UK Regulatory Reporting Accountant in London

UK Regulatory Reporting Accountant in London

London Full-Time 49500 - 60500 £ / year (est.) Home office (partial)
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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 collaborative culture.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Other info: Inclusive culture that values diversity and offers excellent career growth opportunities.
  • Why this job: Make a real impact in finance while working with a dynamic and supportive team.
  • Qualifications: Qualified accountant with experience in Solvency II and regulatory reporting.

The predicted salary is between 49500 - 60500 £ 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.

Location: 58 Fenchurch Street, London, GBR

Type: Full time

UK Regulatory Reporting Accountant in London employer: American International Group (AIG)

At AIG, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our Finance team is integral to our success, providing ample opportunities for professional growth and development while fostering a culture of collaboration and inclusion. With a comprehensive benefits package that prioritises your health, wellbeing, and career advancement, AIG is committed to supporting you as you make a meaningful impact in the world of finance.

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Contact Details:

American International Group (AIG) Recruitment Team

We think you need these skills to ace UK Regulatory Reporting Accountant in London

Qualified Accountant
Big 4 Experience
Solvency II Reporting
Regulatory Reporting
US GAAP Knowledge
UK GAAP Knowledge
European GAAP Knowledge