Life Insurance Custody Officer (M/F)
Missions
Key responsibilities:
- Contractual documentation: follow up of LI account documentation
- Accounts opening: managing all the processes to open LI accounts (master and sub- accounts) and be the internal and external key contact for the documentation
- Ensuring controls at every stage of the opening account: Regulatory controls, Management and custody fees, etc.
- Operations : managing withdrawals, additional payment, fees, VAT
- Requests : managing requests about reporting, statements, web access, taxes, SWIFT connections, valuations, assets classification regarding the CAA circulars and driving resolutions and management of the queries about LI accounts
- Processes : insuring implementation of harmonized “custodian life insurance procedures”
- Regulation : maintaining awareness of regulatory developments (Priip’S, EMIR, etc.) and update LI procedures
- Prepare the Priip’s Files required by Insurance Companies
Legal and regulatory responsibilities:
- Comply with all applicable legal, regulatory and internal Compliance requirements
- Maintain appropriate knowledge to ensure to be fully qualified to undertake the role
- Complete all mandatory trainings as required to attain and maintain competence
- Adhere to, understand and promote an appropriate risk culture and sound risk management practice within the location; own and proactively act on results of first, second and third line controls within the business area of responsibility
Profil
- Degree in Business Management or economics
- Minimum 5 years previous relevant work experience within an insurance company in a commercial function or within an insurance function
- Client service orientation, ability to work under tight deadlines; excellent communication skills
- Autonomy, organization & ability to multi-task
- Knowledge of European Life Insurance environment (Legal, Tax, Regulatory) and products
- Team player and result-oriented
- The following applications can be used: G2, CRM, DocuPrint, LA Retrieve, Microsoft Office, Connaissance client, Docflow, LA Scanner
- English and French speakers; any other language is a bonus
Job Category: custody
Job Type: Full Time
Job Location: Luxembourg
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