Lloyd’s broker, experiencing a period of growth with new teams and distribution channels, are looking for a Financial Controller to take responsibility for all financial and structural directions of the Group.

This is a key appointment and the individual needs to be someone who can develop relationships with the senior management team, manage the day to day work flows, the timely and accurate production of accounting records for management, statutory and regulatory reporting within a small organisation.

The position will report directly to the Managing Director and the Board of Directors and will have specific responsibility for all internally and externally required financial reports and for the control environment over the underlying accounting processes.

This will ideally be someone who has had previous experience in either a similar position or a number two in a larger organisation and who is looking to move to take full responsibility.

As the Group continues to grow and move forward it is the intention that this position will lead to a Board (Finance Director) appointment.  Ideally a qualified accountant (ACCA / ACA / CIMA) with at least 10 years experience in an Broking / Insurance business.

Duties and Responsibilities:

• Prepare and report on all financial board materials including detailed financial analysis and reporting across the Group entities and to all internal and external parties.
• Manage the Group financial planning and forecasting processes.
• Responsibility for group consolidation and make recommendations on structural considerations to the Board of Directors.
• To develop and operate an effective control and reporting environment across the Group.
• Develop a robust expense allocation policy and procedure to operate across the Companies.

Key Skills:

• Good understanding of the business and ability to interact and experience of working with the management team and Board of Directors.
• Good understanding of financial controls and demonstrated ability to manage the close process and financial staff.
• Ability to lead effectively and work effectively both independently and with the management team.
• Experience of Lloyd’s broking accounting processes and operations and UK GAAP
• Strong project management skills and proven experience in establishing priorities and meeting deadlines in a changing environment.

Large City based Insurance Company require a Senior UK Reporting Accountant

Responsible for the timely and accurate production for the UK Legal Entities results whilst supervising and supporting team members assisting in delivering UK Technical Reporting

Key Responsibilities

• Responsible for supervising and assisting with technical US GAAP results for the syndicates, international & UK Hubs
• Assist with the review and clearance of management reporting deliverables
• Support external reporting team with analysis and explanation
• Support and assist with process improvements and documentation
• Implement and embed new controls
• Manage relationships with functions and within Finance
• Support and assist with implementation of key Group and Hub projects within UK Finance
• Supervision and support of team members assisting in delivering the UK management reporting

To be considered for this role you will be a qualified accountant with experience in Company and or Lloyd’s markets with up to date appreciation of the technical requirements of the role e.g. UK GAAP, US GAAP, IFRS

Strong communication and IT skills are important

Successful City based Insurance Company requires a Part Qualified Accountant for a Group Accounting role.

Working in a small team you will be assisting in Group Reporting to the US Parent, Regulatory Returns, Statutory Accounts, effective cash flow/cash projections and other ad hoc work.

This is a broad role that will offer you the opportunity to gain a full view of a Finance Function while completing your Qualification. Clear progression is also on offer.

Candidates should be studying towards an accounting qualification as well as having previous Insurance experience. US/UK GAAP.

This role will be supporting the Solvency II team in accounting policy and the completion of the implementation of Solvency II Pillar 3 for a major London based insurance business.

Working within a highly specialised Solvency II team to ensure the completion of the implementation of the Solvency II Pillar 3 (supervisory reporting and disclosure) regime across Lloyd’s syndicates.  This includes ensuring that the business meets its Pillar 3 reporting requirements as the insurance industry moves into ‘live’ Solvency II from 2016.

• Qualified Accountant
• Good understanding of insurance and Lloyd’s market financial and regulatory reporting, including Solvency II Pillar 3
• Good Understanding of Solvency II
• Good technical knowledge or UK GAAP/IFRS
• Knowledge /experience of Lloyd’s returns
• Advanced knowledge of Excel and Access

This role will report to and work closely with the CFO and will play a key role in the overall management of the Finance function for a Lloyd’s Managing Agency. The role will also include significant interaction with the UK management team as well as the US finance team.

The role involves specific responsibility for the preparation and review of all internally and externally required financial reports, and for the control environment over the underlying accounting processes.

