Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
The Role
To partner with the Senior Manager Data and Finance in designing and maintaining robust, clear, and simplified reconciliation processes for Funds at Lloyd’s (FAL) custody. This role ensures operational integrity, drives process transformation, and provides guidance and mentoring to junior analysts, embedding best practice across the team.
Principal Accountabilities
Reconciliation Process Design & Enhancement
Review current reconciliation frameworks and simplify, standardise, and strengthen controls.
Develop clear documentation and workflows that reduce complexity and improve transparency.
Implement automation and exception management tools where possible.
Operational Delivery
Lead daily and monthly reconciliations for FAL custody accounts, ensuring accuracy and timeliness.
Investigate and resolve breaks promptly; escalate systemic issues with actionable recommendations.
Governance & Compliance
Ensure reconciliations meet internal control standards and regulatory requirements (FCA/PRA, CASS concepts).
Maintain auditable evidence and support internal/external audits.
Mentoring & Team Development
Act as a subject-matter expert for reconciliation best practice.
Coach and guide junior analysts, building capability and confidence within the team.
Stakeholder Engagement
Work closely with the Head of Member Relations to align reconciliation improvements with strategic objectives.
Communicate clearly with suppliers and internal teams on reconciliation outcomes and issues.
Skills
Strong analytical and problem-solving skills.
Ability to simplify complex processes and design robust controls.
Excellent communication and mentoring capability.
High attention to detail and risk awareness.
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Should you require any additional support with your application, or any adjustments, please click the following link;
https://cleartalents.com/apply/lloyds-msa1645695881
Please note, clicking on this link does not register your application for the vacancyTop Skills
Lloyd's London, England Office
One Lime Street, London, United Kingdom, EC3M 7HA
