Financial Reporting Accountant

Lloyd's; Kingston; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading global insurance marketplace is seeking a Reporting Analyst to support financial closing processes and ensure compliance with accounting standards. The role involves managing financial reports, analyzing variances, and collaborating with various teams. The ideal candidate will have 3+ years of experience in financial reporting and strong analytical skills. Offered benefits include professional development and a commitment to diversity and inclusion.

Benefits

Health and wellbeing programmes

Diversity and inclusion training

Employee networks and mentoring opportunities

Qualifications

• Strong knowledge of accounting standards (Belgium GAAP, IFRS, Solvency II, UK GAAP).
• 3+ years of experience in financial reporting, preferably in the insurance or financial services sector.
• Experience working with cross-functional teams including actuarial, risk, and compliance.

Responsibilities

• Support the monthly, quarterly, and annual financial closing processes.
• Lead in the preparation of the financial reports under various accounting standards.
• Ensure timely and accurate delivery of financial data to internal stakeholders.

Skills

Time management

Analytical skills

Delivery

Communication

Flexibility

Collaboration

Education

Bachelor's degree in Finance or relevant field

Tools

Excel

Power BI

SUN

Job description

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

This position is based in Brussels

Role Purpose

This Reporting Analyst role is pivotal in supporting the financial closing process, delivering high-quality financial and management reporting, and ensuring compliance with multiple accounting standards. The successful candidate will work closely with internal and external stakeholders, including auditors and actuarial teams, and contribute to the continuous improvement of reporting processes and internal controls.

Principal Accountabilities

Financial Reporting & Closing

• Support the monthly, quarterly, and annual financial closing processes.

• Lead in the preparation of the financial reports under Belgium GAAP, Solvency II, UK GAAP, and IFRS.

• Analyse and explain variances and KPIs, recommending corrective actions where necessary.

• Ensure timely and accurate delivery of financial data to internal stakeholders and third parties.

• Monitor and stay informed about current regulatory requirements to ensure compliance with industry standards and legal obligations.

Management Information (MI)

• Preparation of monthly Financial MI reports to track the Corporation’s strategic objectives.

• Provide insights and commentary on financial performance and trends.

Audit & Compliance

• Coordinate internal and external audits, ensuring timely delivery of requested data and documentation and holding other stakeholders to account for their timeliness.

• Ensure audit recommendations are implemented and embedded in processes.

Insurance Ledger Analysis

• Analyze the evolution of insurance-related elements within the financial ledger.

• Collaborate with actuarial teams to ensure accurate and timely data delivery.

Data & Documentation Management

• Produce and maintain high-quality documentation for financial processes and reporting.

• Ensure all processes comply with current regulations and internal policies.

• Manage and implement change control processes as needed.

Internal Controls & Risk Management

• Assist in maintaining an effective control environment within the Finance department.

• Review and assess the conformity and effectiveness of internal controls.

• Support the Statutory Accounting Manager and Data Accountant in defining and implementing controls to ensure data quality and accuracy.

• Identify financial risks and ensure timely reporting and resolution of incidents.

Process Improvement & Systems Development

• Drive continuous improvement initiatives to enhance reporting efficiency and accuracy.

• Contribute to system development and automation efforts.

• Promote standardization and best practices across the Finance team.

Skills

• Time management: Manage own time and delivery of tasks to meet deadlines, keep others informed of timescales for delivery and any delays in good time.

• Analytical skills: High attention to detail and commitment to data accuracy during analyzing results through tools such as Excel and SQL.

• Delivery: Work independently on clearly defined tasks to deliver high quality output that is checked for internal consistency and meets agreed deadlines.

• Communication: Able to communicate to a range of stakeholders both inside and outside Lloyd's in person and in writing. Able to direct communications appropriately to others within the team.

• Flexibility: Able to manage priorities on multiple projects simultaneously and communicate any issues arising.

• Collaboration: Show respect and positive regard for others in every interaction.

Knowledge

• Strong knowledge of accounting standards (Belgium GAAP, IFRS, Solvency II, UK GAAP).

• Proficiency in financial systems and reporting tools (e.g., Excel, Power BI, SUN).

• Excellent analytical and problem-solving skills.

• Excellent oral and written communication in English

• Familiarity with audit processes and regulatory reporting requirements.

Experience

• 3+ years of experience in financial reporting, preferably in the insurance or financial services sector.

• Experience working with cross-functional teams including actuarial, risk, and compliance.

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Should you require any additional support with your application, or any adjustments, please click the following link; should you require any additional support with your application, or any adjustments, please click the following link;

https://cleartalents.com/apply/lloyds-msa1645695881

Please note, clicking on this link does not register your application for the vacancy