Financial Accountant
Gen Re
Shape Your Future With Us
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.
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.
Main Purpose of the RoleWorking as an integral part
of the London Finance Team we are seeking a highly motivated and detail-oriented
qualified accountant to join our finance team, initially focused on the
management of us as a Lloyd's member and the preparation of management and statutory accounts across the Faraday Holdings
Group and subsidiaries/branches, but also to provide assistance with the timely
and accurate preparation of management reporting, and regulatory reporting
across the Gen Re group companies managed by the London Finance team.
Key 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.
- In
addition to the duties listed, the jobholder is required to perform other
reasonable duties (within the jobholders’ capabilities) assigned by line
management.
Qualifications & Experience:
- Full ACCA/CIMA/ACA qualification desirable but not essential.
- 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. Approachable and able to convey information, ideas and viewpoints in an
appropriate manner.
- Self-motivated
and willing to learn.
We Offer You - 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.
= Performance-based
remuneration package commensurate with experience and qualifications.
Closing Date30 September 2026
Please
note, only successful applicants will be contacted.
Our Address
General Reinsurance, London BranchCorn Exchange55 Mark LaneLondon, EC3R 7NE (UK)
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.
Benefits
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