Head of Regulatory Control & Tax

HDI is a Corporate & Specialty Insurer part of the Talanx Group. With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide.

The role

• As a key member of the finance leadership, be the Expert in the Finance area for all regulatory and statutory technical issues
• Deliver technical insurance reporting requirements to the Regulators and Statutory authorities for all HDI entities in UK & Ireland
• Work with the Financial Control team to ensure that all necessary disclosures are made in statutory financial statements
• Ensure effective control and robust governance structures over all financial data being submitted to regulators
• Lead any changes needed in external reporting requirements resulting from changes in accounting standards or regulatory reporting requirements
• Review all External reports before submission to Statutory, Regulatory or Tax authorities
• Ensure all deadlines are complied with in respect of regulatory & tax reporting

Key accountabilities

• Recruit, train and motivate team members where appropriate to ensure the effective running of the external reporting function
• Identify and monitor skills gaps and training requirements of the function
• Build a strong relationship across the wider team in the UK and in Head Office
• Actively support the Head of Finance in developing the wider department strategies and people goals
• Be actively involved in market initiatives through networking and market meetings and ensure alignment with HDI processes and system changes
• Be the go to person for accounting standard queries

Regulatory Reporting

• Review & Submission of ARTs / QRTs to the PRA/CBI ensuring accuracy, timeliness and compliance with evolving regulatory requirements
• Review of all financial data prior to submission to regulators
• Input to IFRS reporting to Head Office
• Input into UK subsidiary SFCR, RSR and ORSA

Statutory Reporting

• Lead the update and implementation of accounting standard changes relevant for HDI entities in the UK and Ireland
• Work with the Financial Control team to ensure adequate disclosures are made in statutory financial statements
• Review draft statutory reports before submission to auditors

Tax

• Oversee tax department
• Review of Corporation tax for UK and Ireland entities
• Review of VAT & IPT returns prior to submission to tax authorities

Process Improvements

• Build knowledge of reporting from the different systems
• Constantly drive process improvements to drive efficiency and enhance the quality, automating where possible

Skills & experience

• Qualified Accountant
• Expert in technical accounting standards
• Experience in regulatory reporting and taxation matters
• Regulatory reporting
• Insurance accounting experience
• Strong knowledge of Microsoft Excel
• Particularly strong attention to detail, communication and organisation skills required

Other

As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one.

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