Regulatory Reporting Manager

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General Exciting opportunity to join Beazley’s Regulatory Reporting team. We are looking for a Regulatory Reporting Manager. Who We Are Beazley is a specialist insurance company with over 30 years’ experience helping people, communities and businesses to manage risk all around the world. Our mission is to provide beautifully designed insurance, innovating to give our clients the maximum benefit with minimum hassle. Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons. Our Culture We employ over 1,500 people globally, hosting a wonderful diversity of cultures, experiences and backgrounds. We are proud of our family-feel culture at Beazley that empowers our staff to work in an adult environment that’s big on collaboration, diversity of thought & personal accountability. Our three core values inspire the way we work and how we treat our people & customers – 1) Be bold 2) Strive for better 3) Do the right thing. Upholding these values every day has enabled us to become an innovative and responsive organisation in touch with the changing world around us – our ambitious L&D & Sustainability targets are testament to this. We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as iLearn (our own learning & development platform), LinkedIn Learning, our mentorship program and external qualification sponsorship. As a Beazley employee, you also get access to our fantastic array of benefits which include commuting reimbursement, free in-office lunch, six months parental leave and a lifestyle allowance, amongst many others. Job Title: Regulatory Reporting Manager Division: Finance Reports To: As per Beazley’s organisation chart Key Relationships: Finance team, business planning team, actuarial team, compliance team, external and internal auditors, senior management, and regulators. Job Summary: Reporting to the Head of Regulatory Reporting and managing a team of direct reports, this role is primarily responsible for the delivery of Lloyd’s reporting for the Group but may also play a role in developing the wider regulatory reporting team, including Solvency II reporting. The Regulatory Reporting Manager is a key Lloyd’s technical resource to the business, working both within Finance and across the business, with responsibility for all regulatory reporting reviews and technical matters. Key Responsibilities Lloyd’s specific Manage the delivery of all regulatory reporting to Lloyd’s including QMA, QMB, MAS, Labuan, US & CAD SITUS, NAIC, Distribution Data and TPD returns. Support the review of, and provide technical challenge to, the GQD and PMDr reporting. Continuously review the processes used to produce reporting in order to improve efficiency and the quality of the control environment. Attend all appropriate industry and Lloyd’s market workshops to keep up to date with all technical developments. Lead, with the support of the Head of Regulatory reporting, on the implementation of Lloyd’s reporting rationalisation changes. Proactively enhance analytical capabilities, ensuring a wholistic view on the performance of the Lloyd’s syndicates. Maintenance of reporting tools to ensure they continue to be fit for purpose. Monitor the continued development of underlying systems to resolve reporting data deficiencies. Other responsibilities Responsible for the involvement of the Lloyd’s Reporting team in Beazley’s modernisation programme, ensuring the team’s readiness for any change to finance systems. Provide technical support to the business in relation to Lloyd’s reporting and accounting. Research technical accounting / regulatory issues to ensure reporting compliance. Responsible for maintaining and updating technical documentation, ranging from production process/procedure notes to reporting policies. Responsible for the maintenance of all appropriate internal controls over Lloyd’s regulatory reporting. Manage external and internal audit relationships. Prepare committee and board papers. Lead / present at all internal regulatory review committees. Manage the workload and development of the team. Develop a structure to cross train within the team to provide resilience. Support the Head of Regulatory Reporting on other finance reporting requirements/projects as required. Solvency II specific Support the development of the Solvency II regulatory reporting team and help manage peak workloads across the two teams. 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 with Beazley 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 Culture & People 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 customers. Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs. Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People 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 Beazley standards and customer relationship management. Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups. Personal Specification: Education and Qualifications Strong academic track record University degree in any discipline Professional accountancy qualification, preference for ACA/ACCA Skills and Abilities Strong understanding of Lloyd’s regulatory reporting requirements Highly technical in accountancy skills, especially UK GAAP and IFRS Understanding of Solvency II reporting requirements Strong Insurance and Lloyd’s specific knowledge General commercial and financial knowledge Strong analytical skills with attention to detail Advanced excel skills Strong team leadership skills, with a desire to promote the development of all team members Able to communicate effectively with others, both verbally and in writing Able to work on own initiative Strong team working skills The ability to manage time, meet deadlines and prioritise, reacting well to periods of significant change/challenge Knowledge and Experience Proven post qualification experience, gained within regulatory reporting in the Lloyd’s market, and the wider insurance sector Experience of designing processes and managing controls Experience managing a team Aptitude and Disposition Outcome focussed, self-motivated, flexible and enthusiastic Professional approach to successfully interact with senior management/ colleagues/external suppliers Diplomatic Competencies Managing resources effectively Technical competence / expertise Speed and quality Accuracy Conceptual thinking Analytical thinking Planning Flexibility

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