Role: Regulatory Reporting Accountant (12 month FTC)
Location: London
Position: Fixed Term
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 in a 12 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.
Job Description:
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
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
What Can You Expect From Us?
As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.
DE&I at MS Amlin
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.
MS Amlin is proud to be one of the founding partners of Lloyd’s Inclusive Futures programme which aims to get more Black and ethnically diverse people into the insurance industry - supporting them all the way from the classroom to the boardroom. Visit this link (Inclusive Futures Impact Report) to find out more about the programme and its aims and achievements so far.