Job Description

General:

Job Title:

Regulatory Reporting Accountant - 6 Month FTC

Division:

Finance

Reports To:

Regulatory Reporting Manager

Key Relationships:

Finance team, business planning team, actuarial team, compliance team, external and internal auditors, senior management, and regulators.

Job Summary:

Reporting to the Regulatory Reporting Manager, this role is primarily responsible for the production of all Solvency II (SII) reporting for the Group. The Regulatory Reporting Accountant will have a strong working knowledge of SII, assisting the Regulatory Reporting Manager with the development of the reporting function, providing technical knowledge and assistance where necessary.

Key Responsibilities

Solvency II specific

Responsible for the production of all Solvency II reporting to Lloyd's, CBI and PRA, including QRTs, SFCR, RSR and annual SF SCR calculations. Support the P&L attribution process and the continued development of analytics within the regulatory reporting team. Continuously review the processes used to produce reporting in order to improve efficiency and the quality of the control environment. Continuously monitor regulatory reporting developments, ensuring Beazley's readiness to meet all future reporting requirements. Monitor the continued development of underlying systems to resolve reporting data deficiencies. Act as a key support for the Regulatory Reporting Manager and the wider Regulatory Reporting team, including deputising and peer review, where necessary. Responsible for the maintenance of reporting tools to ensure they continue to be fit for purpose.

Other responsibilities

Support of Beazley's finance modernisation projects, when required Provide technical support to the business in relation to Solvency II reporting. Support in the research of technical accounting / regulatory issues to ensure reporting compliance. Support in the maintenance of technical documentation, ranging from production process/procedure notes to reporting policies. Key point of contact during the external audit process Help in the preparation of committee and board papers.

General

At Beazley we are committed to doing the right thing because it is the right thing to do. It is important that within all your interactions both internally and externally you adhere to this principle through adoption of Beazley's core values and behaviours - PIED and Being Beazley.

Adopt the Beazley culture of Professionalism, Integrity, Effectiveness and Dynamic that contributes to an internal environment of teamwork and promote a positive brand image and experience to our external customers. Comply with Beazley procedures, policies and regulations including the code of conduct. Undertake training on Beazley policies and procedures as delivered by your line manager, the Talent Management development or assurance teams (compliance, risk, and 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 Talent Management 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, and 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

University degree in any discipline Professional accountancy qualification, preference for ACA/ACCA, or qualified by experience

Skills and Abilities

Strong Understanding of Solvency II reporting requirements Understanding of Syndicate / Lloyd's reporting requirements Highly technical in accountancy skills, especially UK GAAP and IFRS General commercial and financial knowledge Insurance and Lloyd's specific knowledge Strong analytical skills with attention to detail Advanced excel skills, including PowerQuery/PowerPivot 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

Knowledge and Experience

Proven post qualification experience, gained within regulatory reporting in the Insurance sector Experience of designing processes and managing controls

Aptitude and Disposition

Outcome focussed, self-motivated, flexible and enthusiastic Professional approach to successfully interact with management and peers Diplomatic

Competencies

Technical competence / expertise Speed and quality Accuracy Team working Information seeking Customer focus Conceptual thinking Analytical thinking Planning * Flexibility