Principal Accountant for Regulatory Compliance

3 weeks ago


London, Greater London, United Kingdom Liberty Specialty Markets Full time

Overview of the Position:

The Senior Regulatory Reporting Accountant at Liberty Specialty Markets is tasked with ensuring that financial reporting for legal entities and branches is executed with precision and within established timelines. This role emphasizes the enhancement and refinement of processes and controls, aligning with the Company's policies and standards. The successful candidate will demonstrate a strong sense of accountability and ownership over assigned tasks, delivering results even under tight deadlines while exhibiting flexibility and determination as necessary.

The individual will oversee deliverables based in Luxembourg and will report directly to a manager located in that region. The position may also necessitate occasional travel.

Department and Team Insights:

Liberty Specialty Markets operates through two main legal entities functioning as (re)/insurers: Syndicate and Liberty Mutual Insurance Europe Limited SE (LMIE), which are regulated by various authorities including Lloyd's, the UK PRA, and the Luxembourg CAA, among others. The ongoing global expansion of LSM introduces continuous changes within the regulatory landscape.

We are enhancing our team of finance professionals in Luxembourg. Alongside the broader finance team in London, the Luxembourg reporting team is responsible for a wide array of external reporting obligations and local regulatory compliance. This includes monitoring capital resource levels under various solvency frameworks, collaborating with diverse stakeholders to meet detailed reporting requirements, and enhancing the quality of reporting and associated processes. All outputs from this function must adhere to strict deadlines, demanding a high level of commitment from involved staff, particularly during quarter-end periods.

Core Responsibilities:

Prepare and submit quarterly and annual regulatory reporting returns to the Commissariat aux Assurances (CAA) for the legal entity. Generate quarterly internal management reporting packages for the legal entity's branch management committees. Oversee and fulfill all other local reporting obligations. Conduct detailed validation, analytical reviews, and controls on data, working schedules, and results. Develop comprehensive files to support all analyses, reviews, and conclusions. Initiate assessments of workflows to identify efficiency improvements and escalate any issues, unexpected results, or data discrepancies. Document workflows and internal control procedures thoroughly. Collaborate closely with members of the Legal Entity Reporting Team to cultivate consistent and robust reporting processes. Foster relationships with various stakeholders across the organization to ensure effective collaboration. Utilize expert knowledge of financial principles and concepts in reporting, documenting all conclusions reached clearly. Engage in ad-hoc projects to ensure all issues are addressed and reported, supporting the implementation of enhancements to Legal Entity Reporting within LSM's Finance Change initiative. Compliance with all relevant regulatory requirements is integral to this role, as is the demonstration of behaviors outlined in the Conduct Risk Policy, aligning with LSM's commitment to Liberty Values, which prioritize customer-centricity and integrity.

Required Skills and Experience:

Qualified accountant or actively pursuing qualification. Strong knowledge of Luxembourg GAAP and/or other European GAAP (such as French, Spanish, German, Italian, Swiss) is advantageous. Solid understanding of the insurance sector and Solvency I and II regulatory frameworks is beneficial. Experience in financial statement reporting is a plus. Familiarity with European tax reporting (both direct and indirect) is an advantage. Proficient in general ledger systems. Ability to interpret and apply complex regulatory concepts in a flexible, business-oriented manner. Confidence in analyzing and manipulating data accurately. High proficiency in core MS Office applications, particularly Microsoft Excel. Experience with Power BI/Query/Pivot or Alteryx is beneficial. Strong organizational skills, including effective scheduling, prioritization, and time management. Exceptional attention to detail. Willingness to learn and seek solutions to challenges. Team-oriented with strong interpersonal skills. High level of accountability and ownership. Ability to thrive in a deadline-driven environment. Capacity to work effectively as part of a larger finance team. A service-oriented mindset towards fulfilling business requirements.

About Liberty Specialty Markets (LSM):

Liberty Specialty Markets is a segment of Global Risk Solutions and the broader Liberty Mutual Insurance Group, a leading global insurer. We provide a wide range of world-class insurance and reinsurance services to brokers and insureds across all major markets.

