Manager - FRC Reporting

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VN-8211

Permanent

Hove

Competitive

20 March 2018

We are crrently looking for a Manager (FRC Reporting) to be based in our Hove office

To manage the delivery of an effective and efficient financial reporting service relating to all businesses, providing financial results for all metrics, supporting analysis and commentary on a timely basis and to the appropriate level of quality.  Disseminate financial information in an effective and informative manner, ensuring its presentation and analysis meet the wide background and experience of the customer base.

Principal Accountabilities:

Delivery management. Manage a team to provide timely delivery of financial reporting results, for the appropriate business divisions, for all metrics (including but not limited to IFRS, EV, Peak 1/2, Solvency II, Economic Capital and ICA bases of reporting), meeting required internal and external standards.

Financial management. Manage the team to deliver timely and predictable financial results across an agreed range of financial metrics (e.g. IFRS operating profit, Net Cash, New Business strain). Highlight opportunities to maximise Business unit performance across the agreed range of financial metrics and challenge business plans and initiatives to ensure plans deliver the anticipated business benefits. Monitor progress of the agreed plans and provide corrective measures where necessary.

Customer relationship management. Manage the team to present and disseminate results to the external and internal customer, incorporating supporting analysis and commentary for all reporting metrics.  Manage ongoing liaison by continually developing and maintaining proactive engagement to ensure the delivery of financial results continues to meet needs and quality expectations.

Process and Change management. Manage the development, support and maintenance of the team’s financial reporting systems, processes and reporting methodologies, ensuring they are robust, incorporating system and process change as required for the ongoing production of the financial results. Identify and manage implementation of continuous improvement to processes.

Internal relationship management. Manage the relationship with the relevant Shared Services and Policy & Oversight and Group Finance functions, ensuring that the Reporting team acquires and maintains end-to-end knowledge and accountability for the financial results relating to that Business Unit. Provide expert analysis to the UK L&P team to enable effective and efficient consolidation of results.

Manage the relationship with the FRC Production Centre to ensure the Reporting team requirements are understood and documented in terms of timeliness and quality referencing the key dependencies on this service for the reporting cycle.

External relationship management – consultants, peer reviews and auditors Manage the relationship with the relevant external consultants, peer reviewers and auditors.

Planning. Manage the Reporting team through all planning phases by effectively prioritising and scheduling the team’s reporting activities, meeting the needs of all customers. Contribute to wider FRC team planning and resource allocation.

People management. Manage, motivate and develop employees at all levels, in a manner that is consistent with the company’s policies and procedures including the Partnership Agreement, to maximise the performance of the area.

Maintain and Comply with Standards. Comply with the relevant Group and Professional Standards – for example L&G Spreadsheet Standards, L&G Group Policies & Procedures and Technical Actuarial Standards.

Typically the jobholder will be a nearly qualified or qualified Actuary with post qualification experience within a Life company.

The jobholder will have very good knowledge of the following:

    - Reporting metrics: EV, IFRS, Peak 1, Solvency II and Economic Capital

    - Unit Linked products

    - UK Finance sector

The jobholder will have very good UK Financial Reporting experience.

Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 25 days' holiday (plus one day after two years), private medical insurance, performance related bonuses, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, as well as a 12% car allowance scheme, your hard work will be rewarded when you join us.

 

Please contact clare.williamson@landg.com with any queries

About L&G

Working here is about being there for our customers; we’re available should the worst happen and we work together to enable social and financial equality across the UK. But it’s also about you –how you develop and what you can achieve. We’ll help your talent thrive in an environment where you’ll be supported to work flexibly and autonomously, sharing in our success and rewarded for a great performance with a generous benefits package.

About the business area

From HR and Digital teams through to Group Finance, Risk and Corporate Comms – our Group function support our businesses across the UK and abroad. Delivering essential services and activities that have a real impact on our business and our customers lives, we enable our people to do what they do best, contributing to delivering a great customer service, profitability and strategic growth.

About L&G

Working here is about being there for our customers; we’re available should the worst happen and we work together to enable social and financial equality across the UK. But it’s also about you –how you develop and what you can achieve. We’ll help your talent thrive in an environment where you’ll be supported to work flexibly and autonomously, sharing in our success and rewarded for a great performance with a generous benefits package.

About the business area

From HR and Digital teams through to Group Finance, Risk and Corporate Comms – our Group function support our businesses across the UK and abroad. Delivering essential services and activities that have a real impact on our business and our customers lives, we enable our people to do what they do best, contributing to delivering a great customer service, profitability and strategic growth.