At a Glance
- Tasks: Transform financial reporting processes for efficiency and compliance in a leading insurance group.
- Company: Chaucer Group, a top specialty insurance provider with global operations.
- Benefits: Competitive salary, flexible working options, and a diverse, inclusive culture.
- Why this job: Make a real impact by optimising financial processes in a dynamic environment.
- Qualifications: Qualified Accountant with experience in finance transformation and reporting tools.
- Other info: Join a diverse team committed to continuous improvement and operational excellence.
The predicted salary is between 36000 - 60000 £ 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. The role will be responsible for reviewing, optimising, and transforming financial reporting processes to enhance efficiency, accuracy, and compliance for the Syndicates. This role will drive automation, standardisation, and best practices across reporting cycles, ensuring timely and high-quality outputs for internal and external stakeholders.
Job Description
- Assess current financial reporting processes (including Lloyd’s returns and statutory accounts) to identify inefficiencies, risks, and improvement opportunities.
- Design and implement streamlined workflows to reduce manual effort and improve accuracy.
- Develop standardised templates for consistency across syndicates.
- Reduce manual interventions and improve data integrity across reporting cycles.
- Ensure all reporting processes comply with Lloyd’s, PRA, and Solvency II requirements and internal controls.
- Maintain robust documentation and internal controls for audit readiness.
- Establish KPIs to measure efficiency and effectiveness of reporting processes.
- Promote a culture of continuous improvement and operational excellence within the reporting team.
- Participate in various ad-hoc projects as needed to support the wider reporting team.
Skills And Competencies
- Proven experience in process improvement or finance transformation projects.
- Familiarity with reporting tools and automation technologies.
- 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).
- Strong background in Lloyd’s accounting and reporting rules, UK GAAP, Solvency II, Companies Act.
- Advanced excel skills.
- Knowledge of Lloyd’s software (desirable).
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). 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.
Syndicate Change Lead (12 month FTC) - Chaucer Group employer: Jobs via eFinancialCareers
Contact Detail:
Jobs via eFinancialCareers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Change Lead (12 month FTC) - Chaucer Group
✨Tip Number 1
Network like a pro! Reach out to people in the finance and insurance sectors, especially those who work at Chaucer or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of Lloyd’s accounting and reporting rules. Show us you know your stuff and can talk confidently about how you’d improve financial reporting processes.
✨Tip Number 3
Don’t forget to showcase your problem-solving skills! We love candidates who can think on their feet and come up with innovative solutions. Be ready to share examples from your past experiences.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re genuinely interested in being part of the Chaucer team.
We think you need these skills to ace Syndicate Change Lead (12 month FTC) - Chaucer Group
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in finance transformation and process improvement. We want to see how your skills align with the specific needs of the Syndicate Change Lead role.
Showcase Your Achievements: Don’t just list your responsibilities; share your successes! Use quantifiable results to demonstrate how you've improved financial reporting processes or driven automation in previous roles. This will help us see the impact you can bring to Chaucer.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your key points stand out. This makes it easier for us to see your qualifications at a glance.
Apply Through Our Website: We encourage you to submit your application directly through our website. This ensures that your application is received promptly and allows us to process it efficiently. Plus, you’ll get to explore more about who we are and what we do!
How to prepare for a job interview at Jobs via eFinancialCareers
✨Know Your Numbers
Make sure you brush up on your financial reporting knowledge, especially around Lloyd’s accounting and reporting rules. Being able to discuss specific examples of how you've improved processes in the past will show that you’re not just familiar with the theory but can apply it practically.
✨Showcase Your Automation Skills
Since this role involves driving automation and standardisation, be prepared to talk about any tools or technologies you've used in previous roles. If you have experience with reporting tools or automation technologies, highlight those and explain how they helped improve efficiency.
✨Demonstrate a 'Can Do' Attitude
Chaucer values a proactive approach, so come ready to share examples of how you've taken ownership of projects or solved problems independently. This will help convey your self-starter mentality and flexibility under tight deadlines.
✨Prepare for Cultural Fit
Familiarise yourself with Chaucer's commitment to diversity and inclusion. Be ready to discuss how you can contribute to a culture that values difference and promotes operational excellence. Showing that you align with their values can set you apart from other candidates.