Accountant - Financial Planning & Strategy in London

RiverStone International is an established global non-life run-off insurance business specialist with more than 25 years of experience. Operating in the UK company and Lloyd’s of London markets, Bermuda, U.S., and Europe, RiverStone International has transacted a wide variety of deals – from insurance and reinsurance portfolio transfers to company purchases, acquiring over $17.7 billion of gross liabilities since 2010 and with around $6.7 billion of liabilities currently under management.

The role is responsible for supporting the company's financial and capital planning activities, including managing and monitoring debt and capital markets facilities to ensure compliance with agreed terms. The role holder will support the ongoing evaluation of acquisition performance and analytical support across a range of strategic projects.

• Experience

• Newly or nearly qualified accountant with between 0-2 years post qualification experience
• Experienced insurance professional (either in market or as a professional advisor)
• Insurance regulation in the UK and internationally as appropriate
• Business/Financial Planning and modelling experience
• Financial and strategic planning experience

• Financial projection models and techniques, particularly in Excel.
• Capital calculation knowledge, (in particular Standard Formula, but BMA BSCR, and Lloyd’s Internal Model knowledge also helpful)
• Knowledge of PRA, BMA and Lloyd’s regulatory environment

• Planning, organisation and implementations
• Investigation and statistical analysis
• Communication
• Interpersonal
• Time management

• Financial and Capital Planning

• Prepare and update business plans, including forecast balance sheets and profit and loss accounts, for all group entities across various planning scenarios.
• Maintain and enhance the RiverStone business projection model to support dividend strategy, capital optimisation, and asset allocation decisions.
• Lead the financial modelling and preparation of board reporting packs as part of the annual business planning process for both Group and local entities.
• Coordinate and support regulated entity dividend extraction requests, ensuring relevant Board documentation and approvals are obtained.
• Produce financial pro-formas to support debt and capital restructuring transactions, as well as M&A activities.
• Monitor and analyse performance against financial plans, identifying variances and key performance drivers in collaboration with the Finance Team.
• Support the annual Own Risk & Solvency Assessment (ORSA) or equivalent processes, providing robust financial forecasts and sensitivity analyses for both group and local entities.
• Ensure that Standard Operating Procedure (SOP) documentation is regularly reviewed, updated, and compliant with internal standards.

• Support and maintain effective relationships with banking partners and capital market participants, assisting with the evaluation and execution of new financial structures.
• Monitor compliance with bank covenants across all existing debt facilities, prepare regular reports, and proactively identify and elevate any emerging risks.
• Support the coordination and negotiation of group borrowing arrangements, including overseeing bank relationship management, and supporting bond issuance and capital raising activities.
• Ensure accurate and timely reporting of all debt and capital market costs to the Finance Team.
• Implement changes to debt instruments as required, supporting acquisitions and ensuring compliance with instrument‑specific requirements (e.g. Letters of Credit modifications).
• Contribute to the assessment and delivery of group‑wide debt restructuring and capital optimisation initiatives, working closely with key stakeholders.
• Support the legal and operational execution of non‑debt capital optimisation activities, such as reinsurance or transactional solutions.
• Coordinate with Lloyd’s and service provider (Callidus) to ensure full compliance with all relevant Lloyd’s regulatory processes and rules, including QCT, CIL, M&URs, T2 funding, IA FAL, and Third Party FAL regulations.

• Support team in the preparation and maintenance of bi‑annual Acquisition Performance Monitoring reports.
• Understand differences in actual versus expected experience across key value drivers and explain them in reporting packs delivered to Group and local entity boards.
• Produce enhancements to existing Acquisition Performance Monitoring model and reports, creating new tools and exhibits as requested to aid management understanding.
• Ensure Standard Operating Procedure (SOP) documentation is regularly reviewed and kept up to date.

• To provide ad‑hoc support as required on other strategic projects.
• To provide support across the wider FP&S team (both BAU and project based) as required.

We believe in taking care of our team and helping our employees thrive both professionally and personally. Our benefits include:

• Private Medical and Dental cover – Comprehensive Private Medical and Dental Insurance schemes with Bupa Health and Wellness –including access to our Employee Assistance Programme, Headspace subscription, Mental Health First aiders at each site, up to five funded counselling sessions per year, annual health check-up and eye test voucher
• Wellbeing Allowance – Can be used towards either physical or mental health wellbeing activities
• 25 days’ holiday per year – plus bank holidays and office closure on Christmas Eve. Holiday entitlement increases with length of service
• Bonus scheme – dependent on achieving individual, department and company goals
• Pension – a non‑contributory defined contribution pension scheme
• Life Assurance – provides a lump sum 10 x your salary
• Permanent Health Insurance Scheme – scheme pays benefits during a prolonged period of illness or disability lasting more than 26 weeks
• Parental Leave – Enhanced Maternity, Paternity and Shared Parental Leave policy
• Training and development – Company funding for professional qualifications that would be beneficial for your role
• Volunteering and charity – triple matching donations made independently or via our Give As You Earn scheme, Give A and two paid volunteering days per year to help give back to our local communities
• Cycle To Work Scheme – a tax efficient way to purchase a bicycle
• Interest Free Travel Loan – to assist with commuting costs
• Travel Insurance – business and personal travel
• Sports and Social – active sports and social committee that organizes subsidised events

Working hours: Our standard working hours are from 09.30 a.m. to 5.30 p.m. Full time employees are to be in the office for 3 days per week, with 2 days working from home. We encourage applications from everyone regardless of disability.