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For Companies At a Glance
- 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, comprehensive benefits, and talent development opportunities.
- 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 employer: RenaissanceRe
Contact Detail:
RenaissanceRe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Accountant
✨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 the company and its regulatory reporting practices. Brush up on your knowledge of GAAP and be ready to discuss how your experience aligns with their needs. We want you to shine and show them why you’re the perfect fit!
✨Tip Number 3
Showcase your skills! Bring along examples of your previous work, especially any financial reports or analyses you've done. We love seeing how you’ve added value in past roles, so don’t hold back on sharing your achievements!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for talented individuals like you to join our team. So, don’t hesitate – hit that apply button and let’s get started!
We think you need these skills to ace Senior Accountant
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 financial analysis, especially within the insurance industry. We want to see how your skills align with what we're looking for!
Showcase Your Skills: Don’t forget to showcase your strong knowledge of US/UK GAAP and your Excel prowess. Mention any specific systems you've worked with that relate to general ledger or policy administration. This will help us see your technical fit for the role.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this position and how you can add value to our Global FP&A and Regulatory Reporting team. Keep it concise but impactful!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. We can't wait to hear from you!
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.
✨Demonstrate Your Attention to Detail
Since this role requires a keen eye for detail, be ready to discuss how you ensure accuracy in your work. You might want to share examples of how you've maintained high standards in financial reporting or audits.