Regulatory Reporting Accountant

General Job Title:  Regulatory Reporting Accountant   Division: Finance   Reports To:  As per Beazley’s organisation chart   Key Relationships:  Finance team, Actuarial team, Lloyd’s of London, Actuaries, Compliance and Auditors.  Job Summary: Enhancing and implementing process improvements from current defined processes contributing to accurate and timely production of Beazley managed Syndicates Regulatory and Statutory Reporting requirements such as Syndicate Flash Reports, Interim & Annual Accounts, Schedule 3 data returns, QMA Delta, MAS/LFSA Returns, Situs Reporting, and QMB

Key Responsibilities:  Individual: BAU Reporting Supporting the production of defined regulatory and financial reporting to Lloyd’s for Beazley managed Syndicates (Interim and Annual accounts, Flash Reports, QMA Delta, Schedule 3 data returns, QMB, Situs (US and Canada), etc)

Analytical review of financial information including close liaison with various teams across finance such as; FP&A, Actuarial, Syndicate Accounting, Expenses, Investments and Tax

Ability to interrogate financial data and systems, to understand, challenge and draw conclusions to provide insight to the Syndicate results

Supporting the preparation of regulatory review packs for presentation to senior management at regulatory review committees

BAU Enhancements/Development Support the continued development and improvement of the financial reporting processes, systems and controls and driving efficiencies on newly implemented systems and tools

Supporting the enhancement of the controls over the reporting process as defined in the Beazley risk management framework

Support the transition of ownership of the interim and annual Syndicate Accounts into the team and documenting end to end process

Support the Regulatory Reporting Manager on other finance reporting requirements/projects as required

Support the production of the wider Syndicate Solvency UK reporting and required developments.   General:   It is important that within all your interactions both internally and externally you adhere to Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing – as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers

We also expect Beazley employees to: Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct

Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability or assurance teams (compliance, risk, 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 People & Sustainability 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, 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: Essential Criteria Professional accountancy qualification, preference for ACA/ACCA/ICAS/CIMA Graduate equivalent education and/or qualifications Good understanding of non-life insurance accounting, especially UK GAAP and IFRS Skills and Abilities  Strong computing skills – Excel/PowerPivot/PowerBI/MS Office/Workday/Workiva Strong analytical skills with attention to detail Must be able to work as part of a team Able to work on own initiative Good interpersonal and communication skills Proactive, self-starter, seeks continuous improvement Ability to manage time, meet deadlines and prioritise   Knowledge and Experience  Experience of insurance statutory and regulatory reporting required Experience of Lloyd’s reporting highly advantageous but not essential  Competencies  Technical competence and expertise Analytical thinking/information seeking Communication Integrity Accuracy Speed and quality Flexibility