SENIOR MANAGER - REGULATORY REPORTING

Job Description

Company DescriptionHelping over ten million people around the world manage their savings, retirement plans and life insurance requires a lot of people behind-the-scenes. Its up to us in L&G Group functions - which includes our tech and digital teams, Group Finance, HR, Risk and Corporate Comms to provide the essential support services that all areas of the business need, here in the UK and overseas. Simply put, we enable everyoneat Legal & General to do what they do best. That means were helping to improve our customers lives, and contributing to the success of the business every day. Applications close 2nd May 2024Job DescriptionYour role at a glanceThe LGAS (Legal and General Assurance Services) Reporting team is responsible for the delivery of Statutory and Regulatory Reporting for LGAS. This role focuses on management, production, and review of Solvency II Pillar 3 reporting QRTs, and other regulatoryreturns on a quarterly and annual basis. The role also involves working closely with business divisions to support the accounting and delivery of quarterly and annual IFRS results for a General Insurance reinsurance agreement within LGAS. What youll be doing

• You will manage the delivery of LGAS regulatory and capital reporting, including liaison with external auditors and delivery of outputs to the PRA and other regulatory bodies.
• You will ensure reporting is performed to agreed levels of accuracy, with appropriate liaison with divisional Finance team, Group technical resources, other business areas and external auditors.
• You will proactively develop and deliver internal and external SII and capital metrics and commentaries. Including the collection, analysis and production of fee block information reported and paid to various regulatory bodies and ad hoc information requestsfrom the regulatory bodies.
• You will identify, manage, and monitor issue resolution during reporting production, ensuring communication with key stakeholders and appropriate reconciliation of key metrics.
• You will develop system reporting expertise (GFAS, OneStream, SII Assist, Magnify, RegData, etc.).
• You will fully maintain and review key financial controls in the LGAS regulatory/IFRS reporting space, including EUC appraisals and process enhancements.
• You will review and approve the delivery of ad hoc information requests from the regulatory bodies, liaising with other business areas as appropriate.
• You will continually review and challenge processes to establish efficiencies whilst maintaining control and quality.
• You will work with internal stakeholders and suppliers across Group Finance and Divisions to ensure deliverables are understood, planned and delivered by the financial reporting processes.

Qualifications

• Qualified accountant from a recognised accountancy body.
• Previous Solvency II and regulatory reporting experience or a background in insurance reporting is essential.
• Previous life reporting experience an advantage.
• Good understanding of existing IFRS requirements and ability to analyse and interpret other reporting frameworks.
• Good communication skills and create / deliver concise reports.
• Ability to proactively manage own workload.
• Ability to work with others to find pragmatic solutions to process and accounting issues.
• Ability to maintain and develop reconciliations and adhere to control environment.
• Proactive approach to investigating and understanding changing regulatory requirements and ability to understand the impact on the business, systems, processes and reporting.
• Advanced excel skills
• Be part of a culture of teamwork and participation with colleagues both within own and wider teams

Be willing to coach more junior team members and act as a mentor Additional InformationWhen you commit to Legal & General, well commit to you too. That means well recognise and reward your hard work, your performance and your contribution. If you join us, youll get access to some great benefits, including private medical insurance, 27 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, whichoffers employees the option to hire a brand new electric car through tax efficient salary sacrifice. Were also proud to offer competitive family leave. Youll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of - both for our own products and at a range of high street storesand online offerings. Legal & General is a leading financial services organisation, named Britains Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future. Were one of the worlds largest asset managers, homebuilders, pension providers and insurers.Connecting to form a unique business model which drives value for our customers and society. And enabling our people to create impact through work that is meaningfuland valued. 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 initiativeswhich support people to develop their careers and excel. We strive to be open, mindful, and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs. 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. If youre open to find out more, wed love to hear from you.