- Preparation for quarterly and yearly regulatory reporting for UK Legal entity.
- Responsible for supporting statutory audit requirements and related queries.
- Preparation of Source system to GL and technical balance sheet reconciliations such as Receivable/Payable, Losses, Unearned premium, and Deferred acquisition cost.
- Compile data and perform financial analysis to ensure data completeness and accuracy in P&L and Balance Sheet between underwriting and financial accounting system.
- Booking of manual adjustment to correct ceding percentage changes, Ceded Re treaty accrual postings on a quarterly basis in General Ledger.
- Collaboration within/outside the team (including the BU Controllers/Business Partners) for the timely cleanup of the open reconciling items.
- Oversee expense management and good oversight of accrual, prepayment, recharge, and intercompany balances.
- Assist the Controllership team with quarter-end close activities, manage and work on ad-hoc requests Prepare other regulatory and ad-hoc reports and disclosures for management as identified.
Required Skills and Abilities:
- CA/CPA with relevant years of experience.
- Experience in Financial Reporting is required.
- Effective accounting knowledge.
- Knowledge of IFRS/USGAAP is required.
- Insurance/reinsurance experience in Lloyd s reporting is preferable.
- Knowledge of PeopleSoft or similar large general ledger systems.
- Good MS Excel and Access skills.
Desired Skills and Abilities:
Good verbal and written communication skills.
Very good analytical skills and attention to detail.
Proactive, with the ability to work under limited supervision.
Good interpersonal skills and willingness to work within a team.
Willing to work flexible hours as necessary.
