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Head of Regulatory Reporting - Institutional Retirement

📅 Jul 31
Regulatory ReportingFinancial AnalysisLife InsuranceAnnuities

📜 Description

  • Own end-to-end oversight of divisional regulatory reporting across Matching Adjustment and non-Matching Adjustment funds.
  • Produce clear Profit & Loss Attribution (PLA) reporting outputs and governance materials.
  • Recommend surplus available for extraction based on robust analysis.
  • Engage with senior stakeholders including the Divisional CFO and Group Chief Actuary.
  • Set and monitor SLAs with production teams and data providers.
  • Investigate unexplained balances and improve reporting processes and controls.

🛠️ Requirements

  • Qualified Actuary (FIA/FFA) or equivalent expertise.
  • 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 and regulatory requirements.
  • Excellent judgement and analytical skills.
  • Strong communication and influencing skills with experience managing senior stakeholders.

Benefits

  • Our Institutional Retirement business is the UK's longest-serving active bulk annuity provider.
  • Institutional Retirement is the only insurer to have been operating continuously in the UK market from our entrance in 1987 to the present
  • Across our retail and institutional retirement businesses, we look after more than 1 million customers, around c.700,000 of whom are

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