Assistant Reporting Accountant

Working towards owning and being the subject matter expert in:

• Group reporting deliveries to Munich Re, including actuals, forecast ,excel pack deliveries and additional note deliveries

• Quarterly audit file production, including full coordination and ensuring that all schedules are chased for and escalated

• Completing non-technical and technical intercompany reconciliations

• Completing the IFRS 16 process every quarter for all companies in our group

• Ensuring that projects are completed on time to help the team improve and become more efficientand and provide transparent information as required

• Producing relevant financial information for the management/external bodies as timetabled or to support ad-hoc requests

• Assisting in the preparation of the statutory accounts

• Preparing a review of each new coverholder and broker for review.

Processing

• IFRS 16, intercompany and closing journals in our SAP system

• Assisting in the management of the accounting and processing timetable

Projects/Development

Other

• Ensuring that company procedures and systems are followed and maintained, as per procedures and compliance manuals

• Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.

You are required to comply with the PRA and FCA conduct rules:

• Acting with honesty and integrity at all times

• Acting at all times with due care, skill and diligence

• Being open and honest with the FCA, the Prudential Regulation Authority (PRA) and all UK regulators at all times

• Always paying due regard to the interests of customers and always treat them honestly and fairly

• Observing proper standards of market conduct at all times

Knowledge and Skills

• Excellent written and verbal communication skills

• Curiosity regards the data with good attention to detail

• Proven organisational skills, and experience of managing delivery of work to a schedule/timetable

• Ability to work as part of a team as well as independently

Competencies for the Role

Team orientation

Work cooperatively and flexibly with other members of the team with a full understanding of the role to be played as a team member.

Communication

Communicate clearly and persuasively, both orally and in writing.

Achievement/results-orientation

Get things done well and the ability to set and meet challenging goals, create own measures of excellence and constantly seek ways of improving performance.

Problem-solving

Analyse situations, diagnose problems, identify the key issues, establish and weigh up alternative courses of action and produce a logical, practical and acceptable solution.

Flexibility

Adapt and work effectively in different situations and to carry out a variety of tasks.

Customer focus

Take constant care in looking after the interests of external and internal customers. Ensure that their wants, needs and expectations are given due consideration and that all efforts are made to meet them wherever fair and reasonable, in line with any standards from an industry regulator.

Planning and prioritising

The ability to decide on courses of action, ensure that the necessary resources are available and schedule the work required to achieve a defined result in a desirable manner.

Share knowledge

Share knowledge about the role you perform fully and willingly with others, where this is relevant, in the interests of the organisation.

Self-development

Take responsibility for your own career and actively support ‘continuing professional development’.

Commercial/business awareness

The capacity to understand the business opportunities and priorities of the organisation and constantly seek methods of ensuring that the organisation continues to be business-like and continues to meet the standards and requirements of its regulators.

Education and Professional Qualifications Required

Graduate (Maths, Finance or Accounting preferred)

MRSG UK Services Limited is the employing entity for staff supporting the business activities of Munich Re Syndicate Limited (MRSL), Munich Re Specialty Group Limited (MRSG), Groves, John & Westrup Ltd (GJW), NMU (Specialty) Ltd (NMU) and Roanoke International Brokers Limited (RIBL).

As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Hong Kong, Singapore, Labuan and Dubai. We are also represented in Lloyd’s China.

Our group of companies provide solutions covering Casualty, Marine & Cargo, Energy & Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht.

Known for our dedication to excellence and quality of service provision, we pride ourselves on offering you a great place to work.

Munich Re’s employees are the backbone of the Group’s business success. They are the people that drive the business forward and develop new solutions for our clients.

Ensuring that we recruit talented staff is therefore crucial to our future success. Our objective is to make Munich Re the employer of choice for potential employees on the global job market..

To help us achieve this goal we offer a competitive salary and a generous and comprehensive benefits package which we regularly review in accordance with external market data, to ensure you are paid fairly and our benefits are tailored to suit your lifestyle. Creating an inclusive environment is an essential part of the Munich Re culture and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.

Please Note: All applications must be received via the website. Any CVs received via email will not be considered.

Re_think, Re_engineer, Re_define, Re_invent, the boundaries of Insurance.

Once you hit apply, there is a short, 10 minute application form to complete. Please ensure you attach your current CV when applying and include details regarding your salary expectations. If you have a disability or special need that requires accommodation, please let us know. Due to the high volume, we cannot always provide detailed feedback at CV stage.

Ellie Williams

Talent Acquisition, Diversity & Inclusion Specialist