Regulatory Reporting Manager in Cardiff

(This is a hybrid role, and it requires travel to our Cardiff office at least twice a week)

Key Aspects of the Role:

This is a senior role within Group Finance, reporting to the Head of Group Reporting. The role is focused on managing the Group’s regulatory reporting processes and controls, and ensuring the deliver of high quality, technical and regulatory, internal and external reporting for the Group and its subsidiaries.

Key Duties and Responsibilities:

• Manage one direct report (a senior qualified accountant) and work closely with the Group’s subsidiary regulatory reporting teams to enable key deliverables as follows:
• The Group\'s solvency II reporting to the Group\'s regulators (The PRA in the UK) on a quarterly and annual basis, including the preparation of the Group\'s Annual SFCR (Solvency and Financial Condition Report) and other narrative regulatory reports
• Support the regulatory reporting processes and review of outputs in the Group’s UK, Gibraltarian and European subsidiaries – close liaison with the teams in Madrid and Gibraltar, oversight and review of local solvency and regulatory information, and actively contribute to the development of system, process and controls.
• Maintain and enhance a strong financial control environment within all processes noted above. This includes the potential to be involved in the development of the current process and/or implement new solutions.
• Preparation of reports and analysis for internal Boards and Committees to support the Group Quantitative Reporting Templates (QRTs) submitted to the regulators.
• Solvency reporting input to regular monthly Management Information prepared by the Group Finance team for the Group and subsidiary boards.
• Preparation of information submissions to meet ad-hoc data requests from the Group\'s regulators.
• Develop and maintain good relationships with the wider finance, risk, and actuarial teams - including the provision of regular and ad-hoc data requests from all parties.
• Work closely with the Group’s Solvency II Internal Model delivery team, in particular in relation to the Own Funds and Deferred Tax aspects
• Work closely with the actuarial reserving and capital teams on regular data quality assessment in line with Solvency II requirements.
• Potential for extending the size of the team following initial assessment of current team structure
• Perform an active role in the finance department senior management team.
• Qualifications, Skills, and Experience:
• Five or more years post qualification experience with a recognised accountancy qualification and a strong academic background.
• Background in financial services and a significant level of experience and ability in regulatory reporting
• Strong team management skills with a keen interest in supporting and developing team members
• Strong numeracy and analytical skills
• Excellent written and verbal communication skills
• Strong interpersonal skills and ability to build relationships and communicate effectively with senior management
• Self-motivated and proactive.

Please note - we may close this vacancy early if we receive lots of applications or business priorities change.

Admiral: Where You Can

We take pride in being a diverse and inclusive business. It\'s a place where you can Be You, and show up as you are. We’re committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service.

Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave.

We’re proud of our people-first culture. In fact, we\'ve been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We’re fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.

Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefitshere.

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