Lloyd's
Accounting Associate, External Reporting
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Job Description
- Req#: R3543
Review the Quarterly Monitoring Returns – Part A (QMA) submitted by syndicates to assess compliance with UK GAAP and Lloyd’s guidance.
Analysis of financial information to identify queries required to be sent to managing agents, or to understand trends in the information reported into Lloyd’s.
Review and analysis of syndicate Pillar 3 submissions (QSR/ASR and QAD/AAD).
Analysis of financial information to identify queries required to be sent to managing agents, or to understand trends in the information reported into Lloyd’s.
Assisting in the preparation of Lloyd’s Pillar 3 submissions to the PRA at Lloyd’s and syndicate level.
Providing guidance to the Lloyd’s Market for the preparation of financial returns (QMA, QSR/ASR, QAD/AAD, QF1/AF1) – this involves professionally communicating with managing agents and helping resolve queries, as well as providing appropriate guidance and instructions, in a timely manner.
Assisting in the development and testing of changes to returns/systems for collection of syndicate information.
Self-motivated and ability work independently as well as part of a team.
Ability to manipulate, analyse and review large amounts of data.
Attention to detail.
Proficient in use of IT (in particular Microsoft Excel) with the ability to learn applications e.g. Business Objects.
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:
In this role you will be responsible for assisting the Statutory and Regulatory Reporting Managers with all areas of external reporting, including review and analysis of syndicate level reporting which is used for producing the aggregated financial result for the Lloyd’s Market, and the preparation of reporting for the consolidated Society of Lloyd’s group results. You will have the opportunity to liaise directly with the Market to provide guidance and will play an important role identifying and implementing process improvements.
Principal Accountabilities:
Preparation of Lloyd’s reporting under UK GAAP
Preparation of Lloyd’s reporting under Solvency II Pillar 3
Driving the financial reporting requirements for the Lloyd’s Market
Skills
For a more in depth profile please reach out to recruitment@lloyds.com
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 vacancy
About the company
Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London, England.