At a Glance
- Tasks: Join our Finance team to deliver key regulatory reporting and support decision-making.
- Company: AIG, a global leader in insurance solutions with a focus on innovation.
- Benefits: Comprehensive benefits package for health, wellbeing, and professional development.
- Other info: Dynamic work environment with opportunities for continuous learning and career growth.
- Why this job: Make a real impact in finance while working with a supportive and inclusive team.
- Qualifications: Qualified accountant with experience in Solvency II and regulatory reporting.
The predicted salary is between 55000 - 65000 £ per year.
Join us as a UK Regulatory Reporting Accountant to take your career to the next level with a global market leader.
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 ensure timely production of the regulatory returns.
- Provide regular feedback and where necessary train the outsourced team.
- 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.
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters. At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.
Welcome to a culture of inclusion. We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honoured that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
UK Regulatory Reporting Accountant in London employer: AIG
At AIG, we pride ourselves on being a global leader in insurance solutions, offering a dynamic work environment that fosters collaboration and innovation. Our commitment to employee growth is reflected in our comprehensive Total Rewards Program, which prioritises your health, wellbeing, and professional development. Join us in London, where a culture of inclusion and continuous learning empowers you to make a meaningful impact while working alongside talented professionals in the finance sector.
StudySmarter Expert Advice🤫
We think this is how you could land UK Regulatory Reporting Accountant in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and regulatory reporting sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss Solvency II and US GAAP. Practise explaining complex concepts in simple terms, as this will impress interviewers and show your communication skills.
✨Tip Number 3
Showcase your problem-solving skills! Be ready to share examples of how you've tackled tight deadlines or complex reporting issues in the past. This will demonstrate your ability to thrive in a fast-paced environment like AIG.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at AIG. Let’s make your next career move a great one!
We think you need these skills to ace UK Regulatory Reporting Accountant in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the UK Regulatory Reporting Accountant role. Highlight your relevant experience, especially in Solvency II and regulatory reporting, and don’t forget to showcase your Big 4 background if you have it!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our Finance team. Mention specific experiences that align with the responsibilities listed in the job description.
Showcase Your Technical Skills:We’re looking for strong accounting technical knowledge, so make sure to highlight your expertise in US GAAP, UK GAAP, and Solvency II. Use examples from your past roles to demonstrate your understanding and application of these standards.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at AIG!
How to prepare for a job interview at AIG
✨Know Your Regulatory Reporting Inside Out
Make sure you brush up on your knowledge of Solvency II and other regulatory reporting requirements. Familiarise yourself with the specific regulations that AIG adheres to, as well as any recent changes in the industry. This will not only show your expertise but also demonstrate your commitment to staying updated.
✨Showcase Your Big 4 Experience
If you've got Big 4 experience, flaunt it! Be prepared to discuss specific projects or challenges you faced while working there. Highlight how this experience has equipped you with the skills needed for the role, especially in delivering complex financial reports under tight deadlines.
✨Prepare for Technical Questions
Expect to be quizzed on your technical accounting knowledge, particularly around US GAAP and UK GAAP. Brush up on key concepts and be ready to explain them clearly. Practising how to articulate complex ideas simply can set you apart, especially when discussing them with senior management.
✨Demonstrate Team Collaboration Skills
AIG values teamwork, so be ready to share examples of how you've successfully collaborated in a matrix structure. Discuss any mentoring or coaching experiences you've had, as this shows your ability to develop others while working cohesively within a team.