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.
If you require support with your application, please contact