Role: Regulatory Reporting Accountant (6 month FTC)
Location: London
Position: Fixed Term Contract
This role sits in the Regulatory Reporting team for Syndicate 2001. The team is responsible for all Lloyd's regulatory reporting requirements, maintaining a high degree of delivery and accuracy to meet the Lloyd's timetable and associated management reviews. This is an initial 6 month contract role. The ideal candidate will have a proactive mindset, a high level of experience within the Lloyds reporting space and a skillset to support transformation and data initiatives.
Syndicate 2001 is one of the largest Lloyd’s syndicates in the market, with a board product segmentation and geographical spread. Maintaining a good relationship with Lloyd’s is essential.
Key responsibilities of the role are:
Preparation of Lloyd’s regulatory returns with accurate and timely production
Ensuring the returns are in line with regulatory requirements
Improving processes and reporting as systems develop and the business evolves
About The Job
While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:
Deliver accurate and timely financial reporting for MS Amlin Syndicate 2001, in respect of Lloyds regulatory reporting requirements and in line with the agreed working day timetable
The returns should be prepared to a standard is suitable for submission to Lloyd’s
Ensure returns are appropriately substantiated via a) understanding and application of suitable controls and b) appropriate analytical review
Understand the generation of data within the returns including source systems and associated controls
Perform analytical reviews to support explanations of movements within the financial accounts over the reporting period
Challenge the financial data inputs, integrity of information and examining the movements over accounts within assigned areas of responsibility
Strengthen and enhance systematic and automated controls, identifying and escalating key risks or upstream data deficiencies that could impact the integrity of the financial submissions and output
Engage with internal stakeholders; namely actuarial, FP&A and finance operations, to obtain required inputs and supporting analysis
Actively participate in training and professional development initiatives to support continuous learning and technical excellence
From time to time, perform other duties as assigned
You’re going to enjoy this job if you are:
Skilled with managing data and understanding reporting dependencies
Have a problem-solving mind-set and keen eye for detail
Are a motivated, dynamic individual looking to set high standards and deliver
Can explain complex data and Lloyd’s reporting requirements in simple terms
Embrace change and continuous improvement
Enjoy a collaborative working environment
What you’ll need:
For this particular role there are some important qualifications and experience we need you to have. These include:
Essential
ACA, ACCA, CIMA or equivalent accounting qualification
Strong understanding of the Lloyd’s Market and in particular recent and relevant experience of Lloyds reporting requirements
Strong controls and reconciliations experience
Good analytical and communication skills to articulate insights
Good organisational skills including effective scheduling, prioritisation and time management skills
Experience and successes in interpreting and manipulating data clearly and accurately
Proven track record of working in a deadline-driven environment
Proficiency in financial software
Desirable
Understanding of financial reporting and regulatory requirements specific to the insurance sector
Experience with or interest in automation of finance processes to meet accelerated timetables
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What Can You Expect From Us?
As well as a competitive base salary and performance related…