Reporting to the Head of Cost Allocations, the Cost Allocations Manager will be responsible for ensuring accurate model operation whilst managing multiple stakeholders, communicating complex allocation results in a clear and concise way.
This role will begin working remotely and can then be based between working from home and one of our offices in London/Stirling/Edinburgh.
Key Responsibilities for this role:
Direct line management of 3 onshore colleagues and indirect management of 3 offshore colleagues
Accountable for overseeing the operation of the cost allocation model
Accountable for ensuring the group's intercompany balances are correct and liaising with senior leaders to ensure costs are appropriately spread across them
Ensuring that unit costs are accurately provided to key actuarial staff to support the Y/E valuation process
Accountable for accurate allocation of all asset management costs down to a fund level and be able to provide innovative MI to support fund profitability analysis
Deliver future allocation improvements that arises through from either regulatory or business requirements
This will include the development of a new front end analytical tool to improve ongoing analysis Liaise with year end audit teams to validate allocation assumptions
Refresh the allocation methodology and refreshing on an annual basis
Key Knowledge, Skills & Experience:
Experience across a range of finance specialisms with strong numerical and analytical skills
Experience of either fund profitability and or actuarial reserving is desirable
A strong people manager who can motivate a team to deliver in a demanding environment.
This role requires a qualified Accountant/Actuary with significant PQE Work
