At a Glance
- Tasks: Design and enhance reconciliation processes while leading a team of analysts.
- Company: Lloyd’s, the world’s leading insurance and reinsurance marketplace.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional development.
- Other info: Join a diverse team committed to inclusion and personal growth.
- Why this job: Make a real impact in a dynamic environment focused on innovation and collaboration.
- Qualifications: Strong analytical skills and experience in reconciliation processes.
The predicted salary is between 63000 - 77000 £ per year.
Lloyd’s is the world’s leading insurance and reinsurance marketplace, bringing together the world’s leading risk takers to advance global progress.
Our strategy is focused on delivering strong underwriting performance, operating an efficient and flexible marketplace, and maximising the capital advantage of the Lloyd’s market — while continuing to build a Lloyd’s weareproudof.
How we deliver this, matters.
We take the risk, make things happen, and own the outcome — working together across our global network to turn insight into impact.
The Role
To partner with the Senior Manager Data and Finance in designing and maintaining robust, clear, and simplified reconciliation processes for Funds at Lloyd’s (FAL) custody.
This role ensures operational integrity, drives process transformation, and provides leadership, guidance and mentoring to junior analysts, embedding best practice across the team.
- Principal Accountabilities
- Reconciliation Process Design & Enhancement
- Review current reconciliation frameworks and simplify, standardise, and strengthen controls.
- Develop clear documentation and workflows that reduce complexity and improve transparency.
- Implement automation and exception management tools where possible.
- Operational Delivery
- Lead daily and monthly reconciliations for FAL custody accounts, ensuring accuracy and timeliness.
- Investigate and resolve breaks promptly; accelerate systemic issues with actionable recommendations.
- Governance & Compliance
- Ensure that reconciliations meet internal control standards and regulatory requirements (FCA/PRA, CASS concepts).
- Maintain auditable evidence and support internal/external audits.
- Mentoring & Team Development
- Act as a subject‑matter expert for reconciliation best practice.
- Coach and guide junior analysts, building capability and confidence within the team.
- Stakeholder Engagement
- Work closely with the Head of Member Relations to align reconciliation improvements with strategic objectives.
- Communicate clearly with suppliers and internal teams on reconciliation outcomes and issues.
Skills
- Strong analytical and problem‑solving skills.
- Ability to simplify complex processes and design robust controls.
- Excellent communication and mentoring capability.
- High attention to detail and risk awareness.
- Diversity & Inclusion
Being inclusive at Lloyd’s is integral to how we work — and how we deliver impact.
We aim to build a diverse, inclusive environment that reflects the global markets we serve, where everyone is treated with dignity and respect and supported to reach their full potential.
We take the risk by challenging traditional thinking and being proactive about inclusion.
Thatmeansbeingopenandpositiveaboutworkplaceadjustments, prioritising health and wellbeing, and investing in diversity and inclusion training so everyone feels able to contribute and succeed.
We make things happen by turning our commitment into action.
Through employee networks, mentoring, volunteering opportunities and sustained investment in professional development, we create an environment where inclusion is experienced day‑to‑day — not just talked about.
Weowntheoutcomebyfocusingonimpact.
By bringing together diverse perspectives and the best minds in the industry, we work collaboratively with underwriters and brokers to create innovative, responsive solutions that share risk and solve complex problems across global markets.
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Senior Reconciliation Specialist- 6 month FTC in Chatham employer: CO1001 Corporation of Lloyd’s
At CO1001 Corporation of Lloyd’s, we pride ourselves on being an exceptional employer that fosters a culture of collaboration and continuous improvement. Our hybrid working model allows for flexibility, while our comprehensive benefits package, including healthcare and generous pension contributions, ensures that our employees feel valued and supported in their professional growth. Join us to be part of a dynamic team dedicated to enhancing the insurance market oversight in a rewarding and meaningful way.
Contact Details:
CO1001 Corporation of Lloyd’s Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Reconciliation Specialist- 6 month FTC in Chatham
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We think you need these skills to ace Senior Reconciliation Specialist- 6 month FTC in Chatham
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How to prepare for a job interview at CO1001 Corporation of Lloyd’s
✨Master the Basics of Underwriting
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