Lloyds Reporting Accountant

Munich Re; London; Hybrid; GBP 45,000 - 75,000; Full time

Job summary

Join a forward-thinking company as a Lloyds Reporting Accountant, where your expertise in UK GAAP, SII, and IFRS will be valued. This role offers the opportunity to work in a hybrid environment, contributing to financial reporting and process improvements. You'll be part of a dynamic team that emphasizes continuous development and inclusivity, ensuring that your voice is heard and your contributions matter. With a competitive salary and a comprehensive benefits package, this is your chance to thrive in a supportive culture that promotes work-life balance and professional growth. If you're ready to make an impact, this is the perfect opportunity for you.

Benefits

Non-contributory pension

Private medical care

Life assurance

Flexible working

Career development opportunities

Qualifications

• Detailed knowledge of UK GAAP, SII, and IFRS is essential.
• Professional qualification such as ACA, ACCA, or CIMA preferred.

Responsibilities

• Ensure timely and quality financial reporting to Lloyd’s.
• Improve and automate existing finance processes.
• Support team with IFRS/SII group reporting delivery.

Skills

UK GAAP

SII

IFRS

Finance operations

Financial forecasting

Analytical skills

Relationship management

Project management

Education

ACA

ACCA

CIMA

Job description

At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we’re committed to building a strong and inclusive culture where everyone is welcomed and valued for their “own expression of self-identity”.

About us
MRSG is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.

As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Singapore, Labuan and Dubai.

Our group of companies provide solutions covering Casualty, Marine & Cargo, Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht. Our purpose is to inspire our clients and people with the confidence and freedom to explore, create and build – to enable people and businesses to thrive.

Lloyds Reporting Accountant

Hybrid working – Commutable distance to London, Manchester or Birmingham local office.

We are looking for a Lloyds Reporting Accountant to work with confidence and independence to draft solutions, address issues and implement results. You will ensure financial reporting to Lloyd’s is completed and delivered on time and desired quality level, in an effective control environment as well as producing Group SII reporting. As a Lloyds Reporting Accountant you will support team members with technical issues and/or IFRS group deliveries as well as actively contribute to the wider finance transformation program.

Responsibilities

• Ensure production, quality assurance and delivery of required Lloyd’s returns (UK GAAP and SII Basis) for Syndicate.
• Preparation and quality assurance of statutory accounts.
• Improve and automate existing processes and then integrate them efficiently with the current Syndicate reporting process.
• Undertake ad hoc investigation and analysis work, as requested by management or external bodies, to agreed standards within agreed timescales.
• Support team with IFRS/SII group reporting delivery.
• Organize and drive continuous improvement groups and projects to increase efficiencies in finance processes through standardization, simplification and automation.
• Liaise with external and internal auditors.
• Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.

Knowledge and Skills

• Demonstrate detailed knowledge of UK GAAP, SII and IFRS.
• Have experience in end-to-end finance processes, such as Finance operations, Planning, Forecasting, Financial close, intercompany process and Reporting.
• Experience of managing and/or leading a range of accounting projects.
• Communicate with confidence and credibility at all levels.
• Strong relationship management skills to influence stakeholders and senior management.
• Analytical, critical thinker and problem solving attitude.
• Taking ownership and actively looking for personal learning and development opportunities.
• Highly organised, flexible and calm under pressure.
• Professional qualification such as ACA, ACCA or CIMA preferred.

Your career with us
At MRSG, you’ll find the flexibility, development and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more!

Diversity & Inclusion
Creating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.

Working together, we are an employer of choice by building the workforce for today and the future. We make it happen. Together.