AEGON UK is a leading provider and distributor of life, pension and investment products for the corporate and personal markets.
The Box Management function carries out the daily box management process, with the aim of minimising shareholder risk by matching policyholder positions. The area also has responsibility for reporting on profit or loss generated from this activity. This includes making any risks visible through robust reporting, maximising data quality and the delivery of information by active review, ownership and effective controls of the data.
The department also:
manages and reports on external fund links operational issues
is responsible for the execution of investment trades within the external fund links
co-ordinates and executes new fund launches and maintains fund information across all business platforms
conducts price error analysis and resolution in compliance with Board and regulatory requirements
monitors fund price performance against agreed benchmarks
As the Assistant Box Manager, you’ll:
manage the Box Management Reporting and Analytics teams within Box Management, and be responsible for the delivery of robust, controlled reporting, and management information
provide overall leadership, management and training of the team to develop Box Management into a market-leading function
make sure appropriate team resource is allocated to meet regular reporting deadlines, escalating any issues
create a robust control environment, where issues are identified and resolved in good time and, if necessary, introduce further controls to mitigate residual risk
provide technical input into all aspects of the box reporting process, including an understanding of back-office systems and products and the impact of market moves on the policyholder
provide sign-off on all technical aspects of relevant box projects to make sure of correct box treatment and minimise risk,/
complete accounting for box profit and loss and monthly annual management charges for the production of regular reporting, and to challenge any unusual results to make sure data is accurate and of the highest quality,/
maintain successful communication with AEGON Asset Management and external companies to identify issues with asset positions during SOX compliance, developing and implementing new processes to address any weaknesses
actively review data quality and controls to identify and recommend revised processes leading to improved accuracy and efficiency
To be the Assistant Box Manager, you must have:
a qualification in accountancy, ideally be a part or qualified accountant
experience in team management with a proven record of managing teams
highly developed problem-solving skills (analysis, solution proposal and implementation)
strong medium- and long-term planning ability
strong relationship management skills, including conflict resolution
well-developed communication skills
a knowledge of life insurance products, and of Excel and complex functions
It would also help if you:
a knowledge of the principles of box management
an understanding of unit-linked accounting principles
Please send your CV and covering letter to Nicola Goodfellow, HR Resourcing – email@example.com
Please include information about your current salary and benefits package in your covering letter.
Criminal and credit checks will apply to this post.