Were 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.
Youll play an important role in making sure that our reporting is clear well controlled and delivered to a high standard. Youll 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 youll be doing:
- Owning end-to-end oversight of divisional regulatory reporting across Matching Adjustment and non-Matching Adjustment funds
- Producing clear Proft & 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 were 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. Here are some of the 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
- Were creating netzero carbon workplaces by 2030 by investing in our sustainable modern offices across the UK all designed to bring people together and elevate the inperson experience
Additional Information :
At L&G we believe its possible to generate positive returns today while helping to build a better future for all.
If you join us youll 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 doesnt matter if you dont 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.
Remote Work :
No
Employment Type :
Full-time
Experience: yearsVacancy: 1
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