Regulatory Reporting Accountant

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London
Posted 4 days ago
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About the role

General **Job Title:  **Regulatory ReportingAccountant**Division: **FinanceReports To:  As per Beazley’s organisation chart**Key Relationships:  **Finance team, Actuarial team, Lloyd’s of London, Actuaries, Compliance and Auditors.Job Summary: Enhancingand implementing process improvementsfrom current defined processescontributing toaccurateand timelyproductionof Beazley managed SyndicatesRegulatoryandStatutoryReportingrequirements such asSyndicateFlash Reports,Interim& AnnualAccounts,Schedule 3 data returns, QMA Delta,MAS/LFSA Returns,Situs Reporting,and QMB.**Key Responsibilities: **Individual:BAUReportingSupporting the production of defined regulatory and financial reporting to Lloyd’s for Beazleymanaged Syndicates (Interim and Annual accounts,Flash Reports, QMA Delta, Schedule 3 data returns, QMB, Situs (US and Canada),etc).Analytical review of financial information including close liaison withvarious teams across finance such as;FP&A, Actuarial,SyndicateAccounting, Expenses, Investmentsand Tax.Ability to interrogate financial dataand systems, to understand, challenge and draw conclusionstoprovide insight tothe Syndicate results.Supporting the preparation of regulatory review packs for presentation to senior management at regulatoryreviewcommittees.BAU Enhancements/DevelopmentSupportthe continued development and improvement of the financial reporting processes, systems and controlsand driving efficiencies on newly implemented systems and tools. Supporting the enhancementof the controls over the reporting process as defined in the Beazley risk management framework.Support the transition of ownership of the interim and annual Syndicate Accounts into the team and documenting end to end process.Support the Regulatory Reporting Manager on other finance reporting requirements/projects asrequired.Support theproduction of the wider Syndicate Solvency UKreportingand required developments.General:It is important that within all your interactions both internally and externally you adhere to Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing – as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to:Comply withBeazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct.Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.Display business ethics that uphold the interests of all our customersEnsure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.Comply withany specific responsibilities necessary for your role as outlined by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazleystandardsand customer relationship management.Carry outadditionalresponsibilities as individually notified, either through yourobjectivesor through the learning management system. These may include membership of any Beazley committees or working groups.Personal Specification:Essential CriteriaProfessional accountancy qualification, preference for ACA/ACCA/ICAS/CIMAGraduate equivalent education and/or qualificationsGood understanding of non-life insurance accounting, especially UK GAAP and IFRSSkills and AbilitiesStrong computing skills – Excel/PowerPivot/PowerBI/MS Office/Workday/WorkivaStrong analytical skills with attention to detailMust be able to work as part of a teamAble to work on own initiativeGood interpersonal and communication skillsProactive, self-starter, seeks continuous improvementAbility to manage time, meet deadlines and prioritiseKnowledge and ExperienceExperience of insurancestatutory andregulatory reportingrequiredExperience of Lloyd’s reportinghighlyadvantageousbut notessentialCompetenciesTechnical competence andexpertiseAnalytical thinking/information seekingCommunicationIntegrityAccuracySpeed and qualityFlexibility

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