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Job Description

The Regulatory Reporting Team functions as part of the Group Reporting & Insights team within the Old Mutual Limited (OML) Group.

The team has a broad knowledge of the business across the group due to the rigorous reporting required for designated Insurance Groups and Financial Conglomerates. This requires interaction with stakeholders across the group and regulatory bodies, leading to a strong working relationship with all the business segments within OML.

Reporting to the OML Group Regulatory Manager, the role will be primarily accountable for the preparation of the Group’s regulatory reporting to the Regulator and for internal and external purposes. The successful candidate will:

own the process of planning, preparing and analysing submissions to the PA and other regulatory bodies on behalf of the designated Insurance Group and Financial Conglomerate;

own the process of preparing ad-hoc regulatory submissions (including applications) as and when required;

own the process of compiling the off balance sheet schedule which supports the IFRS and Regulatory reporting purposes

adhere to strict internal timelines to achieve deadlines set by the regulator;

support key stakeholders and manage interdependencies between Balance Sheet Management (BSM), Office of the Chief Actuary, Group Actuarial, Segment Finance and the Group Reporting & Insights teams with regulatory matters;

support the external audit process by adhering to timelines and addressing queries timeously;

support the business planning capital process (incl. ORSA) to ensure these are completed (with supporting analysis) timeously, including the production of relevant elements of the capital dashboard for BSM;

drive operational excellence through active process review and improvements that ensure deliverables are performed accurately and efficiently;

keep abreast with regulatory developments and ensure compliance within processes;

participate in knowledge sharing initiatives within Group Reporting & Insights team

have an understanding of legal and management consolidation structures with a strong appreciation of need for process disciplines and controls

Job Requirements

Minimum requirement: Qualified CA (SA)

HFM/Onestream experience advantageous

Attention to detail & strong analytical skills

Good communication skills – able to present complex reporting matters / issues to senior management

Strong Excel skills

Willing and able to learn fast and assimilate a significant amount of information

Flexibility and willingness to work outside strictly defined role and hours when required

Motivated self-starter & team player

Skills

Education

Bachelors Degree (B)

Closing Date

05 July 2024

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.

All prospective employees are required to disclose their vaccination status as part of the recruitment process.

Please refer to the Old Mutual’s Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so.

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