Regulatory Reporting Accountant

Job Title: Regulatory Reporting Accountant

Contract Type: Permanent

Location: Alderley Edge  

Working style: Hybrid 50% home/office based 

Closing date: 29th December 2024

We are currently seeking a highly organised and detail-oriented Regulatory Reporting Accountant to join our team based in Alderley Edge. As the Regulatory Reporting Accountant, you will be responsible for the accurate and timely preparation of regulatory returns (including those under Solvency II) submitted to our various regulators and support the compilation of our Solvency and Financial Condition and Climate (TCFD) reports published annually on our website.

You will play a crucial role in providing financial information to external stakeholders, ensuring transparency and accuracy in our regulatory reporting processes.

This role is a fantastic opportunity to join the award-winning* Financial & Regulatory Reporting team. You will work closely with teams across Finance, Actuarial and the wider business to ensure the accurate provision of external reporting for the Group and its subsidiaries, contributing to maintaining the financial resilience of Royal London.

In joining the Financial & Regulatory Reporting team, you will become part of a team of technically skilled and experienced accountants and develop your financial reporting skillset in a challenging and dynamic environment.

*our 2023 Annual Report and Accounts won the Best Annual Report for an Unlisted Organisation at the 2024 Corporate Reporting Awards

About the role

• Compiling Royal London’s Single Group Solvency and Financial Condition Report (SFCR) published annually on the Group’s website.
• Preparing quarterly and annual Solvency II regulatory reporting templates for the Royal London Mutual Insurance Society and our Irish subsidiary, RLI DAC, for submission to our UK and Irish regulators.
• Supporting the co-ordination, verification, and execution of the Group’s climate (TCFD) reporting.
• Preparing reports to the Board and its Committees to support the review and approval of regulatory reports.
• Continually reviewing and challenging reporting processes to identify efficiencies and control improvements.

About you

• Qualified accountant with experience of Solvency II and/or other regulatory reporting ideal but not essential
• Good understanding of UK GAAP and ideally insurance accounting principles, systems, and procedures.
• Interest in or experience of sustainability reporting.
• Excellent analytical and numerical skills, attention to detail and ability to critically evaluate own and other’s work.
• Proven ability to manage and prioritise workload, including managing flow of critical inputs from other stakeholders.

About Royal London

We’re the UK’s largest mutual life, pensions, and investment company, offering protection, long-term savings and asset management products and services.   

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve. 

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits  

Inclusion, diversity and belonging 

We’re an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.