Reporting Accountant - Lloyd's Insurance Market
Company: Tony Martin Job Ref: 1213/TM Start Date: ASAP Hours: Full Time Location: London, England Working Term: Permanent Position Salary: £25,000 - £40,000
The role will be responsible for the preparation of internal and external reports of the department, including US GAAP group reporting, UK GAAP company reporting and all Lloyd’s Market regulatory returns and associated management information. You will also be responsible for the preparation of analytical tools and reports to support the information produced.
Supporting production of Syndicate and Group management information.
Preparation of all outputs of syndicates, including QMA, QMB, US Reporting, Canadian Reporting, FCA/PRA reporting & statutory accounts
Preparation of ad-hoc reports and returns required by banks, Lloyd’s and other third parties.
Production of analytical tools and analytical memos supporting each one of the reports produced.
Ensuring that reports are produced in accordance with the relevant timetables, ensuring that there is enough time for a proper management review and understanding of the figures.
Development of diagnostics and continuous interaction with underwriters and actuaries in order to develop the understanding of the figures.
Responsible for the following Reporting activities:
The preparation and maintenance of timetables and KPIs
Handling of all technical aspects affecting the production of syndicate returns
Managing all operational aspects of the production of documents, in order to ensure the timely and accurate production of syndicate returns.
Performing the technical review of the returns
Responsible for the maintenance of a sound system of internal controls - including SOX
Responsible for liaising with third parties involved in the production of financial data (e.g. actuaries, underwriters, other areas of Finance, in order to ensure that the Department counts on all the resources (time, quality of data, etc) needed for a proper review and analysis.
Responsible for the development of process improvements, in order to ensure the efficient and accurate production of data. This might require involvement in projects, as a project manager or a team member.
The ideal candidate will have the following key skills & attributes:
Working knowledge of Lloyd’s accounting and reporting rules, UK GAAP, Companies Act,
Advanced experience of using Excel
Very good verbal and written reporting skills .
Knowledge of Lloyd’s software
Knowledge of US GAAP
Understanding of SII rules affecting regulatory reporting
Education And Qualifications
CIMA / ACCA / CA
Exposure to the Lloyd’s market as an accountant or an auditor.
Exposure to assessment and implementation of controls and procedures.
Exposure to reporting activities to senior management committees.