The Finance Reporting Manager - Insurance will be responsible for overseeing financial and regulatory reporting for the Suffolk Life Annuities and Suffolk Life Pensions entities. Ensuring timely and accurate preparation of financial statements, regulatory submissions and entity management accounting information. This role will play a key part in maintaining strong financial controls and driving process improvements.
Key Accountabilities Include
- Preparation and delivery of accurate and timely financial statements in accordance with relevant accounting standards (IFRS).
- Production of Management accounting information to share with the Commercial finance teams
- Ensure timely and accurate submission of all regulatory returns to PRA and other relevant authorities.
- Ensure consistent implementation of accounting policies, procedures and controls for entities within the Insurance entities.
- Ensure compliance with all financial reporting obligations under relevant regulations and governance frameworks.
- Work closely with the regulatory reporting and capital teams to ensure accurate reporting of financial and capital-related disclosures.
- Identify and implement improvements in financial reporting processes, automation, and systems to enhance efficiency and accuracy.
- Lead and develop a high-performing reporting team, providing mentorship and career development opportunities.
- Foster a culture of continuous improvement, collaboration, and excellence within the finance function.
- Participation in forums and Working Groups as required
- Supporting good customer outcomes through
- Maintenance of financial accounting and reporting control
- Ensuring reliable complete financial information is captured for all components of the Group
- Meeting internal and external audit standards, remediating shortfalls if and when they arise
Achieving KPI’s/Targets Including
- Achieving required timeliness, completeness and accuracy measures
- Liaison with internal/external stakeholders
- Developing recommendations and decision making/escalation with respect to accounting, reporting and financial control risk matters
- Ensuring timely submission of required Statutory, Fiscal and Regulatory filings
- Maintaining appropriate level of technical skills for self and team
- Take responsibility in everything you do to deliver good outcomes for our customers
- Positively demonstrate the Nucleus Smart, Heart and Courage values and behaviours
- Ensure compliance with Code of Conduct at all times
About You
You will have,
- Extensive regulatory reporting experience including Solvency UK / Solvency II.
- Appropriate technical accounting and reporting qualifications gained in a professional services firm or in a series of relevant industry roles.
- Proven leadership skills acquired in roles building and developing specialist teams.
- Ability to communicate complex matters to a range of audiences.
- Knowledge of core finance systems and General Ledger systems and structures including reporting tools and applications.
- Ability to lead, motivate, inspire team to contribute fully to the wider leadership of the Finance Function and the wider Nucleus Group.
- Relevant qualifications: Chartered Accountant or Certified Accountant with continuous professional development record demonstrating learning ability and commitment to professional standards.
You will be comfortable,
- Working flexibly with some time required at the office
- Leading and developing teams who work flexibly and in multiple locations
Travelling when and where required to Nucleus business locations to fulfil your responsibilities.
A Little About Us
We are the Nucleus Financial Platforms group and we help make retirement more rewarding. Here at Nucleus, people come first - whether it’s our colleagues, or the advisers and customers we support, we know that working in partnership and collaboration leads to the best outcomes. Together, we’ve shaped the platform to how it is today. We work hard, and we celebrate hard too.
Our ambition is to create a platform with a difference, putting the customer centre stage meant tearing up the rule book and starting from scratch. We’ve come a long way since then, but our mission remains just as focused. That’s why our culture, values, and social responsibility are things we keep at the top of our agenda – because we know they matter and have a big impact.
Our culture is one of the many things that sets us apart from the pack. We want to have an environment where our people feel that they can make a real difference, know they’ll be rewarded for their efforts and more importantly, enjoy themselves at work.
Are we a perfect match? Check out this video and find out!
Inclusion and diversity at Nucleus
As with most things in life, who cares, wins. We really care about inclusion.
For us it’s not a tick box exercise; inclusion and diversity are embedded in our culture and everything we do. It’s a commercial imperative. It isn’t about being PC. It’s about being future-relevant and durable. We owe it to ourselves and the industry to ensure we are playing our part in creating a fair, balanced and transparent financial services sector.
More diversity means broader experience, a wider set of perspectives and a better collective ability to problem-solve. And it means being more representative of customer groups, which supports areas such as product development.
At Nucleus, we offer a generous blend of benefits for the things that really matter to our people, including a non-contributory pension, bonus, enhanced parental leave, paid time off for emergencies, health and wellbeing initiatives and flexible working options.
If you’d like to find out more about us or the role, you can get in touch with our recruitment team
