Team –
Life Finance
Working Pattern -
Hybrid – 2 days per week in the Vitality London Office. Full time, 37.5 hours per week.
We are happy to discuss flexible working!
Top 3 skills needed for this role:
- Strong understanding of IFRS for Insurance
- Solvency Reporting
- Managing annual financial processes
What this role is all about:
The primary purpose of the role is to support the Life Finance Director with the financial reporting for the VitalityLife business unit. This hands-on role will have a broad remit to lead on the financial reporting of VitalityLife and to support the wider business with related matters. It will have a specific focus on IFRS 17 reporting (group and statutory reporting) as well as Solvency II reporting.
Key Actions
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Ensuring the timely and accurate of IFRS 17 and Solvency II reporting including:
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Annual Report and Accounts and technical disclosures
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Annual Solvency and Financial Condition Report (SFCR)
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Annual and half yearly Solvency II Quantitative Reporting Templates (QRTs)
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Full-year and interim Group Reporting (via the OneStream system)
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Working closely with the wider finance (local and group) team and actuarial valuation team to provide support, knowledge and guidance relating to technical reporting matters in particular IFRS 17 GMM and Solvency II own funds.
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Develop and maintain a best-in-class financial reporting control framework.
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Own the UK accounting policies and application in Vitality.
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Lead on technical reporting process improvements, automation and data management.
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Primary contact for the external and internal auditors for all technical reporting matters.
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Supporting the process of understanding the financial results, including period on period movements.
What do you need to thrive?
- Qualified accountant with significant post qualification experience in the insurance sector.
- Recent hands-on experience on IFRS 17 General Measurement Reporting.
- Proven history of producing high quality financial reporting in a fast paced and changing environment.
- Strong technical understanding of IFRS 17 GMM technical concepts.
- Strong writing skills and ability to convey complex information clearly.
- Strong, self-driven work ethic in both a team and independent setting.
- High level of IT proficiency - Excel, General Ledger, Reporting System.
- VitalityLife has a June year end and therefore flexibility of working hours in the busy period of July, August and September is required.
So, what's in it for you?
- Bonus Schemes – A bonus that regularly rewards you for your performance
- A pension of up to 12%– We will match your contributions up to 6% of your salary
- Our award-winning Vitality health insurance – With its own set of rewards and benefits
- Life Assurance – Four times annual salary
These are just some of the many perks that we offer! To view the extensive range of benefits we offer, please visit our careers page.
Fantastic Benefits. Exciting rewards. Great career opportunities!
If you are successful in your application and join us at Vitality, this is our promise to you, w
e will:
- Help you to be the healthiest you've ever been.
- Create an environment that embraces you as you are and enables you to be your best self.
- Give you flexibility on how, where and when you work.
- Help you advance your career by playing you to your strengths.
- Give you a voice to help our business grow and make Vitality a great place to be.
- Give you the space to try, fail and learn.
- Provide a healthy balance of challenge and support.
- Recognise and reward you with a competitive salary and amazing benefits.
- Be there for you when you need us.
- Provide opportunities for you to be a force for good in society.
We commit to all these things because we want you to feel that you belong, and are supported to be happy and healthy.
About The Company
We're really excited to announce that we have recently been awarded
"Top 10 Best Places To Work"
in The Sunday Times Awards 2024!
Vitality is a multi-award-winning UK insurance brand, here to make the world a healthier, happier place.
We've been a purpose and values-driven business from day 1- long before it became fashionable. Our core purpose is to make people healthier and enhance protect their lives. Vitality pioneered shared-value insurance. We incentivise people to live healthier longer lives – they benefit, our business benefits, and society benefits. We're successful because we attract, develop, and retain the best people – and because we care.
Plus, you get to join our 1.7+ million members with access to our unique health insurance and healthy living programme. Just to make sure you know our products inside and out.
Ready to find out if we're the right fit for you? We can't wait.
Diversity & Inclusion
We're committed to diversity and inclusion because it's good for our employees, for our business, and for society. To learn more please visit our Careers page.
Vitality's approach to sustainability
Vitality is a business that drives positive change. We reward people for making and sustaining healthier choices. But healthy people also need a healthy environment. To learn more please visit our Careers page. #LI-Hybrid
If we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early. If you are interested, please submit your application as soon as possible.