UK Regulatory Reporting Accountant

UK Regulatory Reporting Accountant

Full-Time 55000 - 65000 £ / year (est.) No home office possible
American International Group

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.
  • Why this job: Make a real impact in finance while working with a diverse and inclusive team.
  • Qualifications: Qualified accountant with experience in Solvency II and regulatory reporting.
  • Other info: Dynamic environment with opportunities for continuous learning and career growth.

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.

Make your mark in Finance

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.

  • 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 timely production of the regulatory returns.
  • Provide regular feedback and where necessary train the outsourced team.
  • To 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.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

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 honored 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 employer: American International Group

AIG is an exceptional employer that prioritises the growth and well-being of its employees, offering a comprehensive Total Rewards Program that supports health, financial security, and professional development. Located in the heart of London, our collaborative work culture fosters inclusion and innovation, allowing you to make a meaningful impact in the finance sector while working alongside talented professionals. Join us to be part of a dynamic team that values your contributions and invests in your future.
American International Group

Contact Detail:

American International Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land UK Regulatory Reporting Accountant

✨Network Like a Pro

Get out there and connect with people in the finance and regulatory reporting space. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to professionals for a chat. You never know who might have the inside scoop on job openings!

✨Ace the Interview

Prepare for your interviews by researching common questions related to Solvency II and regulatory reporting. Practice explaining complex concepts clearly and confidently, as you’ll likely need to demonstrate your technical knowledge. Remember, it’s not just about what you know, but how you communicate it!

✨Showcase Your Skills

When you get the chance, highlight your experience with US GAAP and your ability to work under tight deadlines. Use specific examples from your past roles to illustrate your expertise. This will help you stand out as a candidate who can hit the ground running.

✨Apply Through Our Website

Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. 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

Qualified Accountant
Big 4 Experience
Solvency II Reporting
Regulatory Reporting
US GAAP Knowledge
UK GAAP Knowledge
European GAAP Knowledge
Analytical Skills
Communication Skills
Project Management
Mentoring and Coaching
Attention to Detail
Ability to Work Under Tight Timelines
Collaboration in a Matrix Structure
Technical Accounting Expertise

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 experience 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 skills that align with the job description, like your ability to work under tight timelines and your strong accounting knowledge.

Showcase Your Team Spirit: We love collaboration at StudySmarter! In your application, share examples of how you've worked cohesively in a team or mentored others. This will show us that you can thrive in our matrix structure and contribute positively to our culture.

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 gives you a chance to explore more about our company and values.

How to prepare for a job interview at American International Group

✨Know Your Regulatory Stuff

Make sure you brush up on Solvency II and other regulatory reporting requirements. Familiarise yourself with the key concepts and recent changes in regulations, as this will show your commitment and expertise during the interview.

✨Showcase Your Big 4 Experience

If you've got Big 4 experience, flaunt it! Be ready to discuss specific projects or challenges you faced there, especially those related to regulatory reporting. This will help demonstrate your ability to handle complex finance systems.

✨Prepare for Technical Questions

Expect questions that dive deep into US GAAP and UK GAAP. Brush up on your technical accounting knowledge and be prepared to explain difficult concepts clearly, as this is crucial for communicating with senior management.

✨Demonstrate Team Collaboration Skills

Since the role involves working closely with various teams, be ready to share examples of how you've successfully collaborated in a matrix structure. Highlight any mentoring or coaching experiences to show your leadership potential.

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