At a Glance
- Tasks: Join our team to manage regulatory reporting and ensure compliance in a dynamic finance environment.
- Company: AIG, a global leader in insurance solutions, values innovation and collaboration.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Other info: Inclusive culture that celebrates diversity and offers continuous learning opportunities.
- Why this job: Make a real impact in finance while growing your career with a market leader.
- Qualifications: Experience in finance roles, strong knowledge of Solvency II, and excellent communication skills.
The predicted salary is between 58500 - 71500 £ per year.
Join us as a Regulatory Accountant UK to grow your career with a global market leader. Make your mark in the UK Regulatory team within the Controllership Finance function with primary responsibility for assisting the Finance Reporting leads in delivering and meeting all regulatory reporting requirements (Solvency II/UK, ABI, ONS, MIB, NAIC etc) for AIG UK and the UK Solvency Group. This includes quarterly and annual Solvency II/Solvency UK Finance processes and controls and the delivery of required submissions to the PRA in accordance with governance requirements.
How you will create an impact
- Responsibility for establishing robust processes within a strong control environment where required and engaging with key stakeholders to enable regulatory reporting and consolidation.
- Assisting the Finance leads in the delivery of the regulatory returns for AIG UK to the PRA and other key regulators such as NAIC, ONS and ABI, including production of the EBS/SII Balance Sheet, QRTs and calculation of available capital for capital purposes.
- Development of the overall control environment and internal governance requirements.
- Strong technical knowledge of Solvency II/Solvency UK with relevant experience gained internally or in a similar organisation.
- Working closely with Accenture, the Legal Entity Reporting team and the US GAAP team to ensure consistency in processes and approach and integrated data flow from US GAAP SAP for downstream reporting purposes.
- Assisting in the preparation of results papers for stakeholders such as the AIG UK CFO, and other members of the Finance Leadership team.
- Acting as an SME for Finance projects relating to regulatory reporting.
- Assisting the External Audit, Actuarial, Risk and Tax teams for all financial reporting topics and issues.
- Working with Actuarial, ERM and Strategic Finance to drive internal and external reporting consistency, and timely resolution of issues.
- Developing and maintaining regulatory policies and methodologies to support the regulatory reporting.
- Implementation of best practice and ensuring effective and efficient processes are in place.
What you’ll need to succeed
- Experience of working in key related finance roles in large and complex organisations with complex systems, ideally BIG 4 or large Insurance company background.
- Solvency II/Solvency UK Reporting experience.
- Strong excel modelling skills and hands-on experience with other office applications.
- Strong accounting technical knowledge in US GAAP/IFRS/Solvency II/Solvency UK preferable.
- Proven track record of delivering and working within tight timelines.
- Able to maintain motivation and deliver quality without supervision.
- Good communication & presentation skills, written and verbal.
- Self-starter, team player and able to manage time effectively to meet deadlines and priorities.
Ready to take your career to the next level? We would love to hear from you.
Regulatory Accountant UK employer: American International Group (AIG)
AIG is an exceptional employer, offering a dynamic work environment in London where collaboration and innovation thrive. With a strong commitment to employee growth, our Total Rewards Program ensures comprehensive benefits that prioritise your health, wellbeing, and professional development. Join us to be part of a culture that values diversity and inclusion, empowering you to make a meaningful impact in the finance sector while advancing your career with a global leader.
Contact Details:
American International Group (AIG) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Accountant UK
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We think you need these skills to ace Regulatory Accountant UK
Some tips for your application 🫡
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How to prepare for a job interview at American International Group (AIG)
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with American International Group (AIG).
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✨Network with Industry Professionals
Before your interview, reach out to current or former American International Group (AIG) employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
