At a Glance
- Tasks: Manage financial reporting and regulatory submissions for a leading insurance company.
- Company: Join Tokio Marine HCC, a top global specialty insurer with a dynamic culture.
- Benefits: Competitive salary, employee benefits, and opportunities for professional growth.
- Why this job: Be part of a talented team and make a real impact in the insurance industry.
- Qualifications: Experience in financial reporting and strong analytical skills required.
- Other info: Exciting role with opportunities for collaboration and career advancement.
The predicted salary is between 36000 - 60000 Β£ per year.
Overview
Why Tokio Marine HCC?
Standing still is not an option in the current world of Insurance. TMHCC are one of the worldβs leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
Job Purpose
An exciting 12 month Fixed term position has become available to join the talented Tokio Marine HCC External Reporting team and contribute to the exceptional performance of our business. The External Reporting Manager will play a key role in delivering accurate and timely financial, statutory, and regulatory reporting for the Luxembourg insurance entity. This includes responsibility for external reporting cycles, monthly ledger review, CAA and Solvency II submissions, aged debt and FX analysis, audit coordination, and responding to ad-hoc regulatory requests. The role requires strong technical capability, attention to detail, and a hands-on approach to support the business through a period of transition and increased reporting demands.
Key Responsibilities
- Financial, Regulatory and Management Reporting
- Prepare, review, and deliver monthly, quarterly, and annual financial statements under Lux GAAP.
- Conduct detailed monthly ledger reviews, ensuring accuracy, completeness, and appropriate controls.
- Perform aged debt analysis and follow up on outstanding balances to support working capital efficiency.
- Prepare and submit regulatory filings to the Commissariat aux Assurances (CAA), including quantitative and qualitative templates.
- Support ongoing Solvency II and regulatory reporting projects, contributing to enhancements in processes, controls, and data quality.
- Respond to ad-hoc regulatory queries, providing clear, accurate, and timely explanations and documentation.
- Maintain awareness of regulatory developments impacting reporting obligations.
- Work with wider TMHCC teams including Syndicate team, Finance Operations, FP&A, Tax, Group Risk and Actuarial in the delivery of regulatory returns, ensuring consistency across all information presented across the business.
- Streamline and automate finance processes, leveraging technology enablers.
- Audit and Other
- Act as the main point of contact for external auditors throughout the audit cycle.
- Coordinate audit requests, walkthroughs, and evidence delivery, ensuring timely and accurate responses.
- Support the resolution of audit findings and monitor progress on remediation actions.
- Support the business with financial insights, analysis, and recommendations.
- Communicate clearly with internal stakeholders and regulatory bodies as required.
- Develop strong relationships with managers from various departments across Finance and European Branches in order to obtain the appropriate information required.
Performance Objectives
- Submit quarterly regulatory filings to CAA on time with minimal questions back.
- Respond to all CAA queries raised in a timely manner.
- Establish yourself as key audit contact and ensure all audit queries are responded to in a timely manner.
Skills And Experience Specification
- Experience in financial reporting, audit, external reporting, or similar roles within insurance or financial services.
- Strong practical accounting skills; Experience with Luxembourg regulatory reporting (CAA) and/or Solvency II Pillar 3 reporting is an advantage.
- Experience of leading, managing and implementing change into finance functions including system changes.
- Experience with general ledger review, financial controls, and analytical review processes.
- Advanced skills in MS Office applications, especially Excel.
- Experience of implementing and maintaining an effective controls framework.
- Attention to detail and strong planning and organisational skills.
- Excellent problem-solving skills.
- Excellent communication skills both in writing and verbally.
- General commercial and financial knowledge.
- Solution focused with a methodical approach to problem solving and decision making.
- In-depth understanding of the London Insurance Market.
Soft Skills
- Professional approach and delivery of work product.
- Energy, enthusiasm, persistence and adaptability.
- Focus on timely delivery of quality outputs.
- Ability to work collaboratively with both finance and non-finance teams to achieve common goals.
- Drive and commitment to achieve individual, project and team objectives.
- Commitment to development of self and others.
- Comfortable with business change.
What We Offer
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer.
External Reporting Manager (FTC) employer: Tokio Marine HCC International
Contact Detail:
Tokio Marine HCC International Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land External Reporting Manager (FTC)
β¨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and donβt be shy about asking for introductions. We all know that sometimes itβs not just what you know, but who you know that can help you land that External Reporting Manager role.
β¨Tip Number 2
Prepare for interviews by researching the company and its values. Understand their approach to financial reporting and regulatory compliance. We want you to show them that youβre not just a fit for the role, but also for their culture. Tailor your answers to reflect how you align with their mission.
β¨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your responses. Focus on articulating your experience in financial reporting and your problem-solving skills. We want you to feel confident and ready to impress when itβs your turn in the hot seat.
β¨Tip Number 4
Donβt forget to follow up after your interview! A simple thank-you email can go a long way in keeping you top of mind. We recommend reiterating your enthusiasm for the role and mentioning something specific from the conversation that resonated with you.
We think you need these skills to ace External Reporting Manager (FTC)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the External Reporting Manager role. Highlight your experience in financial reporting and any relevant skills that match the job description. We want to see how you can bring your unique expertise to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Share specific examples of your past achievements in financial reporting and how they relate to what we do at Tokio Marine HCC.
Showcase Your Attention to Detail: Given the nature of the role, attention to detail is crucial. Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their best work right from the start!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. Itβs the best way for us to receive your application and ensures youβre considered for the role. Plus, it shows youβre keen on joining our team!
How to prepare for a job interview at Tokio Marine HCC International
β¨Know Your Numbers
As an External Reporting Manager, you'll be dealing with financial statements and regulatory filings. Brush up on your knowledge of Lux GAAP and Solvency II reporting. Be prepared to discuss specific examples from your past experience where you successfully managed financial reporting cycles.
β¨Showcase Your Attention to Detail
This role requires a keen eye for detail. During the interview, highlight instances where your attention to detail made a significant impact on a project or report. Bring along examples of your work that demonstrate your meticulous approach to financial analysis and reporting.
β¨Communicate Clearly
Strong communication skills are essential for this position. Practice explaining complex financial concepts in simple terms. You might be asked to clarify regulatory requirements or audit processes, so being able to articulate your thoughts clearly will set you apart.
β¨Demonstrate Your Problem-Solving Skills
The ability to tackle challenges is crucial in this role. Prepare to discuss specific problems you've encountered in previous positions and how you resolved them. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.