Technical Reporting Analyst 12 Month FTC

Company
Great Lakes Insurance SE
Location
London , United Kingdom

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About Great Lakes Insurance SE:

As specialty provider of primary insurance services in the UK, Great Lakes London Branch (“GLLB”) is a substantial part of Great Lakes Insurance SE in Munich. Our interlocked business model is to seize opportunities connected to the reinsurance core business and progress opportunities, in our role as an integral part of the Munich Re Group. Great Lakes Insurance SE operates from its headquarters in Munich, and with branch offices in UK, Ireland, Switzerland, Italy and Australia. 

Great Lakes Insurance UK Limited (“GLLS”), regulated by Prudential Regulation Authority and the Financial Conduct Authority, is a owned subsidiary of Great Lakes Insurance SE and acts as the preferred facilitator of agency insurance business in the UK in the post-Brexit world.

 

About the role: Ensuring excellent customer-service to GLISE’s clients and a high-level of data quality when it comes to system maintenance and processing. Good understanding of all of Great Lakes Insurance and Technical reporting to build relationships between Reporting and their clients (External and Internal). You are responsible for the production of Internal or Regulatory Technical reporting. The reporting must be completed at a high level of quality and delivered within stated deadlines.  You will report into Head of RIA UK Closing & Reporting.  You will work on a hybrid working model.

 

Responsibilities:

Internal Closing and Reporting

• Produce a high level of quality for all quarterly internal technical reporting requirements and their timing delivery.

• Support the interfaces with all stakeholders involved in the Intercompany process to clarify all Intercompany differences within the given timeframe.  

• Support the running of the Great Lakes Reinsurance program.

• Develop the processes and controls ensuring good data quality within the Global systems.  

Technical Regulatory Reporting

• Prepare all of the periodic Technical Regulatory reports include IPT, Terror Pools, FSCS Levy, LFB, MIB IUA and Flood Re submissions in accordance with Company, Group and Regulator established reporting requirements and timelines.

• Support the team when any Technical Regulatory reporting enquiries are received.

• Develop the processes and controls ensuring good data quality within the Global systems.  

 

Competencies:

Optimises work processes You know the most efficient processes for proactiveness and are constantly assessing how it can be done better.

Resourcefulness You find a way to work with the resources available to you to complete a task.

Communication You communicate effectivley with your audience.  You also share ideas, learn from others and keep stakeholders informed about problems, opportunities, progress and solutions.

Collaborate You work together with others in your team, the department and wider business (where relevant) to meet shared goals.

Learn You learn by resolving new problems and trying out new solutions and quickly learning from both successes and failures.

 

Skills & Experience:

Essential

• Good contractual knowledge of Insurance or Re-insurance business.

 

Qualifications and Educational Requirements:

• Educated to a degree standard or relevant Insurance/Reinsurance experience.

 

Thought Leaders:

You will demonstrate inclusive behaviour and encourage your colleagues to help create an inclusive culture.

You will treat your colleagues, sales and business partners fairly and with respect.

 

Regulatory & Conduct Requirements:

In addition to the responsibilities set out above, the role will be responsible for: Ensuring compliance with Munich Re’s Code of Conduct and the FCA Conduct Rules.

Benefits

You will be rewarded with a great compensation package, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10%.

About Us

Here at Munich Re we want to offer our staff the opportunity to grow in an exciting, driven and diverse working environment. We believe that your enthusiasm to apply your outstanding knowledge crafts the future, the future of our clients, of Munich Re and of course your own.

Munich Re is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all our employees.