About us

Our client is a Specialty and Commercial Lines Insurer, who is part of one of the largest insurance groups in Europe.

The role

We are looking for a junior member of staff looking to qualify in their accountancy exams whilst supporting the financial reporting team.

A self-starter and enthusiastic individual keen to improve processes and enhance their data skills.

Key accountabilities

Support the financial reporting team in the following areas:

Financial Control

• Quarterly balance sheet reconciliations (technical and intercompany)
• Quarterly financial controls (eg. pipeline review, negative reserve checks etc.)
• Investigate and fix any issues
• Liaise with auditors

Regulatory Reporting (PRA and other)

• Support the production of Solvency UK returns (QRTs / ARTs) to the PRA (including working with the actuaries to produce a SUK balance sheet, a breakdown of investments, reinsurance etc.)
• Levy reporting information (FSCS, Flood Re, ELTO, London Fire Brigade)

Group Reporting

• Quarterly group reporting pack - production and commentary
• Year on year result analysis
• Reinsurance split analysis

Quarterly Insurance Result Production

• Manual profit commission calculations
• Manual reinsurance adjustments
• Year on year checks (GWP, earnings, commission, loss ratios etc.)
• Investigating any issues

General Balance Sheet Clear-Up

• Review / reconcile historic balances for accuracy

Process Improvements

• Automate processes where possible
• Ensure process notes are up to date and easy to follow

Skills & experience

• Problem-solving
• Data interrogation
• Strong communication skills
• Numerical degree is preferred, but not essential

Other

As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one.