Regulatory Reporting Lead

Job Introduction

With a hybrid approach requiring some days in our Folkestone office. You will need to be within a reasonable commuting distance to undertake this role.

Our people are everything to us. The way they deliver exceptional experiences every day for our customers, for their colleagues. The way they own what they do. Their 'Why's it like that?' curiosity. How they always think of others and work together to get things done. For us, for you, make do will never do. Good enough? Not even close. Come and do the best work of your life alongside lovely colleagues. Come to Saga. 

And now we are looking for a Regulatory Reporting Lead to join our Business Assurance team, within the Insurance function. As Regulatory Reporting Lead you will collate and review regulatory reporting pertaining to customer outcomes/conduct risk, ensuring timely delivery and alignment with the ever evolving regulatory landscape.

Insurance regulation is a fast growing field, with a constantly changing landscape - as Regulatory Reporting Lead you will be at the forefront of this growth within the business. You should be flexible and resilient, able to embrace change as it comes.  You are curious in nature with the ability to think fast on your feet, and able to come up with practical solutions to meet tight regulatory deadlines. You should be an exceptional communicator, confident at managing stakeholders across all levels of the business.

And in return, you can look forward to all the responsibility and involvement of an integral role, providing you with a rewarding and fast-paced career with an excellent benefits package.

So, if this is of interest to you and, you've experience within the insurance industry, then we would be keen to hear from you! 

Role Responsibility

• Collation and provision of timely accurate information, including executive summaries and results of investigations/analysis against relevant legal, regulatory and industry guidelines, with continued involvement and support in projects and new initiatives affecting the businesses outsourced activities
• Preparation of reports, summaries and data for the business and regulators, including but not limited to Fair Value Measures & GI Value Measures reporting and review.
• Applying latest compliance knowledge, to ensure regulatory reporting is in line with requirements and provides valuable insight to key stakeholders, supporting oversight and assurance that business activities are focused on good customer outcomes
• Actively engaging with Group functions and respective Business Partners to ensure that our reporting activity aligns with the associated frameworks, promoting a standardised approach across the business and contributing to the continuous improvement
• Identifying areas of potential conduct risk, investigating, and providing recommendations for improved business/operational/outsourced processes and/or controls, advocating quality and continuous Improvement
• Acting as a point of contact for key Stakeholders and Business Leads, fostering a positive, open, and honest culture that prioritises good customer outcomes
• Preparation of reports, summaries and data for regulators as required

The Ideal Candidate

• Highly organised, methodical, and ability to juggle a multitude of tasks and deadlines, whilst working under pressure
• Demonstrable skills that foster a positive culture that prioritises good customer outcomes and shows high levels of engagement with the wider business.
• High work ethic and drive, with the ability to self-manage
• Excellent business acumen
• Strong numeracy and spreadsheet skills, with the ability to challenge inconsistent looking information
• Confident in presenting reports across all business levels and the ability to challenge key stakeholders, taking a logical, pragmatic, and proactive approach to problem solving
• Experience of risk and compliance within a listed business or group function as part of second line
• Strong report writing and experience in presenting
• Familiarity of project management would be advantageous

Our values are:

• Precision Pace - Always owning and making things happen.

• Empathy – Always aware of others.

• Curiosity – Always asking why.

• Collaboration – Always one team, the Saga team!

Package Description

The standard benefits when you join Saga include: 

• Remote working available where possible

• 25 days annual leave plus bank holidays with the choice to buy a further 5 days annual leave per year 

• Free private medical insurance after 1 years' service 

• Workplace Pension 

• AXA Be Supported 

• A range of reductions and offers from leading retailers, travel groups and entertainment companies

About the Company

Having spent our first 30 years focused on travel, Saga launched Saga Magazine and developed home and motor insurance and financial services in the 1980s. Private medical and pet insurance followed in the 1990s, along with the launch of our own cruise ship operation. The strength of the Saga brand provides the Group with the ability to develop in-house or partner with suppliers to offer our customers and members highly differentiated, competitively priced products which meet their evolving needs.

Saga exists to help our customers and members lead the life they want to lead. To succeed in this, we know that the most important thing to do is to listen to our customers and members. At the heart of our business model is our drive to know more about our customers’ wants and needs so we are best placed to serve them.

Applying this approach over the past 70 years has enabled us to become the UK's specialist provider of products and services to people aged over 50 in the UK. The Saga brand has become one of the most recognised and trusted brands amongst UK consumers in this demographic and is recognised for its high quality products and exceptional standards of service. These include cruises and holidays, insurance, personal finance and the Saga Magazine.

When you join Saga you will see that we are committed to treating all employees fairly and to offering equal opportunities in all aspects of employment and advancement.

We value diversity not just because it is the right thing to do, but because diverse teams perform better. Creating a culture in which everyone feels welcome and offering equal opportunities in all aspects of employment and advancement is incredibly important to us. Fair consideration is given to applications from all applicants, including those with disabilities and those over who are over 50 as we are champions of age inclusivity.

We are an official Disability Confident Committed employer and ensure that our recruitment process is inclusive and accessible and we will make reasonable adjustments as required.

We are a member of the 30% Club and partner with Women Ahead which offers us a fantastic opportunity to take part in a leading, global, cross-company, leadership mentoring scheme to champion female talent.

We are a signatory of the Armed Services Covenant and have received a Silver Award from the Employer Recognition Scheme. 

To all recruitment agencies: Saga does not accept agency CVs unless specifically engaged on the role by the HR Recruitment Team. Please do not forward CVs to our recruiters, employees or any other company location. Saga is not responsible for any fees related to unsolicited CVs.

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Saga Group