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- Tasks: Prepare financial reports and support regulatory submissions for European entities.
- Company: Join a leading global insurance firm with a focus on innovation.
- Benefits: Competitive pay, talent development, and a rewarding success-sharing system.
- Other info: Equal opportunity employer committed to diversity and inclusion.
- Why this job: Make an impact in finance while working with a dynamic team.
- Qualifications: Professional accounting designation and strong experience in the insurance industry.
The predicted salary is between 55000 - 65000 £ per year.
Position Summary
The Senior Accountant role is within the Global FP&A and Regulatory Reporting team, focusing on Regulatory Reporting for European entities of RenaissanceRe. The Senior Accountant is responsible for supporting the financial accounting, internal controls, budgeting, and financial reporting within Regulatory Reporting. The Senior Accountant has close interaction across multiple areas of the business and works with the wider Global Finance Team to add value across relevant teams.
Principal Accountabilities
- Regulatory Reporting
- Preparation of accurate financial reporting, both for internal and external purposes following required GAAP and regulatory standards. Specific focus on regulatory submissions (e.g. Lloyd's QMA, Solvency UK, US and Canadian Situs, TRIA, NAIC, CBI QRTs, etc.) and statutory financial statements.
- Assist with completing aspects of the monthly and/or quarterly close.
- Work with relevant partners to ensure accuracy of transactions and financial disclosure.
- Support the continued enhancement and ongoing development of multiple financial systems ensuring that all Finance needs are met.
- Other tasks as necessary to support day to day functioning of Accounting.
- Liaise with internal and external auditors.
- Financial Planning and Analysis
- Analyse regional results for management and board reporting.
- Support the regional annual budgeting process.
- Support business partnering to add value across relevant teams.
- Contribute to project work and provide general assistance to the Finance Department and other teams as needed.
Expected Competencies
- Professional/Technical Experience
- Strong experience within Insurance Industry (Lloyd's experience preferable).
- Strong knowledge of US/UK GAAP.
- Strong working knowledge of general ledger systems and policy administration/accounting systems.
- Basic Competencies
- Proven problem solving and analytical skills.
- Proven ability to prioritise workload and meet deadlines.
- Ability to work on own initiative and complete work in a methodical, thorough, and organised manner.
- Excellent numerical skills and keen attention to detail.
- Strong Excel skills essential.
Educational / Professional Requirements
- Professional accounting designation (ACA qualified or equivalent).
Benefits
We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company.
Equal Employment Opportunity
We are an equal opportunity employer. It is RenRe's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
Senior Accountant in London employer: RenaissanceRe
Contact Detail:
RenaissanceRe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Accountant in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance sectors. Attend industry events or webinars, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews! Research RenaissanceRe and understand their regulatory reporting processes. We recommend practising common interview questions related to financial reporting and GAAP standards. Show them you’re not just a number cruncher, but someone who can add real value!
✨Tip Number 3
Follow up after your interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. We suggest mentioning something specific from your conversation to make it personal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that Senior Accountant role!
We think you need these skills to ace Senior Accountant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Accountant role. Highlight your experience in regulatory reporting and your knowledge of GAAP, especially if you have a background in the insurance industry. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific experiences that relate to the job description, like your work with financial systems or your analytical skills. Let us know why you’re excited about this opportunity!
Showcase Your Technical Skills: Don’t forget to highlight your strong Excel skills and any experience with general ledger systems. We love candidates who can demonstrate their technical prowess, so be sure to include relevant examples in your application.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at RenaissanceRe
✨Know Your Regulatory Reporting
Make sure you brush up on the specific regulatory submissions mentioned in the job description, like Lloyd's QMA and Solvency UK. Being able to discuss these confidently will show that you understand the role and its requirements.
✨Showcase Your Technical Skills
Highlight your experience with US/UK GAAP and general ledger systems during the interview. Prepare examples of how you've used these skills in past roles, especially in the insurance industry, to demonstrate your expertise.
✨Prepare for Problem-Solving Questions
Expect questions that assess your analytical and problem-solving abilities. Think of specific challenges you've faced in previous positions and how you overcame them, particularly in financial reporting or budgeting scenarios.
✨Demonstrate Team Collaboration
Since the role involves liaising with various teams, be ready to discuss how you've successfully collaborated with others in the past. Share examples of how you added value through teamwork, especially in finance-related projects.