• Qualified accountant with at least 10 years experience
• At least 5 years experience in financial reporting/controlling within an insurance environment
• Some experience of working for a US company and of operating in a Lloyd’s Managing Agency desirable (US GAAP and Lloyd’s reporting experience)
• Initiative and sound judgement and the ability to make appropriate and timely decisions
• Ability to review and interpret financial reports and to communicate relevant information
• Positive attitude and an ability to adapt to an ever-changing environment
• Strong project management skills with the ability to set priorities and meet deadlines
• Strong communication presentation and negotiation skills
• Experience of building and managing teams

Responsible for the UK finance function of a very successful insurance company and assisting with financial close and reporting.

Qualifications, Skills and Experience:

• Professional accounting qualification (ACA or equivalent)
• 5 years post qualification experience, including at least 3 years within the re/insurance sector
• 2 years of experience supervising other finance staff
• Good knowledge of US and UK GAAP
• Strong and current technical knowledge of Solvency II
• Experience working with senior management and Boards
• Experience of accounting systems and processes implementation and development preferred
• High proficiency in the Microsoft Office Suite of applications, including advanced Excel skills
• Must be able to lead effectively and work effectively both independently and with teams.
• Demonstrated ability to deliver and manage accurate thoughtful detail-oriented work within tight deadlines
• Ideally a critical and creative thinker with a deep technical understanding of re/insurance risk and a strong understanding of investment risk.

Group Tax Manager reporting to the Global Head of Finance, you will be working with other teams across finance and with outsourced service providers this role will be responsible for tax compliance for corporate tax, VAT and other indirect tax. The role will maintain transfer pricing policies and documentation and monitor developments in tax legislation to drive the group’s tax planning and tax risk management. The role will support the finance reporting team in calculating the tax provisions for key entities within the Client and work with the HR team on employment tax issues.

Corporate Tax
o Monitor developments in corporate tax legislation and advise management on the implications for the Client.
o Develop relationships with Clients HMRC tax contacts and communicate effectively to help manage our tax risk.
o Prepare the annual UK company tax returns.
o Calculate the required tax instalments and monitor the deadlines to ensure all taxes are paid on time.
o Complete Lloyd’s tax filings and work closely with the Lloyd’s tax team to ensure Client is compliant with all the latest developments.
o Prepare tax disclosures for the group and UK/Irish subsidiary accounts.
o Maintain the required transfer pricing documentation and advise the business on transfer pricing risks.
o Oversee outsourced service providers to ensure effective tax compliance across the European offices of the Client.

VAT
o Prepare the quarterly UK VAT returns.
o Support the development of appropriate processes to ensure the effectiveness of the VAT reporting.
o Complete all the controls over the VAT reporting processes.
o Monitor developments in VAT legislation and advise on the implications to Client

Other taxes
o Support the definition of business processes to ensure other taxes are paid as required.
o Support talent management with queries as they arise in relation to employment tax working with outsourced service providers.
o Provide effective oversight of all group tax activities and monitor tax compliance in non-European locations to ensure appropriate standards are maintained.
o Support the business with tax advice and the provision of tax residence certificates.

General
o Recommend tax strategy opportunities for enhancing Clients tax efficiency and maintaining efficient compliance practices.
o Oversee and enhance the company’s tax compliance and underlying business processes to maintain appropriate controls for tax reporting.
o Prepare the annual SAO notifications and certifications.
o Support the Head of Global Finance and the Head of Global Financial Reporting on other tax requirements as required.

Education and Qualifications
o University degree in any discipline
o Professional tax qualification

Skills and Abilities
o Understanding of UK tax reporting and compliance
o Experience of insurance company tax issues.
o Exposure to a range of tax
o Highly technical in accountancy skills, especially UK GAAP and IFRS
o General commercial and financial knowledge
o Insurance and Lloyd’s specific knowledge preferable
o Strong analytical skills with attention to detail
o Advanced excel skills
o Able to communicate effectively with others, both verbally and in writing
o Able to work on own initiative
o Strong team working skills
o The ability to manage time, meet deadlines and prioritise

Knowledge and Experience
o Proven post qualification experience, ideally gained within the Insurance sector
o Experience of operating tax compliance activities

Job Summary:
To assist in the production of SII reporting to both Lloyd’s and the CBI for managed syndicates and group companies. To help with the implementation and testing of solvency II related systems and reports.