Our workforce is central to our success. This is why "Put People First" is one of the five core values that unite us as a global organization. We bring this value to life for our employees through:

Creating a vibrant and inclusive workplace and committing to career development. Promoting diversity, equity, and inclusion (DEI). Our Inclusion Matters framework and employee-led networks enhance the diversity of our workforce and foster an inclusive environment. Emphasizing collaboration to leverage our unique perspectives, leading to better decision-making, innovative solutions, and the pursuit of ambitious goals. Supporting a culture that promotes a healthy work-life balance and flexible working arrangements.

  • London, Greater London, United Kingdom Compliance Professionals Full time

    COMPANY OVERVIEW:Our client is a prominent global investment management organization based in Europe, specializing in secured loans, structured finance, and private credit solutions.KEY RESPONSIBILITIES:Overseeing the classification and inquiries related to the Code of Ethics for all personnel.Providing management insights to the Head of Compliance & Risk...


  • London, Greater London, United Kingdom Compliance Professionals Full time

    COMPANY OVERVIEW:Our client operates as a prominent global investment management firm, with its headquarters situated in Europe. Their expertise encompasses secured loans, structured finance, and private credit solutions.KEY RESPONSIBILITIES:Overseeing the classification and inquiries related to the Code of Ethics for all personnel.Delivering management...


  • London, Greater London, United Kingdom Compliance Professionals Full time

    COMPANY OVERVIEW:Our client is a prominent global investment management organization based in Europe, specializing in secured loans, structured finance, and private credit solutions.KEY RESPONSIBILITIES:Overseeing the classification and inquiries related to the Code of Ethics for all personnel.Providing management insights to the Head of Compliance & Risk...


  • London, Greater London, United Kingdom Compliance Professionals Full time

    ABOUT THE ORGANIZATION:Our client is a forward-thinking investment platform operating within the Fintech sector, poised for significant expansion. They are in search of a Regulatory Compliance Specialist to enhance their team.KEY RESPONSIBILITIES:Oversee daily financial promotion approvals, address complaints, conduct transaction assessments, and manage...


  • London, Greater London, United Kingdom Compliance Professionals Full time

    COMPANY OVERVIEW:Our client is a comprehensive investment brokerage firm with a global footprint and a robust culture of compliance, making it a desirable workplace.KEY RESPONSIBILITIES:Conduct reviews, audits, and investigations as requested by Exchanges and Regulatory authorities.Provide advisory services for FATCA and CRS compliance, along with various...


  • London, Greater London, United Kingdom Compliance Professionals Full time

    COMPANY OVERVIEW:Our client is a comprehensive investment brokerage firm with a global footprint and a robust culture of compliance, making it a desirable workplace.KEY RESPONSIBILITIES:Conduct reviews, audits, and investigations in response to requests from Exchanges and Regulatory authorities.Provide advisory services for FATCA and CRS compliance; engage...


  • London, Greater London, United Kingdom Compliance Professionals Full time

    COMPANY OVERVIEW:Our client is a comprehensive investment brokerage firm with a global footprint and a robust culture of compliance, making it a desirable workplace.KEY RESPONSIBILITIES:Conduct audits and investigations in response to requests from Exchanges and Regulatory authorities.Provide advisory services for FATCA and CRS compliance, along with various...


  • London, Greater London, United Kingdom Sovos Compliance Full time

    About the RoleSovos Compliance is seeking a highly skilled Regulatory Liaison Counsel to join our team. As a key member of our Regulatory Analysis and Design Department, you will play a critical role in supporting and growing our global ISV ecosystem and revenue stream.Key ResponsibilitiesBridge the Gap between Regulatory Expertise and Strategic...


  • London, Greater London, United Kingdom Compliance Professionals Full time

    Position OverviewABOUT THE ORGANIZATION:Compliance Professionals is a dedicated firm specializing in compliance solutions for investment management, overseeing assets totaling over £18 billion.KEY RESPONSIBILITIES:Continuously assess and improve the Compliance Monitoring Framework, collaborating with management and department heads on compliance...


  • London, Greater London, United Kingdom Compliance Professionals Full time

    Position OverviewABOUT THE ORGANIZATION: Compliance Professionals is a dedicated firm specializing in investment management, overseeing assets totaling over £18 billion.KEY RESPONSIBILITIES:Continuously assess and improve the Compliance Monitoring Framework, collaborating with management and department heads on compliance controls.Conduct daily compliance...


