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Reporting Accountant (12 month FTC)
Job Profile Summary
Working within the Finance department of Chaucer, a leading specialty insurance group with Lloyd’s and Company market operations, headquartered in London with international hubs for Europe, Latin America and Asia. Chaucer benefits from the ownership of China Re, a Hong Kong listed entity, and one of the top 10 reinsurance companies in the world.
The role will be responsible for the review of existing processes, identifying and embedding improvements to gain efficiencies. There will also be some preparation of Lloyd’s regulatory returns and associated management information. The candidate will also prepare analytical tools and reports to support the information produced.
Job Description
Review existing syndicate reporting processes and identify areas of improvement. Embed process efficiencies to streamline and automate reporting where possible.
Develop standardised process documents for each output.
Assisting with the production of Syndicate reporting to Lloyd’s, comprising:
QMB, Solvency II, US and Canadian situs reporting, RRQ.
Annual and underwriting year financial statements.
Production of analytics and commentary to support regular or ad hoc queries on, or related to, syndicate reporting.
The responsibility includes all necessary liaison with parties involved in the process, in particular within the Finance area, to ensure the end result is delivered in the timeframe and standard required.
Ensuring reports are produced in accordance with relevant timetables, and allowing appropriate time for management review.
Development of diagnostics and continuous interaction with underwriters and actuaries in order to develop the understanding of the figures.
Support the audit process; liaising with auditors and ensuring that all the information required is produced and the audits are completed on time.
Skills and Competencies
Able to deliver results under tight deadlines, showing flexibility when required
Sense of accountability and ownership of the work assigned
Emphasis on quality of the outputs produced
Self-starter, requiring minimum supervision, with the ability to solve problems and find solutions
‘Can do’ attitude and willing to take more responsibilities
Able to communicate at every level within the organisation
Education & knowledge
Qualified Accountant (CA, ACCA or CIMA)
Working knowledge of Lloyd’s accounting and reporting rules, UK GAAP, Solvency II, Companies Act
Advanced excel
Advanced report writing skills
Knowledge of Lloyd’s software (desirable)
ABOUT US
Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.
Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.
Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation).
A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.
We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.
Chaucer Group City of London, England Office
52 Lime Street, City of London, United Kingdom, EC3M 7AF
