Head of Regulatory Control & Tax

About us

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 experience.
• 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.

If you require support with your application, please contact UK& .