Head of Financial Reporting

England, London
£140000 - £160000 per annum + bonus, pension, benefits
Closing date
19 Oct 2023

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General insurance
Contract Type
Full Time

The Opportunity:

Are you a qualified Accountant with detailed knowledge and experience of UK Financial, Regulatory and Solvency II reporting?

Come and lead the Reporting and Capital team here at Markel

What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.

The opportunity:

We have an exciting opportunity for a Head of Financial Reporting to join the Markel team in our London office. MINT Finance is responsible for the financial, regulatory and business reporting of Markel International and its subsidiaries. It is part of Markel Group's Global Finance Department.

What you'll be doing:

Lead and manage the Reporting and Capital team with three qualified direct reports

Responsible for the annual solvency II returns of MIICL and Syndicate 3000 and quarterly reporting for MIICL

Oversight of the consolidated balance sheet for group reporting and legal entity balance sheet analysis

Analysis of group quota shares and internal RI deals to ensure posted correctly and consistent across different entities

Responsible for the production of financial statements for all International legal entities and overview of external audit process ensuring reconciliations and samples are provided.

Identify key risks, ensuring appropriate and effective controls are in place, whilst aiming for global consistency, where possible

Regulatory returns for our non-insurance carriers, including RMAR and ONS returns and client money audits

Responsible for the P&L attribution tests for the annual capital model validation

Our must have's:

Qualified Accountant

Detailed knowledge and experience of UK Financial, Regulatory and Solvency II reporting

Great communication skills

Experience in managing and leading a team of Finance professionals

Experience of financial and regulatory reporting of a Global business

Continuous learner seeking out new solutions, technologies, and methodologies to drive improvement

Who we are:

Markel Corporation (NYSE - MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

We're all about people | We win together | We strive for better | We enjoy the everyday | We think further

Avencia Consulting are an RPO who provide a recruitment service to our client.

What's in it for you:

  • A great starting salary plus annual bonus & strong benefits package…
  • 25 days paid holiday plus Bank Holidays, with the opportunity to buy / sell extra leave
  • Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer
  • There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!

Are you ready to play your part?

Choose 'Apply Now' to fill out our short application, so that we can find out more about you.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We are a Disability Confident Committed employer which means we will you'll have a positive experience applying for a role at Markel and are able to perform at your best. If there are any adjustments we can reasonably make to ensure that the process is accessible for you at every stage please let us know.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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