At a Glance
- Tasks: Prepare and submit Lloyd's regulatory returns accurately and on time.
- Company: Join a leading insurance firm with a focus on innovation and collaboration.
- Benefits: Enjoy a competitive salary, performance bonus, and hybrid working model.
- Other info: Dynamic team environment with opportunities for professional growth.
- Why this job: Make a real impact in regulatory reporting while developing your skills.
- Qualifications: Must have ACA, ACCA, CIMA or equivalent accounting qualification.
The predicted salary is between 55000 - 65000 £ per year.
This role is part of the Regulatory Reporting team for Syndicate 2001. The team is responsible for all Lloyd's regulatory reporting requirements, delivering accurate and timely returns to meet Lloyd's timetable and management reviews.
Responsibilities
- Prepare Lloyd's regulatory returns with accurate and timely production.
- Ensure returns comply with regulatory requirements and meet Lloyd's submission standards.
- Improve processes and reporting as systems develop and business evolves.
- Deliver financial reporting for MS Amlin Syndicate 2001 in line with Lloyd's timetable.
- Substantiate returns through controls understanding and analytical review.
- Understand return data generation, source systems and associated controls.
- Perform analytical reviews to explain movements within financial accounts.
- Challenge financial data inputs, integrity of information and examine movements within assigned areas.
- Strengthen and enhance automated controls, identify and escalate key risks or data deficiencies.
- Engage with internal stakeholders (actuarial, FP&A and finance operations) to obtain required inputs and analysis.
- Participate in training and professional development initiatives.
- Perform other duties as assigned.
Desired Qualities
- Skilled at managing data and understanding reporting dependencies.
- Problem-solving mindset with keen eye for detail.
- Motivated, dynamic individual looking to set high standards and deliver.
- Able to explain complex data and Lloyd's reporting requirements simply.
- Embrace change and continuous improvement.
- Enjoy collaborative working environment.
Qualifications
Essential
- ACA, ACCA, CIMA or equivalent accounting qualification.
- Strong understanding of Lloyd's Market and recent experience of Lloyd's reporting requirements.
- Strong controls and reconciliations experience.
- Good analytical and communication skills to articulate insights.
- Good organisational skills including scheduling, prioritisation and time management.
- Experience in interpreting and manipulating data clearly and accurately.
- Proven track record of working in a deadline-driven environment.
- Proficiency in financial software.
Desirable
- Understanding of financial reporting and regulatory requirements specific to the insurance sector.
- Experience or interest in automation of finance processes to meet accelerated timetables.
Benefits
- Competitive base salary and performance-related discretionary bonus.
- Hybrid working model with 3 days a week in the office.
Regulatory Reporting Accountant (12 month FTC) employer: MS Amlin Ltd
As a Regulatory Reporting Accountant at our London office, you will join a dynamic team dedicated to delivering precise and timely regulatory returns for Syndicate 2001. We pride ourselves on fostering a collaborative work culture that encourages continuous improvement and professional development, offering competitive salaries, performance-related bonuses, and a flexible hybrid working model that allows for a balanced work-life integration. With a strong focus on employee growth and the opportunity to engage with various internal stakeholders, this role provides a meaningful pathway to enhance your skills in the Lloyd's Market.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Accountant (12 month FTC)
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We think you need these skills to ace Regulatory Reporting Accountant (12 month FTC)
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
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Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at MS Amlin Ltd. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give MS Amlin Ltd confidence in your short-term commitment to the role.
How to prepare for a job interview at MS Amlin Ltd
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with MS Amlin Ltd.
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Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
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For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure MS Amlin Ltd that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
