At a Glance
- Tasks: Prepare and deliver financial statements and regulatory filings for our Luxembourg insurance entity.
- Company: Join Tokio Marine HCC, a leading Specialty Insurer with a commitment to innovation.
- Benefits: Competitive salary, employee benefits, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on collaboration and personal development.
- Why this job: Make a real impact in the insurance industry while developing your financial expertise.
- Qualifications: Experience in financial reporting and strong accounting skills required.
The predicted salary is between 60000 - 75000 £ per year.
Overview
Standing still is not an option in the current world of Insurance. TMHCC are one of the world's 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.
Key Responsibilities
- 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.
- Act as the main point of contact for external auditors throughout the audit cycle, coordinate audit requests, walkthroughs, and evidence delivery.
- Support the resolution of audit findings and monitor progress on remediation actions.
- Support the business with financial insights, analysis, and recommendations, and communicate clearly with internal stakeholders and regulatory bodies as required.
- Develop strong relationships with managers from various departments across Finance and European Branches 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 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, with 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. The Tokio Marine HCC Group of companies is an equal opportunity employer.
External Reporting Manager (FTC) in City of Westminster employer: Tokio Marine HCC
At Tokio Marine HCC, we pride ourselves on being a leading Specialty Insurer that values empowerment, innovation, and commitment to our people. Our Luxembourg office offers a dynamic work culture where collaboration and professional growth are encouraged, alongside a competitive salary and comprehensive benefits package. Join us to be part of a team that not only excels in financial reporting but also fosters an environment of continuous improvement and support for your career development.
StudySmarter Expert Advice🤫
We think this is how you could land External Reporting Manager (FTC) in City of Westminster
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We think you need these skills to ace External Reporting Manager (FTC) in City of Westminster
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!
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Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Tokio Marine HCC. 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 Tokio Marine HCC confidence in your short-term commitment to the role.
How to prepare for a job interview at Tokio Marine HCC
✨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 Tokio Marine HCC.
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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 Tokio Marine HCC that you’re a reliable team player.
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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.