At a Glance
- Tasks: Lead the preparation and coordination of financial reporting for a top insurance group.
- Company: Join Chaucer, a leading specialty insurance group with global operations.
- Benefits: Competitive salary, flexible working options, and a diverse workplace culture.
- Other info: Opportunities for career growth and involvement in finance transformation projects.
- Why this job: Make an impact in finance while working with a dynamic team in a global setting.
- Qualifications: Experience in audit firms and strong financial reporting skills required.
The predicted salary is between 66150 - 80850 £ per year.
Working within the Finance department of Chaucer, a leading speciality insurance group with Lloyd's and Company market operations, headquartered in London with international hubs for Europe, Latin America and Asia. The role will be responsible for the preparation, review and coordination of Chaucer Group internal and external reporting, associated management information and other project work. The candidate will also prepare analytical tools and reports to support the information produced and will play a key role in ensuring reporting is delivered accurately, efficiently and in accordance with Group reporting requirements.
The successful candidate will be expected to operate autonomously, exercise sound professional judgement and build effective relationships across Finance and the wider business to support the delivery of Chaucer's reporting obligations. Whilst the role may include oversight, coaching or support of more junior team members from time to time, it is primarily a senior individual contributor role. The successful candidate will be expected to take ownership of significant reporting deliverables, build relationships across the business and with external stakeholders, and operate effectively with limited day-to-day supervision.
Main Duties
- Responsible for the production, review and coordination of Chaucer Group reporting to the parent company and other key stakeholders, ensuring reporting is delivered accurately, on time and in accordance with Group policies and reporting requirements.
- Monthly and quarterly consolidated management reporting, including related party transaction reporting including inter-group reinsurance arrangements.
- IFRS conversion process for risk margins, discounting and liability adequacy testing.
- Conducting Balance Sheet and Income Statement analysis reviews, investigating trends and variances, challenging unusual results and ensuring satisfactory resolution of reporting issues and queries.
- Half and full year IFRS Group templates, explanatory notes and segment reporting.
- Annual non-statutory IFRS compliant consolidated accounts, explanatory notes and associated management information.
- Annual production of data to support rating agency reviews.
- Support the preparation and delivery of regulatory and external stakeholder reporting requirements, including reporting to parent company, regulators, rating agencies and other external stakeholders as required.
- Ensuring compliance with Group Accounting Policies and supporting the implementation of new accounting, reporting and regulatory requirements across the Group.
- Build and maintain strong working relationships with stakeholders across Finance and the wider business, including actuarial, underwriting, risk, auditors and parent company stakeholders, to ensure high-quality reporting outputs are delivered to the required standards and deadlines.
- Own the planning, coordination and delivery of Group reporting cycles, including the preparation and maintenance of reporting timetables, management of key dependencies and coordination of stakeholders across the business.
- Support the implementation of Group Accounting Policies and provide technical input on accounting and reporting matters where required.
- Support the preparation and review of UK GAAP / FRS 102 legal entity financial statements, working closely with the Corporate Accounting & Consolidations team and providing reporting and technical support where required.
- Production of legal entity management accounts to support Group financing and LOC covenants, as well as inter-group dividends.
- Support the Group and legal entity audit process, liaising with internal and external auditors and ensuring all information required is produced and audits are completed on time.
- Exercise professional judgement in identifying, investigating and resolving complex reporting matters, escalating only issues of significant risk, judgement or complexity where appropriate.
- Contribute to a robust control environment and maintain a sound system of internal controls.
- Responsible for the documentation of procedures affecting the areas under supervision.
- Actively identify and deliver opportunities to improve reporting processes, controls, governance and automation, supporting the continued development of the Group Reporting function and broader Finance transformation initiatives.
- Active participation in finance transformation projects and other relevant initiatives, with a focus on Group reporting requirements.
Our Requirements
Relevant Experience
- Essential: Experience working in a Big 4 or Top 10 audit and advisory firm.
- Experience preparing, reviewing or auditing consolidated accounts for a large group of companies.
- Experience preparing, reviewing and presenting financial reporting and analysis for senior management, Boards, Committees and other key stakeholders.
- Experience managing complex reporting deliverables and operating independently with minimal day-to-day supervision.
- Experience engaging with senior stakeholders, auditors and external reporting bodies.
- Desirable: Experience with Lloyd's of London syndicate accounting and reporting.
- Exposure to the Lloyd's market as an accountant or auditor.
- Experience of reporting to an overseas parent company.
Technical Skills
- Essential: Working knowledge of accounting consolidations.
- Strong understanding of IFRS, UK GAAP and the Companies Act.
- Advanced Excel skills and the use of AI.
- Advanced report writing and financial analysis skills.
- Excellent verbal and written communication skills.
- Strong analytical and problem-solving skills, with the ability to investigate issues, challenge outputs and provide clear conclusions.
- Desirable: Exposure to insurance accounting standards.
- Knowledge of regulatory and rating agency reporting requirements.
- Exposure to IFRS 17 reporting.
Education & Qualifications
- Essential: ACA, ACCA, CA or equivalent professional qualification.
- Typically 5+ years post-qualified experience.
Personal Skills
- Able to deliver results under tight deadlines, showing flexibility when required.
- Strong sense of accountability and ownership of assigned responsibilities.
- Emphasis on the quality and accuracy of outputs produced.
- Self-starter requiring minimal supervision, with the ability to solve problems and find practical solutions.
- Exercises sound professional judgement and decision-making.
- Able to manage multiple priorities within a fast-paced reporting environment.
- Comfortable operating as a senior individual contributor, taking ownership of complex deliverables and influencing stakeholders across the business without direct authority.
- Strong stakeholder management skills, with the confidence to engage effectively at all levels of the organisation.
- "Can do" attitude and willingness to take on additional responsibility.
- Strong communication skills.
- Continuous improvement mindset, with a focus on enhancing reporting quality, efficiency and governance.
Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment. We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.
Group Reporting Manager in London employer: Chaucer Underwriting Services
Chaucer is an exceptional employer, offering a dynamic work environment within the Actuarial pricing team in London, where you will gain invaluable experience in general insurance pricing. With a strong commitment to employee growth, we provide actuarial study support towards your qualification, alongside a culture that values diversity and inclusivity, ensuring every team member is respected and empowered. Join us to collaborate with industry experts and contribute to innovative pricing models that protect global industries.
Contact Details:
Chaucer Underwriting Services Recruitment Team
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We think this is how you could land Group Reporting Manager in London
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We think you need these skills to ace Group Reporting Manager in London
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