Key Responsibilities:

Project
* Contribute to the identification and design of processes to meet the QRT reporting requirements as efficiently as possible.
* Assist in the definition and documentation of the data mapping between the existing finance systems and solvency II systems.
* Assist in the documentation of the processes and controls to ensure the methodologies can be communicated and explained across the finance team.
* Support the execution of the end user testing of solvency II reporting systems.

Reporting
* Production of pillar 3 reports for all entities required to report
* Preparation of standard formula capital reports as required
* Execution of the designed controls over the reporting process

Other
* Support the Head of Global Financial Reporting on other finance reporting requirements/projects as required.

Education and Qualifications
* Graduate equivalent education and/or qualifications
* Professional accountancy qualification, preference for ACA/ACCA

Skills and Abilities
* Understanding of Solvency II reporting requirements
* Strong technical accountancy skills, especially UK GAAP and IFRS
* Insurance and Lloyd’s specific knowledge preferable
* Strong analytical skills with attention to detail
* Advanced excel skills
* Able to communicate effectively with others, both verbally and in writing
* Able to work on own initiative
* Strong team working
* The ability to manage time, meet deadlines and prioritise

Knowledge and Experience
* Proven experience in financial services, ideally gained in the Insurance sector
* Experience of Financial Reporting
* Experience of designing processes and managing controls

Job Description

Job Purpose:

Assisting with production of all Lloyd’s, PRA and other external reporting requirements

Key Responsibilities:

• Completion of syndicate Quarterly Monitoring Returns (A) & (B) so that business complies with Lloyd’s of London requirements
• To assist in the preparation of the Insurance PRA Returns for (UK Branch).
• NAIC reporting to Group, specifically completion of Schedule F Part 1 and T to be consolidated into Group return.
• Assist in the preparation of Solvency II reporting requirements for the syndicate including QMC, TPD, GQD, QAD and AAD
• Ensure all UK GAAP ledger entries relating to the syndicate are complete so that external reporting requirements can be met
• Run and update syndicate reporting packs on a quarterly basis so that the quarterly returns can be completed
• Assist with the analysis of profit and loss and balance sheet variances for syndicates
• Complete quarterly syndicate UK GAAP and US GAAP reconciliations and all other reconciliations
• Prepare audit files and liaise with external auditors so that the year-end and half-year audit for the Syndicate is successfully completed
• Liaise with the investment management team in the US , and investment managers to ensure that investment data is complete and available for syndicate reporting purposes
• Provide the Legal Entity reporting team with syndicate data so that Syndicate Annual Reports and Accounts can be completed accurately and in a timely manner
• Preparation of Syndicate Information Statements (SIS) in respect of US tax requirements
• Assist with the completion and submission of other annual returns such as TRIA and NAIC IID returns to comply with Lloyd’s of London requirements.
• Assist with queries from Lloyd’s, management, actuaries etc
• Review and update syndicate accounting processes.
• Other duties include liaising with internal audit and actuaries, providing data to management, and ad-hoc duties such as involvement in projects including the Solvency II project.

Job Requirements

Skills and Experience Specification:

• Knowledge of the insurance industry specifically within a finance department
• Strong experience of Lloyds accounting (3-5 years)
• Accounting qualification or part qualification
• Strong organisational and analytical skills
• Confident in MS Word and Excel

• Good communications skills
• Professional approach and delivery of work product
• Ability to multi-task and meet critical deadlines
• Knowledge of PeopleSoft desirable but not essential
• Professional, positive attitude, reliable, team player, adaptable, committed, self-motivated

The primary responsibility of this role is to ensure that all technical accounting is produced in a timely, accurate and complete manner, together with the ability to quality control technical data through analytical review.  The role will involve liaising with the Offshore teams to ensure they are provided with sufficient information, support and training to enable them to complete their objectives.

The job holder will play a key role in appraising the Offshore finance team and technical accounting processes as well as defining deliverables required from other teams (including the actuaries).  The role will also be required to respond to and identify questions raised by the Financial Reporting and analysis team.

The role will additionally cover assisting other team members in completion of Lloyd’s returns – both UKGAAP and SII.