Sydney CBD
$120000 - $130000 per annum
Job Type
Andrew McPherson
Contact email
Email Andrew
Our client is a leading insurance group and employer of choice. Due to an internal move they have an opportunity for a qualified financial accountant with insurance experience to join their high performing and collaborative regulatory reporting team.  

This is a great role which will be focused on 50% BAU and 50% project activities. Reporting into the head of regulatory reporting and capital key deliverables will include:

  • Ensuring all regulatory returns are prepared in accordance with regulatory requirements and submitted on time
  • Staying up-to-date on APRA prudential standards and reporting requirements, being able to interpret APRA guidelines changes and assess the impacts on regulatory reporting and capital requirements.
  • Identifying issues, information gaps for regulatory reporting and engaging across various divisions, eg. Finance, IT, Technical to continuously improve and streamline the regulatory reporting process.
  • Responsible for the ongoing process improvement of Regulatory reporting processes.
  • Active participation in regulatory reporting related projects driven by regulatory requirements changes, Accounting standard changes and business acquisitions.
  • Supporting capital management team in Internal Capital Model (ICM) calculation process
  • Responsible for monthly capital base and dividend estimations, monitoring the capital adequacy position for the company and flagging any issues.
  • Responsible for capital base projections in annual planning process to assess future dividend capacity of the Company.
  • Supporting annual Standard & Poors (S&P) review meeting and the presentation pack to maintain credit rating.
  • Responsible for survey submissions to Australian Bureau of Statistics (ABS) and New Zealand Statistics.
  • Ensuring all regulatory reporting process and controls are adequately documented and updated

This is an excellent opportunity to join one of the leading insurers in the Australian market offering superb career progression.

Required skills and experience:

  • Certified Public Accountant (CPA) or Chartered Accountant (CA) or close to completion.
  • Experience in performing APRA/regulatory reporting in a medium to large Financial services organisation.
  • Solid knowledge of Accounting standards and APRA prudential standards.
  • A positive, proactive and resilient attitude 
  • High attention to detail
  • Strong stakeholder management.
  • The ability to communicate effectively 
  • Demonstrated evidence of technical proficiency with systems, software, databases, reporting and communication tools