Lloyds Reporting Accountant

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”.

Lloyds Reporting Accountant 

We are looking to employ a Lloyds Reporting Accountant to be based in London City office on a full time basis. We offer hybrid working with 2-3 days per week in the office

You will deliver timely, accurate and high‑quality financial reporting to Lloyd’s, ensuring all submissions meet regulatory requirements and operate within a strong and well‑controlled financial environment, including responsibility for Group Solvency II reporting.

Responsibilities

• Provide technical support and guidance to team members, resolving complex accounting, data and reporting issues and contributing to IFRS Group deliverables and the wider finance transformation programme.
• Work with a high degree of autonomy, proactively identifying issues, developing solutions, aligning with the supervisor where appropriate, and implementing improvements effectively.
• Ensure the end‑to‑end production, review, and timely submission of all Lloyd’s regulatory returns for the Syndicate, including UK GAAP and Solvency II reporting.
• Prepare and perform detailed reviews of statutory accounts, ensuring accuracy, completeness and compliance with relevant accounting and regulatory standards.
• Enhance, streamline, and automate finance and reporting processes, integrating improvements smoothly into the Syndicate reporting framework and ensuring sustainable efficiencies.
• Complete ad‑hoc analysis, investigations, and reporting, providing clear, accurate outputs for management and external stakeholders within agreed timelines.
• Support the delivery of IFRS and Solvency II Group reporting, resolving technical issues, ensuring data integrity and meeting Group deadlines.
• Organise and contribute to continuous improvement initiatives, promoting standardisation, simplification, and automation across the finance function.
• Act as a central contact point for internal and external auditors, coordinating requests, responding promptly to queries and supporting audit delivery.
• Champion strong Conduct practices, ensuring the business consistently delivers fair, transparent, and positive outcomes for customers and policyholders.

Knowledge and Skills

• Extensive knowledge of UK GAAP, Solvency II, IFRS and Lloyd’s reporting requirements, including QMA, SUK, RRQ/RRA, US/CAD Situs and other Lloyd’s/PRA submissions.
• Strong experience across the full Lloyd’s finance cycle, including ledger operations, technical accounting, planning, forecasting, financial close, intercompany processing, and regulatory reporting.
• Proven experience managing complex regulatory reporting deliverables, ensuring timely, accurate and compliant submissions.
• Strong communication skills, able to convey complex financial information clearly to both finance and non‑finance stakeholders.
• Excellent stakeholder and relationship management skills, with the ability to influence senior leaders, underwriters, actuaries, FP&A and Group reporting teams.
• Highly analytical and strong problem‑solving capability, particularly in addressing technical queries, data quality issues, and complex Lloyd’s adjustments.
• Proactive and ownership‑driven, continuously seeking opportunities for process optimisation, control strengthening and personal development.
• Organised, adaptable and calm under pressure, able to work effectively to tight Lloyd’s and regulatory deadlines in a fast‑paced environment.

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!

Diversity, Equity & Inclusion 

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs.

Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.

Learning and innovating today, striving for sustainable societies and business tomorrow 

At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.

Benefits

• 25 days Annual Leave + bank holidays
• 10% Non-contributory Pension
• Eligibility for an Annual Bonus
• Private Medical + Dental Insurance
• Critical illness insurance + Life Assurance + Permanent Health Insurance
• Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
• Electric Vehicle Salary Sacrifice Scheme
• Study & continuing Professional Development Support
• Hybrid Working + IT Home Set-up Support

#BePresent #BeBold #BeCurious