UK Regulatory Reporting Accountant

Join us a UK Regulatory Reporting Accountant to take your career to the next level with a global market leader.

Make your mark in Finance

Our Finance team plays an essential role in maintaining a healthy balance sheet at AIG. It delivers significant finance support for the overall enterprise, optimizing operations, controllership, funding, and capital structure to honour our stakeholder commitments. The team’s work is invaluable to informing leadership decision making, complying with regulatory requirements, and maintaining financial discipline, transparency and controls, while providing timely and meaningful information.

How you will create an impact:

You will be a key member of the Controllership team whose primary responsibility is the delivery of quarterly and annual Solvency II Finance processes and controls and required submissions to the prudential regulators in accordance with governance requirements for AIG UK.

Some of the key responsibilities include:

Support the Head of Regulatory Reporting in UK/EMEA Solvency II and other regulatory reporting requirements, including Luxembourg local regulatory reporting.

Key contributor to the overall UK/EMEA Regulatory Reporting control environment and internal governance requirements.

Working closely with the US GAAP and Legal Entity reporting teams to ensure consistency in processes, approach and integrated data flow from US GAAP SAP for downstream reporting purposes.

Provide support to External Auditors, Internal audit, Actuarial and Risk teams for all regulatory reporting topics and issues.

Working with Actuarial, ERM and Strategic Finance to drive internal and external reporting consistency, and timely resolution of issues.

Work closely with an outsourced team to timely production of the regulatory returns

Provide regular feedback and where necessary train the outsourced team.

To conduct analytical reviews on judgements and assumptions used for the regulatory reporting including developing and documenting policy methodologies to support the regulatory reporting.

What you’ll need to succeed

Qualified accountant with Big 4 experience preferable

Experience of delivering Solvency II and regulatory reporting within a large and complex insurance organisation with complex finance systems

Proven track record of delivering and working to tight timelines

Comfortable explaining difficult concepts to senior management

Able to work cohesively in a matrix structure with ability to mentor, coach and develop key staff

Strong accounting technical knowledge in US GAAP / European and UK GAAP / Solvency II / Solvency I technical accounting expertise with understanding and interpretation of accounting policies under US GAAP, UK GAAP and European