  • London, Greater London, United Kingdom Compliance Professionals Full time

    ABOUT THE ORGANIZATION:Our client is a prominent investment-focused fund management entity, overseeing assets totaling over £18 billion. KEY RESPONSIBILITIES:Continuous assessment and improvement of the Compliance Monitoring Framework, including controls and oversight, collaborating with management and department heads on compliance measures.Daily...


  • London, Greater London, United Kingdom Compliance Professionals Full time

    COMPANY OVERVIEW:Our organization is a dedicated, investment-focused fund management firm, overseeing assets totaling over £18 billion. KEY RESPONSIBILITIES:Continuous assessment and improvement of the Compliance Monitoring Framework, including controls and oversight, collaborating with management and department heads on compliance measures.Daily compliance...


  • London, Greater London, United Kingdom Sovos Compliance Full time

    About the RoleWe are seeking a highly skilled Regulatory Liaison Counsel to join our team at Sovos Compliance. As a key member of our Regulatory Analysis and Design Department, you will play a critical role in supporting and growing our global ISV ecosystem and revenue stream.Key ResponsibilitiesBridge the Gap between Regulatory Expertise and Strategic...


  • London, Greater London, United Kingdom Sovos Compliance Full time

    About the RoleWe are seeking a highly skilled Regulatory Liaison Counsel to join our team at Sovos Compliance. As a key member of our Regulatory Analysis and Design Department, you will play a critical role in supporting and growing our global ISV ecosystem and revenue stream.Key ResponsibilitiesBridge the Gap between Regulatory Expertise and Strategic...

  • Compliance Manager

    3 hours ago


    London, Greater London, United Kingdom Compliance Professionals Full time

    Company OverviewCompliance Professionals is a leading fintech banking group that operates globally. We are seeking a highly skilled Compliance Manager to join our London-based team.Job SummaryWe are looking for a seasoned Compliance Manager to lead our regulatory efforts and provide strategic guidance to our senior management team. The ideal candidate will...

  • Account Manager

    24 hours ago


    London, Greater London, United Kingdom Vixio Regulatory Intelligence Full time

    About Vixio Regulatory IntelligenceVixio Regulatory Intelligence is a leading provider of independent regulatory intelligence for professionals in highly regulated industries. Our mission is to deliver comprehensive, time-sensitive, and actionable intelligence on payments and gambling compliance, covering more than 180 jurisdictions globally.The RoleWe are...


  • London, Greater London, United Kingdom AJ FOX COMPLIANCE Full time

    AJ FOX COMPLIANCE is a prestigious law firm in the UK, currently looking for a Regulatory Compliance Specialist to join our team. This position is crucial in upholding the firm's ethical standards and ensuring compliance with various regulations, including SRA, ICO, and Lexcel.Key Responsibilities:Assist legal professionals with inquiries regarding...


  • London, Greater London, United Kingdom AJ FOX COMPLIANCE Full time

    AJ FOX COMPLIANCE is seeking a highly motivated and ambitious Senior Compliance Analyst to join their dynamic team in London. This role primarily supports the conflicts team, alongside senior staff and wider departments. Within this role, you will maintain a high standard of service for clients, manage all regulatory aspects relative to the firm's smooth...

  • Compliance Expert

    2 days ago


    London, Greater London, United Kingdom Sovos Compliance Full time

    About the RoleSovos Compliance is seeking a highly skilled Regulatory Liaison Counsel to join our team. As a key member of our Regulatory Analysis and Design Department, you will play a critical role in bridging the gap between our regulatory expertise and our strategic ISV partners.Key ResponsibilitiesPartner closely with Sovos functions managing the...


  • London, Greater London, United Kingdom Vixio Regulatory Intelligence Full time

    About Vixio Regulatory IntelligenceVixio Regulatory Intelligence is a leading provider of independent regulatory intelligence for professionals in highly regulated industries. Our mission is to deliver comprehensive, time-sensitive, and actionable intelligence on payments and gambling compliance, covering more than 180 jurisdictions globally.The RoleWe are...