At a Glance
- Tasks: Join us as an MGA Financial Accountant and drive financial transformation projects.
- Company: Munich Re, a leading inclusive employer committed to diversity and innovation.
- Benefits: 12-month contract with opportunities for professional development and a supportive work culture.
- Other info: Embrace a dynamic environment with a focus on sustainability and community engagement.
- Why this job: Make a real impact in finance while working with cutting-edge technology and diverse teams.
- Qualifications: Technical accounting knowledge, strong Excel skills, and a curious mindset.
The predicted salary is between 40000 - 50000 £ per year.
This job is with Munich Re, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
About us
At Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.
We are currently looking for a MGA Financial Accountant to be based in Manchester or Birkenhead (UK) on a FTC-12 months contract, reporting into the MGA Finance Manager. MRSGM have embarked on ambitious transformation plans. As part of that, MRSGM Finance are working to become an automated process led department, through process standardisation, application of new technology and leveraging digitisation and automation opportunities. This role will be actively involved in those transformation projects to deliver that ambition.
This role is well suited to an individual who enjoys preparing work to a high standard, whilst embracing the opportunity to work with a broad range of stakeholders on high profile projects in an organisation that will support and invest in your professional development.
Responsibilities:
- Preparation of the month-end financial close processes for the technical accounts and bank reconciliations
- Preparation and quality assurance of bordereau.
- Quarterly audit file production, including coordination, ensuring all schedules are completed on time and referenced to supporting material.
- Improve and automate existing processes and then integrate them efficiently with the current reporting process
- Work closely with the Account and Financial Reporting team in London
- Participate in Finance MRSG wide projects (e.g. Set-up of a new business stream)
- Support other areas of the team where appropriate and with any other ad-hoc task as assigned.
- Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.
You are required to comply with the PRA and FCA conduct rules:
- Acting with honesty and integrity at all times
- Acting at all times with due care, skill and diligence
- Being open and honest with the FCA, the Prudential Regulation Authority (PRA) and all UK regulators at all times
- Always paying due regard to the interests of customers and always treat them honestly and fairly
- Observing proper standards of market conduct at all times
- Act to deliver good outcomes for retail customers. This includes abiding by the Consumer Duty cross-cutting rules below:
- Act in good faith towards retail customers.
- Avoid causing foreseeable harm to retail customers
- Enable and support retail customers to pursue their financial objectives
Knowledge and Skills
- Technical background with previous technical accounting and/or credit control knowledge
- Fluent English is required. Spanish is considered a plus.
- Advanced knowledge of Excel ideally with a Microsoft Excel Certification
- Comfortable multi-tasking and working as part of a team
- Analytical, critical thinker with a problem solving attitude
- Good communication skills and confident speaking to technical and business stakeholders, energetic and curious.
If you are excited about this role but your experience does not align perfectly with everything outlined, or you don't meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!
Diversity, Equity & Inclusion
At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.
All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.
Learning and innovating today, striving for sustainable societies and business tomorrow
At Munich Re Specialty - Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.
Learn more about sustainability at Munich Re - choose your impact!
#BePresent #BeBold #BeCurious
MGA Financial Accountant (FTC) in Manchester employer: Munich Re
As a leading insurance provider in Greater London, we pride ourselves on fostering a dynamic work culture that values collaboration and innovation. Our employees benefit from comprehensive professional development opportunities, competitive remuneration, and a supportive environment that encourages growth and transformation. Join us to be part of a team that is dedicated to making a meaningful impact in the insurance industry while enjoying the vibrant lifestyle that Greater London has to offer.
StudySmarter Expert Advice🤫
We think this is how you could land MGA Financial Accountant (FTC) in Manchester
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Munich Re.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Munich Re might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace MGA Financial Accountant (FTC) in Manchester
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!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Munich Re will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Munich Re. 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 Munich Re confidence in your short-term commitment to the role.
How to prepare for a job interview at Munich Re
✨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 Munich Re.
✨Showcase Your Analytical Skills
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.
✨Highlight Flexibility and Adaptability
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 Munich Re 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.
