At a Glance
- Tasks: Join our Finance team to deliver key regulatory reporting and support decision-making.
- Company: AIG, a global market leader in finance and insurance.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Other info: Opportunities for mentorship and career growth in a collaborative environment.
- Why this job: Make a real impact in finance while working with a dynamic and supportive team.
- Qualifications: Qualified accountant with Big 4 experience and strong regulatory reporting knowledge.
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, delivering 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.
- Submission of the AIG UK Solvency II returns.
- Support the Head of Regulatory Reporting in Solvency II technical matters.
- Key contributor to the overall UK/EMEA Regulatory Reporting control environment in internal governance requirements.
- Responsible for Solvency II AIG UK and contributor for the Luxembourg regulatory technical experience gained internally or in a similar organization.
- 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.
- 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.
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.
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: Dormont Manufacturing Co
At AIG, we pride ourselves on being a global market leader that values our employees as our greatest asset. Our Finance team fosters a collaborative and inclusive work culture, offering comprehensive benefits through our Total Rewards Program that prioritises your health, wellbeing, and professional development. With ample opportunities for growth and mentorship, particularly in the dynamic field of regulatory reporting, AIG is an excellent employer for those looking to make a meaningful impact in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land UK Regulatory Reporting Accountant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like Dormont Manufacturing Co. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace UK Regulatory Reporting Accountant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Dormont Manufacturing Co.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Dormont Manufacturing Co's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Dormont Manufacturing Co
✨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 Dormont Manufacturing Co.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Dormont Manufacturing Co will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Dormont Manufacturing Co 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.
