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FP&A Accountant (1 Year FTC) (m/f/d) *

Are you an experienced Insurance Finance professional with a results-oriented nature and a passion for embedding streamlined processes?

 

 

Location
London , United Kingdom

 

Munich Re Syndicate Group (MRSG) are looking for a Finance Specialist to join our dynamic team! Supporting the Finance ambition to become an automated process led department, through process standardization, application of new technology, digitisation and automation opportunities.

You will partner with the business in delivering financial transparency and add value by enhancing business outcomes through the production of quality data, information and effective insight.

Your job

Responsibilities Quality assurance & process development

We will work together on:

Underwriting data quality assurance process, including knowledge of data sources, structures and effectively handling system changes which match the pace of business changes

The Annual Accounting Model (AAM) process including quality assurance (QA) of UW ratio’s, production of the results via the AAM tool including upload and validation of results to the sub ledger and presentation of those results to management (actuals/forecast/plan).

The Value Based Management (VBM) process with MR Group supporting Annual Planning, Forecast and Year End deliveries that include calculations, reconciliations, production of internal management reports, coordination with other MR Group units and commentary for management.

Preparation, coordination and delivery of the Lloyd’s Syndicate Business Plan

Ensuring all processes are documented effectively, detailing areas of financial judgement

Managing tasks within agreed timetable including booking relevant review meetings with management

Critically apprais all processes and assumptions on an ongoing basis with a ‘continual improvement outlook’ and proactively engage with relevant business partners to improve.

Reporting & Analysis

You are responsible for:

All key internal management reporting which includes but is not limited to UW targets, Finance Sub Committee papers & Board papers.

Collaborating closely with multiple stakeholders in the business across all key functions to provide quality insights that lead to more informed decision making.

Developing and enhancing the business partnering function to support and provide quality financial analysis to the UW department.

Assisting in other areas with the team where appropriate and any other ad-hoc task as assigned including project work and investigative reviews where required.

Helping drive forward good conduct for the business to deliver the best outcomes for customers and policyholders.

You are required to comply with the PRA and FCA conduct rules:

Your profile

Knowledge and Skills

You have/are:

Competencies for the Role
  1. Team orientation

We wocollaborativelyely and flexibly with other members of the team with a full understanding of the role to be played as a team member.

2. Communication

Our colleagues communicate clearly and persuasively, both orally and in writing.

3. Achievement/results-orientation

At MRSG, we get things done well. We set and meet exciting goals, create our own measures of excellence and constantly seek ways of improving performance.

4. Problem-solving

Our people analyse situations, diagnose problems, identify the key issues, establish and weigh up alternative courses of action and produce a logical, practical and acceptable solution.

5. Flexibility

We pride ourselves on being able to adapt and work effectively in different situations and to carry out a variety of tasks.

6. Customer focus

We take constant care in looking after the needs of external and internal customers. Ensure that their wants, interests and expectations are given due consideration and that all efforts are made to meet them wherever fair and reasonable, in line with any standards from an industry regulator.

7. Planning and prioritising

Colleagues at MRSG have the ability to decide on courses of action, ensure that vital resources are available and schedule the work required to achieve a defined result in a desirable manner.

8. Share knowledge

We expect you to share knowledge about the role you perform fully and willingly with others, where this is relevant, in the interests of the organisation.

9. Self-development

You will take ownership for your own career and actively support ‘continuing professional development’.

Education and Professional Qualifications Required

About us

MRSG UK Services Limited is the employing entity for staff supporting the business activities of Munich Re Syndicate Limited (MRSL), Munich Re Specialty Group Limited (MRSG), Groves, John & Westrup Ltd (GJW), NMU (Specialty) Ltd (NMU) and Roanoke International Brokers Limited (RIBL).

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 Hong Kong, Singapore, Labuan and Dubai. We are also represented in Lloyd’s China.

Our group of companies provide solutions covering Casualty, Marine & Cargo, Energy & Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht.

Known for our dedication to excellence and quality of service provision, we pride ourselves on offering you a great place to work.

Munich Re’s employees are the backbone of the Group’s business success. They are the people that drive the business forward and develop new solutions for our clients.

Ensuring that we recruit talented staff is therefore crucial to our future success. Our objective is to make Munich Re the employer of choice for potential employees on the global job market..

To help us achieve this goal we offer a competitive salary and a generous and comprehensive benefits package which we regularly review in accordance with external market data, to ensure you are paid fairly and our benefits are tailored to suit your lifestyle. 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.

Please Note: All applications must be received via the website. Any CVs received via email will not be considered.

Re_think, Re_engineer, Re_define, Re_invent, the boundaries of Insurance.

Once you hit apply, there is a short, 10 minute application form to complete. Please ensure you attach your current CV when applying and include details regarding your salary expectations. If you have a disability or special need that requires accommodation, please let us know.

Due to volume, we cannot always provide detailed feedback at CV stage.

Ellie Williams


Talent Acquisition, Diversity & Inclusion Specialist

 

This is a one year fixed term contract