Senior Regulatory Reporting Manager
London, GB, EC3V 0HR
Let’s care for tomorrow.
Your ambitions. Your dreams. Your tomorrow
Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.
We are looking for a Senior Regulatory Reporting Manager (UK Branch), based in London.
The Impact You Will Have
The Senior Regulatory Reporting Manager is responsible for ensuring accurate, governed, and timely delivery of UK regulatory reports (PRA Solvency UK, FCA, FSCS, FOS). Serving as the liaison between the UK branch and AGCS SE's global accounting teams in Germany, the role ensures local compliance, control oversight, and proactive engagement with UK regulators. It coordinates with other AGCS accounting departments outside the UK, such as those handling US-related NAIC and state premium returns.
Functionally embedded within AGCS SE's global accounting organization, the position reports to the Head of Insurance Closing & Reporting in Germany, aligning with group-wide reporting frameworks, policies, and methodologies. Additionally, it holds direct accountability to the UK branch manager for UK regulatory reporting, including sign-offs, regulator communication, and issue escalation, ensuring technical alignment with AGCS standards while maintaining UK branch oversight in line with regulatory governance expectations.
Some of your specific responsibilities could include:
Regulatory Reporting and Oversight:
-
Prepare and coordinate UK and US regulatory reports, including Solvency UK QRTs and US NAIC IID submissions.
-
Ensure compliance with UK PRA and FCA rules and act as the first local reviewer for reports.
-
Oversee timely and complete submissions with proper documentation.
-
Liaise with the UK branch manager to ensure reports reflect business dynamics.
-
Validate figures, investigate anomalies, and provide insights to management.
Governance, Control, and Documentation:
-
Establish and maintain reporting processes and control frameworks.
-
Define materiality and variance thresholds, ensuring effective segregation of duties.
-
Lead documentation and change management for UK and US NAIC reporting.
-
Collaborate with central teams to enhance reconciliation controls.
-
Ensure consistent application of definitions and methodologies.
Liaison and Assurance:
-
Serve as the primary UK finance contact for PRA, FCA, and auditors.
-
Coordinate responses to regulatory queries and inspections.
-
Lead local sign-off coordination with the UK branch manager, ensuring compliance with PRA SS40/15.
Know-how, Change, and Project Management:
-
Track and assess impacts of new regulatory requirements.
-
Act as a knowledge hub for UK-specific regulatory requirements.
-
Facilitate training sessions and knowledge sharing with global staff.
-
Contribute to global projects aimed at improving reporting quality and efficiency.
What You’ll Bring to the Role:
Qualifications
-
Qualified accountant (ACA, ACCA, or equivalent).
-
7–10 years’ experience in UK financial and regulatory reporting within the insurance industry.
-
Proven understanding of UK regulations (PRA, FSCS) and direct liaison experience with regulators and auditors.
Skills
-
Excellent analytical and problem-solving skills; ability to articulate complex financial concepts clearly.
-
Strong process documentation and control mindset.
-
Good knowledge of underwriting and insurance business dynamics at AGCS for effective validation and support.
-
Excellent communication skills for working with diverse teams, global managers, and external stakeholders.
-
Experience in cross-functional collaboration and building strong relationships with stakeholders.
-
Proactive and independent, comfortable in a matrix organization.
-
Skilled in managing change in volatile, complex environments, especially when implementing new finance processes and tools.
-
The ability to ensure ethical AI practices and stay updated with emerging AI technologies will be key to maintaining a competitive advantage.
-
A deep knowledge of artificial intelligence (AI) and machine learning (ML), with the ability to leverage AI-driven insights to shape strategic decisions and drive innovation across the organization.
86675 | Finance & Accounting | Management | Allianz Commercial | Full-Time | Permanent