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    Financial Accountant - Ireland - Munich Re

    Munich Re
    Munich Re Ireland

    4 days ago

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    Description

    At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we're committed to building a strong and inclusive culture where everyone is welcomed and valued for their "own expression of self-identity".

    About us

    MRSG is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.

    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 Singapore, Labuan and Dubai.

    Our group of companies provide solutions covering Casualty, Marine & Cargo, Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht. Our purpose is to inspire our clients and people with the confidence and freedom to explore, create and build – to enable people and businesses to thrive.

    We are looking to employ a Financial Account to be based in London on a Full Time basis.

    The successful candidate will contribute to the production of UK GAAP technical results for the Groups Lloyds syndicates ensuring completeness and accuracy.

    The Role

    • Production and support of the UK Gaap technical result production ensuring compliance with accounting standards and regulatory requirements and to provide support and insight to the Commercial Reporting Analysis team, Lloyds and Statutory reporting teams.
    • Review and challenge of financial data inputs in to the technical result production and raise in case of discrepancies.
    • Ensure reconciliations and integrity of data inputs into the results production from source policy, claims, reinsurance systems, syndicate data warehouse, with the results production DataMart's, and outputs with sub ledger and general ledger.
    • Increase efficiency of financial data production, including transparent checks and controls by standardization and automation.
    • Improve systematic and automated controls, provide guidance and insight on best practice, detect and highlight any deficiencies or impacts on process and interface up- and downstream and present appropriate reports of findings.
    • Build strong relationships with Finance, Actuarial, IT and Underwriting colleagues to maintain and improve the quality of financial data inputs and financial reporting deliverables.
    • Support ongoing change and transformation initiatives such as UK Gaap and IFRS results production model and process alignment projects.
    • Help drive forward good Conduct for the business to deliver the best outcomes for customers/policyholders.

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

    • Acting with honesty and integrity at all times
    • Acting at all times with due care, skill and diligence
    • Being open and honest with the FCA, the Prudential Regulation Authority (PRA) and all UK regulators at all times
    • Always paying due regard to the interests of customers and always treat them honestly and fairly
    • Observing proper standards of market conduct at all times
    • Act to deliver good outcomes for retail customers. This includes abiding by the Consumer Duty cross-cutting rules below:
      • Act in good faith towards retail customers.
      • Avoid causing foreseeable harm to retail customers.
      • Enable and support retail customers to pursue their financial objectives

    What we are looking for

    • Professional qualification such as ACA, ACCA or CIMA.
    • 2 years Post Qualification Experience
    • Proven post qualification accounting experience and an in depth knowledge of the principles and differences of both UK Gaap and IFRS
    • Experience in insurance industry with an in depth knowledge and understanding of the underlying principles of insurance and reinsurance.
    • Experience with or interest in automation of finance processes to meet accelerated timetables and exposure to large and complex data models.
    • Strong verbal and written communication skills to articulate insights.
    • Strong problem-solving skills to address challenges in data quality and control effectiveness.
    • Strong organizational skills and ability to prioritize and multi-task work.

    At MRSG, you'll find the flexibility, development and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more

    Diversity & Inclusion

    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.

    Working together, we are an employer of choice by building the workforce for today and the future.We make it happen. Together.

    #J-18808-Ljbffr
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