At a Glance
- Tasks: Lead regulatory reporting for a £80bn annuity portfolio and ensure high-quality outputs.
- Company: Join a forward-thinking finance team at L&G, committed to sustainability and inclusivity.
- Benefits: Enjoy competitive salary, performance bonuses, generous holidays, and electric car scheme.
- Other info: Collaborative culture with opportunities for career development and flexible working options.
- Why this job: Make a real impact in financial decisions while working flexibly in a supportive environment.
- Qualifications: Qualified Actuary with strong experience in life insurance and regulatory reporting.
The predicted salary is between 80000 - 100000 £ per year.
We’re looking for a Head of Regulatory Reporting to join our Institutional Retirement Finance team. This is a senior role within the team, where you will have accountability for divisional regulatory reporting across our £80bn annuity portfolio, including Matching Adjustment and non-Matching Adjustment fund reporting. You’ll play an important role in making sure that our reporting is clear, well controlled and delivered to a high standard. You’ll also work closely with teams across Finance, Actuarial, Risk, Internal Audit and Group, and help provide the insight and assurance needed to support key financial decisions.
This is a hybrid working opportunity, which will allow you to work flexibly between your home and the office, to help you find a work-life balance that works for you.
What you’ll be doing:
- Owning end-to-end oversight of divisional regulatory reporting across Matching Adjustment and non-Matching Adjustment funds
- Producing clear Profit & Loss Attribution (PLA) reporting outputs, governance materials and reporting recommendations
- Recommending surplus available for extraction based on robust analysis and reporting
- Engaging with senior stakeholders including the Divisional CFO, Group Chief Actuary, Line 2 and Group Internal Audit
- Setting and monitoring SLAs with production teams, data providers and business partners
- Investigating unexplained balances, process issues and technical transactions
- Improving reporting processes, controls, documentation and governance across the end-to-end process
- Supporting system, process and methodology changes with Actuarial and Financial Change Delivery team
Who we’re looking for:
- Qualified Actuary (FIA/FFA) or equivalent expertise and knowledge
- Strong experience in life insurance, ideally within annuities or bulk annuity products
- Comprehensive IFRS and Solvency II/Solvency UK reporting experience
- Strong understanding of Matching Adjustment reporting, PLA processes and regulatory requirements
- Excellent judgement and analytical skills, including the ability to review results for reasonableness
- Strong communication and influencing skills, with experience managing senior stakeholders
- Experience improving processes, controls or reporting governance would be helpful
- A collaborative, proactive approach and confidence working across a complex matrix environment
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you.
Benefits we offer:
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Healthcare Plan
- 30 days holiday, plus public holidays
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
- There are many discounts we offer - both for our own products and at a range of high street stores and online.
We’re creating net-zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in-person experience.
At L&G, we believe it’s possible to generate positive returns today while helping to build a better future for all. If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can.
It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.
Head of Regulatory Reporting - Institutional Retirement employer: PVH (Tommy Hilfiger/Calvin Klein)
Intapp is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration within the accounting and consulting sectors across EMEA. With a strong commitment to employee growth, Intapp provides ample opportunities for professional development and leadership coaching, ensuring that team members thrive in their careers while contributing to the company's strategic vision. The culture is built on accountability and high performance, making it an ideal place for those looking to make a significant impact in a rapidly evolving industry.
Contact Details:
PVH (Tommy Hilfiger/Calvin Klein) Recruitment Team
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