At a Glance
- Tasks: Lead regulatory reporting for an insurance business, ensuring compliance and accuracy.
- Company: Join a dynamic financial services client in the heart of London.
- Benefits: Enjoy a competitive salary, bonus, and hybrid working options.
- Why this job: Be part of a high-performing team driving process improvements and compliance.
- Qualifications: Must have a professional accountancy qualification and 10 years' regulatory reporting experience.
- Other info: Immediate interviews available; diverse applicants encouraged.
The predicted salary is between 90000 - 110000 £ per year.
Financial Services client is hiring for a Regulatory Reporting Manager with London Market experience for their team based in London. This is a permanent role based in the City, working on a hybrid basis (2-3 days). Salary on offer is between £90K – £110K + Bonus + Benefits. You will take ownership of the preparation, review, and delivery of key regulatory reporting requirements across their Insurance business. This role is central to ensuring accuracy, compliance, and timely submission of all monthly, quarterly, and annual returns, while also driving process improvements and supporting a high-performing offshore team.
Responsibilities:
Prepare and peer-review all required regulatory returns (monthly, quarterly, and annual) in line with compliance regulations.
Ensure strong adherence to Solvency II, Bermuda Monetary Authority (BMA), and NAIC reporting requirements.
Manage, oversee, and review the workload of a team of 8-10 offshore staff, including transition of regulatory reporting activities.
Stay current with evolving regulatory requirements and lead the timely implementation of updates across policies, procedures, and reporting.
Produce clear, well-documented workpapers and maintain detailed desktop procedures in compliance with SOX and internal standards.
Identify and recommend process improvements to streamline reporting, enhance accuracy, and increase efficiency.
Oversee the adoption and implementation of process automation tools and technologies.
Build deep knowledge of internal systems and tools to enhance reporting capabilities.
Respond to internal and external queries regarding submitted financial data.
Skills and Experience:
Professional Accountancy Qualification (ACA/ACCA) or Master\’s degree in Accountancy.
At least 10 years\’ experience in London Market regulatory reporting.
In-depth knowledge and hands-on experience in preparing and reviewing Solvency II, BMA, and NAIC returns.
Exceptional attention to detail, accuracy, and strong analytical ability.
High proficiency in Microsoft Office applications.
Strong communication and organisational skills, with experience engaging peers, clients, and senior stakeholders.
Please apply for immediate interview!
CBSbutler is operating and advertising as an Employment Agency for permanent positions and as an Employment Business for interim / contract / temporary positions. CBSbutler is an Equal Opportunities employer and we encourage applicants from all backgrounds.
Regulatory Reporting Manager - London Market employer: CBSbutler Holdings Limited
Contact Detail:
CBSbutler Holdings Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Reporting Manager - London Market
✨Tip Number 1
Network with professionals in the London Market. Attend industry events, webinars, or local meetups to connect with people who are already working in regulatory reporting roles. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Stay updated on the latest regulatory changes affecting the London Market. Subscribe to relevant newsletters or follow industry leaders on social media to demonstrate your knowledge during interviews and discussions.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved processes in previous roles. Highlighting your experience with process automation tools and your ability to lead teams will set you apart from other candidates.
✨Tip Number 4
Familiarise yourself with the internal systems and tools commonly used in regulatory reporting. If possible, take online courses or tutorials to enhance your skills, as this will show your commitment to the role and readiness to hit the ground running.
We think you need these skills to ace Regulatory Reporting Manager - London Market
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in regulatory reporting, particularly within the London Market. Emphasise your qualifications, such as your ACA/ACCA certification, and detail your relevant work history to align with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Discuss your experience with Solvency II, BMA, and NAIC reporting, and how you have successfully managed teams in previous roles.
Showcase Process Improvement Skills: In your application, provide examples of how you have identified and implemented process improvements in past positions. This will demonstrate your proactive approach and ability to enhance efficiency, which is crucial for this role.
Highlight Communication Skills: Since the role involves engaging with peers, clients, and senior stakeholders, make sure to illustrate your strong communication skills. Include specific instances where you effectively communicated complex regulatory information to diverse audiences.
How to prepare for a job interview at CBSbutler Holdings Limited
✨Know Your Regulations
Make sure you have a solid understanding of Solvency II, Bermuda Monetary Authority (BMA), and NAIC reporting requirements. Be prepared to discuss how your experience aligns with these regulations and any challenges you've faced in ensuring compliance.
✨Showcase Your Leadership Skills
As you'll be managing a team of offshore staff, highlight your leadership experience. Discuss specific examples where you've successfully overseen a team, managed workloads, or implemented process improvements that enhanced efficiency.
✨Prepare for Technical Questions
Expect technical questions related to regulatory reporting and financial data preparation. Brush up on your knowledge of the tools and technologies used in the industry, and be ready to explain how you've utilised them in your previous roles.
✨Demonstrate Attention to Detail
Given the importance of accuracy in regulatory reporting, be prepared to provide examples of how you've ensured precision in your work. Discuss any processes you've put in place to maintain high standards and how you handle discrepancies when they arise.