Regulatory Reporting Manager in London

Regulatory Reporting Manager in London

London Full-Time 60000 - 75000 £ / year (est.) No working from home possible
IQUW

At a Glance

  • Tasks: Manage regulatory reporting and statutory accounts for a global insurance organisation.
  • Company: Join Starr, a fast-growing global insurance and investment company.
  • Benefits: Inclusive culture, first-class training, and development opportunities.
  • Other info: Collaborative environment focused on talent development and innovation.
  • Why this job: Make an impact in a dynamic industry while growing your career.
  • Qualifications: ACA/ACCA/CIMA qualified with insurance experience, especially in Lloyd's.

The predicted salary is between 60000 - 75000 £ per year.

Starr is a global insurance and investment organisation providing property and casualty insurance solutions to business and industry. Starr has grown into one of the world’s fastest‑expanding insurance organisations, writing business in 128 countries across six continents. Our talented and experienced associates manage risk and ultimately support the profitable growth of organisations in a dynamic, competitive and ever‑changing marketplace. Join us and become part of our talented and passionate workforce.

Role Purpose

The primary role of the Regulatory Reporting Manager is to manage the production of Lloyd’s regulatory reporting and statutory accounts.

Key Responsibilities

  • To manage the production of all regulatory returns, syndicate and statutory accounts to ensure accuracy and completeness (QMA, Solvency UK, RRQ, RRA, Situs Returns, Stat Accounts).
  • To regularly review the Syndicate 1856 balance sheet and advise the Syndicate Finance team of adjustments that are required.
  • To establish and maintain contacts within regulatory organisations to resolve queries swiftly and accurately.
  • To liaise with external auditors and actuaries, providing appropriate information as required.
  • To liaise with Lloyd’s Compliance Office and keep up to date with Lloyd’s regulations and bulletins and incorporate changes as required.
  • To manage the preparation of the Syndicate Report & Accounts.
  • To ensure appropriate training opportunities are provided to enable the Team to have the necessary job knowledge and professional qualification.
  • To complete regular performance reviews and maintain development/training plans for each Team member.
  • Carry out other reasonable tasks as required by line management.

The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements.

Essential Qualifications, skills and experience

  • ACA/ACCA/CIMA accountancy qualification with post qualification work experience and excellent academic credentials.
  • Insurance experience a pre-requisite, especially Lloyd’s.
  • Strong grasp of UK Insurance GAAP.
  • Understanding of Lloyd’s syndicate accounting.
  • Lloyd’s regulations, byelaws and reporting requirements.
  • Experience of working with Microsoft Office tools, especially Excel, data manipulation and handling data sets essential.
  • Ability to build relationships with a variety of stakeholders.
  • People Management.

Core behavioural competencies

  • Analysis and decision making.
  • Innovation and problem solving.
  • Communication and influence.
  • Development of self and others.
  • Resilience and adaptability.

Starr is an equal opportunity employer, which means we will consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

Regulatory Reporting Manager in London employer: IQUW

Starr is an exceptional employer, offering a dynamic work environment where talented individuals can thrive in the global insurance and investment sector. With a strong commitment to employee development, we provide first-class training opportunities and foster a culture of inclusivity and merit-based growth. Join us in London, where you will be part of a passionate team dedicated to managing risk and supporting the profitable growth of organisations worldwide.

IQUW

Contact Details:

IQUW Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Regulatory Reporting Manager in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

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Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like IQUW. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Regulatory Reporting Manager in London

Regulatory Reporting
Statutory Accounts Preparation
Lloyd's Regulations
UK Insurance GAAP
Syndicate Accounting
Data Manipulation
Microsoft Excel

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at IQUW.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at IQUW. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at IQUW

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at IQUW to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at IQUW, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding IQUW's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.