvency Reporting Officer (Solvency II)

Do you want to be a central part of leading the company's financial resilience and stability? The Risk Management Department is looking for a Solvency Officer who loves numbers, analysis, and regulatory precision. In this role, you will be a leading professional factor in performing Solvency II calculations (with an emphasis on market risks), managing ongoing reporting, calculating capital forecasts and sensitivity scenarios, while collaborating closely with local and global interfaces, senior management, and the regulator.

What will your day look like?

• Performing periodic solvency calculations (Israel and Europe) with an emphasis on market risks, running ORSA scenarios, sensitivity analyses, and capital forecasts.
• Working closely with Actuarial and Accounting teams and familiarity with IFRS-17
• Examining capital requirements for new products/investment channels and providing recommendations for effective capital management
• Responsibility for the quality and extraction of data for models, implementing controls, investigating gaps between periods, and documenting methodologies for audit
• Presenting analyses and capital metrics in senior forums (Management and Board of Directors)

• Relevant education – Accounting / Economics / Business Administration / Statistics / Actuarial Science
• At least 3 years of experience in Solvency II processes in insurance companies – Mandatory
• High proficiency in Excel – Mandatory, familiarity with SQL and BI tools (such as PowerBI / Tableau) – Significant advantage
• Proficiency in English – Mandatory
• High analytical abilities
• Teamwork/working with various interfaces
• Presentation skills