At a Glance
- Tasks: Support regulatory and financial reporting using modern tools and large datasets.
- Company: Join Lloyd’s, the world’s leading insurance marketplace with a collaborative culture.
- Benefits: Flexible working, generous pension, healthcare, and professional development support.
- Other info: Diversity and inclusion are key; enjoy a supportive and flexible work environment.
- Why this job: Gain exposure to market-wide reporting and contribute to a braver future.
- Qualifications: Working towards a professional accounting qualification and strong analytical skills.
The predicted salary is between 35000 - 45000 £ per year.
Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world. Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks. Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
Location: London or Chatham
About Lloyd’s: Lloyd’s is the world’s leading insurance and reinsurance marketplace, bringing together global expertise to manage risk and enable progress. Our Finance function plays a vital role in maintaining the integrity, accuracy, and transparency of reporting across the market.
The Role: We are looking for an Accounts Assistant – External Reporting to join our Central Finance team. This is an exciting opportunity to work at the centre of Lloyd’s market reporting, supporting the delivery of regulatory and financial reporting using modern reporting tools and large-scale financial datasets. You will gain exposure to multiple reporting frameworks while working closely with internal teams and managing agents across the Lloyd’s market.
Key Responsibilities:
- Review and analyse syndicate submissions, identifying trends and raising queries with managing agents.
- Support the preparation of Lloyd’s UK Solvency II reporting, including submissions to the PRA and the Solvency and Financial Condition Report.
- Assist in delivering UK GAAP financial reporting, including aggregation of market results.
- Collaborate with internal stakeholders to meet regulatory reporting requirements.
- Respond to queries from the Lloyd’s market, ensuring clear and professional communication.
- Support reporting cycles and delivery of external reporting outputs.
- Contribute to process improvements, system enhancements, and testing of reporting tools.
- Escalate emerging issues and risks to senior team members where appropriate.
Skills:
- Strong analytical capability with the ability to work effectively with large datasets.
- Excellent attention to detail and accuracy.
- Strong Excel and IT skills, with ability to learn new reporting systems.
- Effective communication skills, both written and verbal.
- Ability to prioritise workload and meet deadlines.
- Problem-solving mindset with the ability to identify and support solutions.
- Self-motivated, with the ability to work both independently and as part of a team.
Knowledge & experience:
- Understanding of financial reporting and internal controls.
- Awareness of the Lloyd’s market and its reporting environment (desirable).
- Exposure to UK Solvency II and/or UK GAAP reporting is advantageous.
Qualifications: Newly qualified or working towards a professional accounting qualification (ACA, ACCA, or CIMA).
Why Join Lloyd’s:
- Gain exposure to market‐wide regulatory and financial reporting.
- Work with a specialist, high‑performing finance team.
- Build expertise in Solvency II and insurance market reporting.
- Contribute to improving reporting processes across a global marketplace.
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. Everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
Assistant, UK Regulatory Reporting employer: Lloyd's
Lloyd’s is an exceptional employer, offering a dynamic work environment in the heart of London or Chatham, where you can contribute to meaningful regulatory and financial reporting in the insurance sector. With a strong focus on diversity, inclusion, and employee development, Lloyd’s provides numerous benefits including flexible working arrangements, health and wellbeing programmes, and opportunities for professional growth, making it an ideal place for those looking to build a rewarding career while being part of a collaborative and innovative team.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant, UK Regulatory Reporting
✨Tip Number 1
Network like a pro! Reach out to people in the Lloyd’s market on LinkedIn or at industry events. A friendly chat can open doors that a CV just can’t.
✨Tip Number 2
Prepare for interviews by researching Lloyd’s values and recent news. Show us you’re not just another candidate; demonstrate your passion for building a braver future with us!
✨Tip Number 3
Practice your analytical skills! Use sample datasets to hone your ability to identify trends and insights. This will help you stand out when discussing your problem-solving mindset.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team at Lloyd’s.
We think you need these skills to ace Assistant, UK Regulatory Reporting
Some tips for your application 🫡
Show Your Passion:When writing your application, let your enthusiasm for the role and the company shine through. We want to see that you share our values and are excited about building a braver future with us.
Tailor Your CV:Make sure to customise your CV to highlight relevant experience and skills that match the job description. We love seeing how your background aligns with what we’re looking for in an Accounts Assistant.
Be Clear and Concise:Keep your application straightforward and to the point. Use clear language and avoid jargon. We appreciate well-structured applications that make it easy for us to see your qualifications.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Lloyd's
✨Know Your Numbers
Make sure you brush up on your financial reporting knowledge, especially around UK GAAP and Solvency II. Being able to discuss these frameworks confidently will show that you're serious about the role and understand the key responsibilities.
✨Showcase Your Analytical Skills
Prepare examples of how you've worked with large datasets in the past. Be ready to explain your analytical process and how you identify trends or solve problems. This will demonstrate your strong analytical capability, which is crucial for this position.
✨Communicate Clearly
Since effective communication is key, practice articulating your thoughts clearly and professionally. You might be asked to explain complex concepts, so being able to simplify your explanations will set you apart from other candidates.
✨Emphasise Teamwork and Independence
Be prepared to discuss how you balance working independently with collaborating as part of a team. Share specific examples that highlight your self-motivation and ability to contribute positively to team dynamics, as this aligns with Lloyd’s values of being stronger together.