At a Glance
- Tasks: Produce and review syndicate reporting, ensuring accuracy and timeliness.
- Company: Chaucer, a leading global insurer with a diverse and inclusive culture.
- Benefits: Flexible hybrid work model, extensive benefits, and wellbeing support.
- Why this job: Join a dynamic team and make an impact in the insurance industry.
- Qualifications: Part/Qualified Accountant with knowledge of Lloyd's accounting rules.
- Other info: Opportunities for professional growth and collaboration on finance transformation projects.
The predicted salary is between 36000 - 60000 Β£ per year.
Chaucer is a leading insurance group at Lloyd's, the world's specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups. Headquartered in London, with international hubs in Copenhagen, Dubai, Miami, Dublin, Singapore, Sydney and Bermuda, to be closer to our clients across the world.
Responsibilities
- Responsible for the production and review of Syndicate reporting to Lloyd's, comprising: Flash report, QMA, QMB, Solvency II, US and Canadian situs reporting, RRQ, RRA.
- Annual and underwriting year financial statements.
- Production of analytics and commentary to support regular or ad hoc queries on, or related to, syndicate reporting.
- The responsibility includes all necessary liaison with parties involved in the process, in particular within the Finance area, to ensure the end result is delivered in the timeframe and standard required.
- Ensuring reports are produced in accordance with relevant timetables, and allowing appropriate time for management review.
- Review existing syndicate reporting processes and identify areas of improvement. Embed process efficiencies to streamline and automate reporting where possible.
- Develop standardised process documents for each output.
- Development of diagnostics and continuous interaction with underwriters and actuaries in order to develop the understanding of the figures.
- Support the audit process; liaising with auditors and ensuring that all the information required is produced and the audits are completed on time.
- Project work as required, and cultivating an environment of continuous improvement: Collaboration in the development of process and reporting improvements for increased accuracy, efficiency and timeliness.
- Active participation on finance transformation project and other relevant projects.
Skills and Competencies
- Able to deliver results under tight deadlines, showing flexibility when required.
- Sense of accountability and ownership of the work assigned.
- Emphasis on quality of the outputs produced.
- Self-starter, requiring minimum supervision, with the ability to solve problems and find solutions.
- 'Can do' attitude and willing to take more responsibilities.
- Able to communicate at every level within the organisation.
Education & Knowledge
- Part/Qualified Accountant (CA, ACCA or CIMA).
- Working knowledge of Lloyd's accounting and reporting rules, UK GAAP, Solvency II, Companies Act.
- Advanced excel.
- Advanced report writing skills.
- Knowledge of Lloyd's software (desirable).
Why Join Chaucer?
Chaucer is a leading global insurer operating in both Lloyd's and company markets, helping industries worldwide manage risk-from nuclear, shipping, manufacturing, and property. Headquartered in London, with offices in Copenhagen, Bermuda, Sydney, Ireland, Miami, Dubai, and Singapore, we're close to our clients wherever they are.
We have shown strong financial success with our Gross Written Premiums growing from $1.4bn in 2019 to $3.5bn in 2024. Backed by strong teams, platforms, and client relationships, Chaucer is poised for continued success.
We offer:
- A flexible hybrid work model that supports individual and team needs.
- A diverse, inclusive culture that values people for who they are.
- Extensive, non-contributory benefits, including medical, life, and pension cover, flexible holidays, and wellbeing support.
Senior Reporting Accountant (12 month FTC) employer: Chaucer Group
Contact Detail:
Chaucer Group Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Senior Reporting Accountant (12 month FTC)
β¨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and finance sectors. Attend industry events or webinars, and donβt be shy about introducing yourself. You never know who might have the inside scoop on job openings at Chaucer!
β¨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Lloyd's accounting and reporting rules. Make sure you can discuss how your skills align with the responsibilities of the Senior Reporting Accountant role. We want to see that 'can do' attitude in action!
β¨Tip Number 3
Showcase your problem-solving skills! Be ready to share examples of how you've improved processes or tackled challenges in previous roles. This will demonstrate your ability to contribute to Chaucerβs culture of continuous improvement.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, it shows youβre genuinely interested in joining the Chaucer team and being part of our exciting journey in the insurance market.
We think you need these skills to ace Senior Reporting Accountant (12 month FTC)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Senior Reporting Accountant role. Highlight your experience with syndicate reporting, financial statements, and any relevant qualifications like CA, ACCA, or CIMA. We want to see how your skills match what we're looking for!
Showcase Your Achievements: Donβt just list your responsibilities; showcase your achievements! Use specific examples of how you've improved reporting processes or contributed to successful audits. This helps us see the impact you've made in previous roles.
Be Clear and Concise: When writing your application, keep it clear and concise. Avoid jargon and make sure your points are easy to understand. We appreciate straightforward communication, especially when it comes to complex topics like finance!
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. Itβs the easiest way for us to track your application and ensure it gets to the right people. Plus, youβll find all the info you need about us there!
How to prepare for a job interview at Chaucer Group
β¨Know Your Numbers
As a Senior Reporting Accountant, you'll be dealing with complex financial data. Brush up on your knowledge of Lloyd's accounting and reporting rules, UK GAAP, and Solvency II. Be prepared to discuss how you've applied these in previous roles, as it shows you understand the industry's nuances.
β¨Showcase Your Problem-Solving Skills
Chaucer values a 'can do' attitude and the ability to solve problems independently. Think of specific examples where you've identified inefficiencies in reporting processes and how you improved them. This will demonstrate your proactive approach and ownership of your work.
β¨Communicate Effectively
You'll need to liaise with various stakeholders, so practice articulating complex financial concepts clearly. Prepare to explain how you've collaborated with underwriters and actuaries in the past, as this will highlight your communication skills and ability to work across teams.
β¨Prepare for the Audit Process
Since supporting the audit process is part of the role, be ready to discuss your experience with audits. Share how you've ensured timely delivery of information and worked with auditors in previous positions. This will show that you're familiar with the expectations and can handle the pressure.