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About the Role

Gen Re UK has an excellent opportunity for a Financial Accountant based in London. The Finance team is one of Gen Re's global teams which supports all of the Gen Re companies in London, including Faraday.

Responsibilities

• Assist in the preparation of a wide range of information and reporting completed by the team.
• Prepare and submit accurate and compliant statutory financial statements for Faraday Holdings Group including its subsidiaries/branches entities in accordance with UK GAAP, Lloyd’s standards or other applicable accounting standards.
• Ensure compliance with Lloyd’s regulations and governance frameworks.
• Oversee the reconciliation and management of the corporate member assets and corporate member and managing agent responsibilities to Lloyd's including acting as a key liaison with Lloyd’s, custodians, and internal stakeholders on fund-related matters.
• Coordinate with external auditors, ensuring accurate and timely completion of audits and resolution of queries.
• Uphold robust financial controls and contribute to continuous improvement of finance processes.
• Contribute to finance transformation projects, system enhancements, and process automation.
• Extract data from source systems, applying appropriate adjustments transparently and providing outputs and analysis to support the submission of Information.
• Maintain and develop control checks to ensure workings are consistent and accurate with underlying data.
• Recording and inputting financial data in SAP (GL Package).
• Ensure all information and returns are prepared in a timely manner and complete for review.
• Remain up to date with changes in reporting regimes and assist with the implementation of such changes.
• Liaise with both internal and external clients.
• Prepare ad-hoc additional returns as and when required and involvement in ad hoc projects where necessary.
• Perform other reasonable duties assigned by line management within the jobholder's capabilities.

Requirements

• Previous experience of producing financial statements and liaising with auditors on technical points of detail.
• Previous experience of preparing management accounts.
• Strong technical knowledge of UK GAAP and accounting principles.
• Strong analytical skills with the ability to manipulate data whilst paying particular attention to detail and accuracy.
• Must be highly organized with the ability to handle multiple priorities and operate various applications to meet tight deadlines.
• Good written and verbal communication skills.
• Ability to work in a team environment.
• Approachability and ability to convey information, ideas and viewpoints in an appropriate manner.
• Self-motivated and willing to learn.

Skills

• SAP

Location

• London

Work Type

• Full-time

Experience Level

• Commensurate with experience and qualifications

Education Level

• Full ACCA/CIMA/ACA qualification desirable but not essential

Salary/Compensations

• Performance-based remuneration package commensurate with experience and qualifications

Benefits

• A highly professional working environment that values excellence, integrity, personal responsibility and diversity.
• A flat management hierarchy and team-based environment that promotes collaboration and free-flowing communication.

About the Company

• General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide.
• It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.
• Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries.
• Represented in all major reinsurance markets through a network of 37 offices, we have earned superior financial strength ratings from each of the major rating agencies.

Equal Opportunity

• It is the continuing policy of the Gen Re Group to afford Equal Opportunity to qualified individuals without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or citizenship, sexual orientation, gender identity, or any characteristic protected by applicable law.
• In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.