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Regulatory Accountant UK

American International Group, Inc.
London, United Kingdom
On-site

About this role

About the Role Regulatory Accountant UK within the UK Regulatory team in the Controllership Finance function with primary responsibility for assisting the Finance Reporting leads in delivering and meeting all regulatory reporting requirements (Solvency II/UK, ABI, ONS, MIB, NAIC etc) for AIGUK and the UK Solvency Group. This includes quarterly and annual Solvency II/Solvency UK Finance processes and controls and the delivery of required submissions to the PRA in accordance with governance requirements. What You'll Do

  • Responsibility for establishing robust processes within a strong control environment where required and engaging with key stakeholders to enable regulatory reporting and consolidation.
  • Assisting the Finance leads in the delivery of the regulatory returns for AIGUK to the PRA and other key regulators such as NAIC, ONS and ABI, including production of the EBS/SII Balance Sheet, QRTs and calculation of available capital for capital purposes
  • Development of the overall control environment and internal governance requirements
  • Strong technical knowledge of Solvency II/Solvency UK with relevant experience gained internally or in a similar organisation
  • Working closely with Accenture, the Legal Entity Reporting team and the US GAAP team to ensure consistency in processes and approach and integrated data flow from US GAAP SAP for downstream reporting purposes
  • Assisting in the preparation of results papers for stakeholders such as the AIGUK CFO, and other members of the Finance Leadership team
  • Acting as an SME for Finance projects relating to regulatory reporting
  • Assisting the External Audit, Actuarial, Risk and Tax teams for all financial reporting topics and issues
  • Working with Actuarial, ERM and Strategic Finance to drive internal and external reporting consistency, and timely resolution of issues
  • Developing and maintaining regulatory policies and methodologies to support the regulatory reporting
  • Implementation of best practice and ensuring effective and efficient processes are in place What We're Looking For
  • Experience of working in key related finance roles in large and complex organizations with complex systems, ideally BIG 4 or large Insurance company background
  • Solvency II/Solvency UK Reporting experience
  • Strong excel modelling skills and hands on experience with other office applications
  • Strong accounting technical knowledge in US GAAP/IFRS/Solvency II /Solvency UK preferable
  • Proven track record of delivering and working within tight timelines
  • Able to maintain motivation and deliver quality without supervision
  • Good communication & presentation skills, written and verbal
  • Self-starter, team player and able to manage time effectively to meet deadlines and priorities.
  • Ready to take your career to the next level? We would love to hear from you.
  • #LI-AIG Compensation & Benefits
  • At AIG Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on health, wellbeing and financial security—as well as professional development—to bring peace of mind to you and your family.
  • A culture of inclusion with Employee Resource Groups (ERGs) and global chapters, commitment to equal opportunity and reasonable accommodations for disabilities. If you need an accommodation, email [email protected].
  • Office-based culture and in-person collaboration to work as one team.

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