(Senior) Business Consultant - NAIC reporting

1 Month ago • All levels • Business Analysis

Job Summary

Job Description

As a Business Consultant in the SaaS delivery team, you will work with experienced colleagues to provide solutions and services to SimCorp's global market units, including NAIC Reporting. You will be responsible for implementing and maintaining configuration solutions based on SimCorp Dimension for the US insurance industry. This includes supporting the NAIC solution, analyzing new requirements, participating in client workshops, and creating documentation. You will also be involved in client training. The role requires collaboration and communication skills to bridge finance and business, as well as an organized and initiative-driven approach. The role offers exposure to different market units and various parts of SimCorp's internal organization.
Must have:
  • Academic degree in Management, Finance, Business, Mathematics/IT, Physics or similar
  • Broad financial market knowledge gained through several years of experience in the financial sector
  • Sound technical knowledge and understanding of SQL and programming languages like Visual Basic
  • Collaboration and communication skills, bridging finance and business
  • Organized way of thinking alongside an initiative-driven perspective
  • Skill to perform effectively whether collaborating with others or working solo
  • High drive and ability to prioritize in a changing global environment
  • Fluency in spoken and written English
Good to have:
  • Experience with SimCorp Dimension or other investment management software
  • Experience with NAIC Accounting and Reporting requirements
  • Accounting experience in general
  • Knowledge of financial instruments or the asset management business
  • Experience working in a globally distributed organization

Job Details

WHAT MAKES US, US 

Join some of the most innovative thinkers in FinTech as we lead the evolution of financial technology. If you are an innovative, curious, collaborative person who embraces challenges and wants to grow, learn and pursue outcomes with our prestigious financial clients, say Hello to SimCorp! 

At its foundation, SimCorp is guided by our values — caring, customer success-driven, collaborative, curious, and courageous. Our people-centered organization focuses on skills development, relationship building, and client success. We take pride in cultivating an environment where all team members can grow, feel heard, valued, and empowered.

If you like what we’re saying, keep reading! 

Why this role is important to us 

In the SaaS delivery team you will work with experienced colleagues who are experts in providing solutions and services to the SimCorp market units globally. The combination of market experience in the area of regulations and SimCorp Dimension expertise creates an environment of quick learning.   

SimCorp's global reach will give you exposure to different market units and multiple parts of SimCorp's internal organization. The SaaS Delivery team provides a broad range of services including NAIC Reporting. We are looking for a Business Consultant who assumes responsibility for keeping SimCorp's solution updated in collaboration with the NAIC Reporting Team and colleagues in different SimCorp locations.  

 

What you will be responsible for 

Implementation and maintenance of configuration solutions based on SimCorp Dimension for the US insurance industry.  

  • Support maintenance and enhancement of SimCorp's NAIC solution in close collaboration with other team members and departments  

  • Analyze new and upcoming NAIC requirements and run impact assessments on SimCorp Dimension  

  • Participate in workshop sessions with the clients, presenting configuration enhancements, discussing new developments, gathering requirements  

  • Implementation and maintenance of our solutions for North American clients  

  • Create, maintain and run test cases. Verify results of reconciliation.  

  • Create and enhance the documentation of the NAIC solution  

  • On the job training with the clients  

 
 

What we value 

Most importantly, you can see yourself contributing and thriving in the position described above. How you gained the skills needed for doing that is less important. We expect you to hold several of the following and be able to - and interested in - learning the rest.  

  • An academic degree in Management, Finance, Business, Mathematics/IT, Physics or similar  

  • Broad financial market knowledge gained through several years of experience in the financial sector in one of the following fields: Front Office, Back Office, Accounting, Fund Accounting, Consulting or Professional Services within the Financial sector or implementation role for a software vendor.  

  • Sound technical knowledge and understanding (knowing e.g. SQL and programming languages like Visual Basic)  

  • Collaboration and communication skills, bridging finance and business.  

  • An organized way of thinking alongside an initiative-driven perspective  

  • The skill to perform effectively whether collaborating with others or working solo.  

  • A high drive and the ability to prioritize between multiple stakeholders in a changing global environment.  

  • Fluency in spoken and written English  

 

Nice to have: 

  • Experience with SimCorp Dimension or any other investment management software  

  • Experience with NAIC Accounting and Reporting requirements  

  • Accounting experience in general  

  • Knowledge of financial instruments or the asset management business and processes  

  • Experience working in a globally distributed organization.  

 

Next steps 

Please send us your application in English via our career site as soon as possible, we process incoming applications continually. Please note that only applications sent through our system will be processed. At SimCorp, we recognize that bias can unintentionally occur in the recruitment process. To uphold fairness and equal opportunities for all applicants, we kindly ask you to exclude personal data such as photo, age, or any non-professional information from your application. Thank you for aiding us in our endeavor to mitigate biases in our recruitment process. 

 

If you are interested in being a part of SimCorp but are not sure this role is suitable, submit your CV anyway. SimCorp is on an exciting growth journey, and our Talent Acquisition Team is ready to assist you discover the right role for you. The approximate time to consider your CV is three weeks.  

 

We are eager to continually improve our talent acquisition process and make everyone’s experience positive and valuable. Therefore, during the process we will ask you to provide your feedback, which is highly appreciated. 

WHO WE ARE

For over 50 years, we have worked closely with investment and asset managers to become the world’s leading provider of integrated investment management solutions. We are 3,000+ colleagues with a broad range of nationalities, educations, professional experiences, ages, and backgrounds in general.   

SimCorp is an independent subsidiary of the Deutsche Börse Group. Following the recent merger with Axioma, we leverage the combined strength of our brands to provide an industry-leading, full, front-to-back offering for our clients.  

SimCorp is an equal-opportunity employer. We are committed to building a culture where diverse perspectives and expertise are integrated into our everyday work. We believe in the continual growth and development of our employees, so that we can provide best-in-class solutions to our clients.  

 

#LI-Hybrid 

 

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About The Company

SimCorp is a provider of industry-leading integrated investment management solutions for the global buy side. Founded in 1971, with more than 3,000 employees across five continents, SimCorp is a truly global technology leader that empowers more than half of the world’s top 100 financial companies through its integrated platform, services, and partner ecosystem. SimCorp is a subsidiary of Deutsche Börse Group. As of 2024, SimCorp includes Axioma, the leading provider of risk and management and portfolio optimization solutions for the global buy side.

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