At a Glance
- Tasks: Lead UK regulatory reporting and ensure compliance with PRA and FCA rules.
- Company: Join a global insurance leader with a focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Make a real impact in regulatory reporting while working with diverse teams.
- Qualifications: Qualified accountant with 7-10 years in UK financial reporting and strong analytical skills.
- Other info: Opportunity to drive change and enhance reporting quality in a fast-paced environment.
The predicted salary is between 36000 - 60000 Β£ per year.
We are looking for a Senior Regulatory Reporting Manager (UK Branch), based in London.
The Senior Regulatory Reporting Manager is responsible for ensuring accurate, governed, and timely delivery of UK regulatory reports (PRA Solvency UK, FCA, FSCS, FOS). Serving as the liaison between the UK branch and AGCS SE's global accounting teams in Germany, the role ensures local compliance, control oversight, and proactive engagement with UK regulators. It coordinates with other AGCS accounting departments outside the UK, such as those handling US-related NAIC and state premium returns.
Functionally embedded within AGCS SE's global accounting organization, the position reports to the Head of Insurance Closing & Reporting in Germany, aligning with group-wide reporting frameworks, policies, and methodologies. Additionally, it holds direct accountability to the UK branch manager for UK regulatory reporting, including sign-offs, regulator communication, and issue escalation, ensuring technical alignment with AGCS standards while maintaining UK branch oversight in line with regulatory governance expectations.
Some of your specific responsibilities could include:
- Regulatory Reporting and Oversight: Prepare and coordinate UK and US regulatory reports, including Solvency UK QRTs and US NAIC IID submissions. Ensure compliance with UK PRA and FCA rules and act as the first local reviewer for reports. Oversee timely and complete submissions with proper documentation. Liaise with the UK branch manager to ensure reports reflect business dynamics. Validate figures, investigate anomalies, and provide insights to management.
- Governance, Control, and Documentation: Establish and maintain reporting processes and control frameworks. Define materiality and variance thresholds, ensuring effective segregation of duties. Lead documentation and change management for UK and US NAIC reporting. Collaborate with central teams to enhance reconciliation controls. Ensure consistent application of definitions and methodologies.
- Liaison and Assurance: Serve as the primary UK finance contact for PRA, FCA, and auditors. Coordinate responses to regulatory queries and inspections. Lead local sign-off coordination with the UK branch manager, ensuring compliance with PRA SS40/15.
- Know-how, Change, and Project Management: Track and assess impacts of new regulatory requirements. Act as a knowledge hub for UK-specific regulatory requirements. Facilitate training sessions and knowledge sharing with global staff. Contribute to global projects aimed at improving reporting quality and efficiency.
What You'll Bring to the Role:
- Qualifications: Qualified accountant (ACA, ACCA, or equivalent). 7-10 years' experience in UK financial and regulatory reporting within the insurance industry. Proven understanding of UK regulations (PRA, FSCS) and direct liaison experience with regulators and auditors.
- Skills: Excellent analytical and problem-solving skills; ability to articulate complex financial concepts clearly. Strong process documentation and control mindset. Good knowledge of underwriting and insurance business dynamics at AGCS for effective validation and support. Excellent communication skills for working with diverse teams, global managers, and external stakeholders. Experience in cross-functional collaboration and building strong relationships with stakeholders. Proactive and independent, comfortable in a matrix organization. Skilled in managing change in volatile, complex environments, especially when implementing new finance processes and tools. The ability to ensure ethical AI practices and stay updated with emerging AI technologies will be key to maintaining a competitive advantage. A deep knowledge of artificial intelligence (AI) and machine learning (ML), with the ability to leverage AI-driven insights to shape strategic decisions and drive innovation across the organization.
Senior Regulatory Reporting Manager in London employer: 55 Redefined Ltd
Contact Detail:
55 Redefined Ltd Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Senior Regulatory Reporting Manager in London
β¨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and engage with professionals on platforms like LinkedIn. We canβt stress enough how important it is to make those personal connections that could lead to job opportunities.
β¨Tip Number 2
Prepare for interviews by researching the company and its regulatory environment. Understand their challenges and be ready to discuss how your experience aligns with their needs. We want you to walk into that interview feeling confident and ready to impress!
β¨Tip Number 3
Showcase your expertise! Bring examples of your past work, especially those that highlight your analytical skills and understanding of UK regulations. We believe that demonstrating your knowledge can set you apart from other candidates.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, weβre always looking for talented individuals who can contribute to our team, so make sure you put your best foot forward!
We think you need these skills to ace Senior Regulatory Reporting Manager in London
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Senior Regulatory Reporting Manager role. Highlight your experience in UK financial and regulatory reporting, and donβt forget to mention any direct liaison with regulators. We want to see how your skills align with what weβre looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why youβre the perfect fit for this role. Talk about your understanding of UK regulations and your experience in the insurance industry. We love seeing passion and personality in applications!
Showcase Your Analytical Skills: Since this role requires excellent analytical and problem-solving skills, make sure to include examples of how you've tackled complex financial concepts in the past. We want to know how you validate figures and investigate anomalies!
Apply Through Our Website: Donβt forget to apply through our website! Itβs the best way for us to receive your application and ensures youβre considered for the role. Plus, it gives you a chance to explore more about StudySmarter and what we stand for!
How to prepare for a job interview at 55 Redefined Ltd
β¨Know Your Regulations
Make sure you brush up on UK regulations like PRA and FCA rules. Being able to discuss these confidently will show that youβre not just familiar with the requirements but also understand their implications for the role.
β¨Showcase Your Analytical Skills
Prepare examples of how you've tackled complex financial problems in the past. Highlight your analytical skills by discussing specific instances where you validated figures or investigated anomalies, as this is crucial for the Senior Regulatory Reporting Manager position.
β¨Demonstrate Communication Prowess
Since you'll be liaising with various stakeholders, practice articulating complex concepts clearly. Think about how you can convey your experience in working with regulators and auditors effectively during the interview.
β¨Be Ready for Change Management Questions
Expect questions about managing change in a complex environment. Prepare to discuss your experience with implementing new finance processes and tools, and how youβve facilitated training sessions or knowledge sharing in the past.