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Head of Regulatory Reporting
3 months ago
Head of Regulatory Reporting (12m FTC)
At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we’re committed to building a strong and inclusive culture where everyone is welcomed and valued for their “own expression of self-identity”.
About us
MRSG is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.
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 Singapore, Labuan and Dubai.
Our group of companies provide solutions covering Casualty, Marine & Cargo, Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht. Our purpose is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable people and businesses to thrive.
**Company**
Munich Re Specialty Group
**Location**
London, United Kingdom
Head of Regulatory Reporting (12m FTC)
- Ensure financial reporting to Lloyd’s is delivered on time and desired quality level, in an effective controlled environment.
- Ensure financial reporting to Munich Re for all non-insurance entities are delivered on time and desired quality level, in an effective control environment under IFRS as well as producing Group SII reporting.
- Ensure all tax reporting is done on a timely and accurate basis.
- In addition build and support strong and robust teams as well as actively contribute to the wider finance transformation program. This role will operate with mínimal guidance and the holder is expected to address issues, draft solutions, agree with FC/CFO and implement them.
The Role
- Reviewing the quality assurance and delivery of all required Lloyd’s returns (UK GAAP and SII Basis) for Syndicate 457 and Syndicate 1840
- Reviewing all statutory accounts and Syndicate accounts
- RI counterparty Risk reporting.
- Reviewing all company tax returns
- Reviewing all VAT returns
- Reviewing All other regulatory returns e.g. RMAR etc.
- Improve and automate existing processes and then integrate them efficiently with the current reporting process
- Organize and drive continuous improvement groups and projects to increase efficiencies in finance processes through standardization, simplification and automation
- Liaise with external and internal auditors
- Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.
What we are looking for
- Demonstrate detailed knowledge of UK GAAP and IFRS
- Have experience in end-to-end finance processes, such as, Financial close, intercompany process and Reporting
- Experience of managing and/or leading a range of accounting projects
- Communicate with confidence and credibility at all levels
- Strong relationship management skills to influence stakeholders and senior management
- Analytical, critical thinker and problem solving attitude
- Taking ownership and actively looking for personal learning and development opportunities
- Highly organised, flexible and calm under pressure
**Qualifications**:
- ACCA, CIMA and ACA or equivalent
Your career with us
At MRSG, you’ll find the flexibility, development and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more
Diversity & Inclusion
Creating an inclusive environment is a crucial 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.
Working together, we are an employer of choice by building the workforce for today and the future. We make it happen. Together.
Push Boundaries. With us. | Munich Re
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