UK Regulatory Reporting Accountant

Join us a UK Regulatory Reporting Accountant to take your career to the next level with a global market leader.

Make your mark in Finance

Our Finance team plays an essential role in maintaining a healthy balance sheet at AIG. It delivers significant finance support for the overall enterprise, optimizing operations, controllership, funding, and capital structure to honour our stakeholder commitments. The team’s work is invaluable to informing leadership decision making, complying with regulatory requirements, and maintaining financial discipline, transparency and controls, while providing timely and meaningful information.

How you will create an impact:

You will be a key member of the Controllership team whose primary responsibility is the delivery of quarterly and annual Solvency II Finance processes and controls and required submissions to the prudential regulators in accordance with governance requirements for AIG UK.

Some of the key responsibilities include:

• Support the Head of Regulatory Reporting in UK/EMEA Solvency II and other regulatory reporting requirements, including Luxembourg local regulatory reporting.
• Key contributor to the overall UK/EMEA Regulatory Reporting control environment and internal governance requirements.
• Working closely with the US GAAP and Legal Entity reporting teams to ensure consistency in processes, approach and integrated data flow from US GAAP SAP for downstream reporting purposes.
• Provide support to External Auditors, Internal audit, Actuarial and Risk teams for all regulatory reporting topics and issues.
• Working with Actuarial, ERM and Strategic Finance to drive internal and external reporting consistency, and timely resolution of issues.
• Work closely with an outsourced team to timely production of the regulatory returns
• Provide regular feedback and where necessary train the outsourced team.
• To conduct analytical reviews on judgements and assumptions used for the regulatory reporting including developing and documenting policy methodologies to support the regulatory reporting.

What you’ll need to succeed

• Qualified accountant with Big 4 experience preferable
• Experience of delivering Solvency II and regulatory reporting within a large and complex insurance organisation with complex finance systems
• Proven track record of delivering and working to tight timelines
• Comfortable explaining difficult concepts to senior management
• Able to work cohesively in a matrix structure with ability to mentor, coach and develop key staff
• Strong accounting technical knowledge in US GAAP / European and UK GAAP / Solvency II / Solvency I technical accounting expertise with understanding and interpretation of accounting policies under US GAAP, UK GAAP and European

#LI-AIG

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to [email protected].  

FA - FinanceAIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd