At a Glance
- Tasks: Prepare internal and external reports, including Lloyd’s regulatory returns and analytical reports.
- Company: Join Chaucer, a leading specialty insurance group with a global presence.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Dynamic environment with opportunities for continuous improvement and career advancement.
- Why this job: Make an impact in the finance sector while working with a diverse and inclusive team.
- Qualifications: Qualified Accountant with knowledge of Lloyd’s accounting and reporting rules.
The predicted salary is between 46300 - 52800 £ per year.
Working within the Finance department of Chaucer, a leading specialty insurance group with Lloyd’s and Company market operations, headquartered in London with international hubs for Europe, Latin America and Asia.
Chaucer benefits from the ownership of China Re, a Hong Kong listed entity, and one of the top 10 reinsurance companies in the world.
The role will be responsible for the preparation of internal and external reports of the department, including all Lloyd’s regulatory returns, associated management information and other project work.
The candidate will also prepare analytical reports to support the information produced as well as providing support to more junior team members.
Job Description
- Responsible for the production of Syndicate reporting to Lloyd’s, comprising:
- Flash report, Solvency UK, US and Canadian situs, RRQ/RRA, QMB, Schedule 3, NAIC.
- 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
- Production of analytical memos supporting each one of the reports produced
- Support the audit process; liaising with auditors and ensuring that all the information required is produced and the audits are completed on time.
• Contributing to a robust control environment
- Maintaining a sound system of internal controls
- Responsible for the documentation of procedures affecting the areas under supervision
- 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.
- Assisting the Head of Syndicate Reporting in oversight and management of the Reporting function:
- Providing support and guidance to junior team members
- Enhanced involvement in planning and coordination of deliverables.
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
- Qualified Accountant (CA, ACCA or CIMA)
- Working knowledge of Lloyd’s accounting and reporting rules, UK GAAP, Solvency UK, Companies Act
- Advanced excel
- Advanced report writing skills
- Knowledge of Lloyd’s software (desirable)
ABOUT US
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.
Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world.
To learn more about us please visit our website.
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.
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Senior Reporting Accountant employer: Chaucer
Chaucer is an exceptional employer located in the heart of London, offering a dynamic work environment that values diversity and promotes flexible working arrangements. As a leader in the insurance market, we provide our employees with ample opportunities for professional growth and development, ensuring that you can thrive in your career while making a meaningful impact in compliance monitoring.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Reporting Accountant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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We think you need these skills to ace Senior Reporting Accountant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Chaucer.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
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How to prepare for a job interview at Chaucer
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Chaucer.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Chaucer will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Chaucer employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
