Analista de Solvencia / Financiero-Actuarial Grupo Asegurador

Country: Spain

IT STARTS HERE

Santander (www.santander.com) is evolving from a global, high-impact brand into a technology-driven organization, and our people are at the heart of this journey. Together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.

This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.

Our mission is to contribute to help more people and businesses prosper. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

The Wealth Management & Insurance division covers three businesses in all Santander Group countries: Insurance, Asset Management and Private Banking. We work to provide the best solutions to our clients in these three businesses in the 10 countries where we are present.

THE DIFFERENCE YOU MAKE

Santander is looking for an Analista de Solvencia/Financiero-Actuarial Grupo Asegurador based out of Boadilla del Monte.

We’re shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas. To succeed in this role, you will be responsible for:

• Solvency II: Participation in all three pillars of the framework, i.e., calculation of the Group Solvency Position (Pillar I); support in the preparation and review of the ORSA Report (Pillar II); and support in the preparation and review of all the regulatory reports (quarterly and annual QRTs, SFCR, and RSR; Pillar III).
• Financial–Actuarial Tasks: Collaboration in the accounting monitoring of the holding company, processes related to IFRS 17, general financial management and actuarial issues, analysis of results, monitoring of the annual budget, and cash flow projections.
• Regulatory and Supervisory Matters: Participation in monitoring insurance sector regulations and assessing their impact on the Group’.
• Support in Other Tasks of the Department: Preparation of presentations and other documents, coordination with affiliated entities, collaboration in internal and external audits…

WHAT YOU’LL BRING

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organization. We’re enabling teams to go beyond by valuing who they are and empowering what they bring.

The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Professional Experience

• 1 to 5 years of experience in Solvency II, regulatory reporting for insurance companies, financial–actuarial departments within the insurance sector, or consulting in the insurance industry. (Required)

Education

• Bachelor’s degree in Business Administration, Finance, or Economics (Required).
• Postgraduate degree in Actuarial and Financial Sciences (Required)

Languages

• Fluent English. (Required)

Hard Skills

• Solid understanding of the Solvency II framework (regulatory requirements and reporting structure). (Required)
• Knowledge of the General Accounting Plan and Accounting Plan for Insurance Companies and IFRS 17 framework. (Required)
• Advanced proficiency in Microsoft Office. Experience with data management tools (VBA, SAS, SQL, ORACLE) and actuarial software (RAFM, PROPHET, RESQ, EMBLEM) will be valued, as well as familiarity with solvency reporting tools used by supervisors in Spain and other countries (DGSFP Capture Tool and XBRL). (Required

WE VALUE YOUR IMPACT

Your contribution matters, and it’s recognized. You can expect a fair, competitive reward package that reflects the impact you create and the value you deliver. But we know rewards go beyond numbers.

• We’re enable our teams to go beyond through global opportunities and broad career paths.
• Flexibility that works. Enjoy a hybrid working models—some days remote, some days onsite with your team—along with flexible hours.
• Learning for life. Access hundreds of courses on our platforms, including exclusive access to our global learning space: Santander Open Academy (www.santanderopenacademy.com)
• Competitive rewards. Receive a highly competitive salary with performance-based bonuses, motivating you to keep growing with us.
• Financial advantages. Benefit from preferential banking terms, special interest rates on loans, life insurance, and more.
• Your health is our priority. Through BeHealthy, our global wellness programme, we promote Holistic wellbeing.
• We know family is everything. That’s why we offer childcare support and family-friendly programmes tailored to each life stage.
• Always by your side. Get access to Santander Contigo, our program for employees and their families offering legal, emotional, and administrative advisory services.
• Extra benefits. Gym/WellHub membership, medical centers in some of our facilities, meal subsidy, parking, shuttle service from various points in Madrid, as well as exclusive discounts and offers for Santander employees. And that’s only the beginning—we’ll tell you more when you join!

We’re here to keep you motivated, help you reach your goals, and celebrate your progress, every step of the way.

LOCAL COMPLIANCE

Santander is proud of being an organization where there are equal opportunities regardless of age, gender, disability, civil status, race, religion or sexual orientation. We are committed to providing an inclusive and accessible application process for all candidates.

WHAT TO DO NEXT

If this sounds like a role you are interested in, then please apply.