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MGA Financial Accountant (FTC)

Location Manchester, United Kingdom Job type Full-Time Work mode Hybrid Job level Professional Job ID 13631 Company Munich Re Specialty - Global Markets Employment type Temporary Area of expertise Finance, Accounting & Controlling
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About us

At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.  

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.  

Please see our website for more information.

MGA Financial Accountant

We are currently looking for a MGA Financial Accountant to be based in Manchester or Birkenhead (UK) on a FTC-12 months contract, reporting into the MGA Finance Manager.

MRSGM have embarked on ambitious transformation plans. As part of that, MRSGM Finance are working to become an automated process led department, through process standardisation, application of new technology and leveraging digitisation and automation opportunities. This role will be actively involved in those transformation projects to deliver that ambition.

This role is well suited to an individual who enjoys preparing work to a high standard, whilst embracing the opportunity to work with a broad range of stakeholders on high profile projects in an organisation that will support and invest in your professional development.

Responsibilities:

•            Preparation of the month-end financial close processes for the technical accounts and bank reconciliations

•            Preparation and quality assurance of bordereau.

•            Quarterly audit file production, including coordination, ensuring all schedules are completed on time and referenced to supporting material.

•            Improve and automate existing processes and then integrate them efficiently with the current reporting process

•            Work closely with the Account and Financial Reporting team in London

•            Participate in Finance MRSG wide projects (e.g. Set-up of a new business stream)

•            Support other areas of the team where appropriate and with any other ad-hoc task as assigned.

•            Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.

You are required to comply with the PRA and FCA conduct rules

1.           Acting with honesty and integrity at all times

2.           Acting at all times with due care, skill and diligence

3.           Being open and honest with the FCA, the Prudential Regulation Authority (PRA) and all UK regulators at all times

4.           Always paying due regard to the interests of customers and always treat them honestly and fairly

5.           Observing proper standards of market conduct at all times

6.           Act to deliver good outcomes for retail customers. This includes abiding by the Consumer Duty cross-cutting rules below:

  • Act in good faith towards retail customers.
  • Avoid causing foreseeable harm to retail customers.
  • Enable and support retail customers to pursue their financial objectives

Knowledge and Skills

  • Technical background with previous technical accounting and/or credit control knowledge
  • Fluent English is required. Spanish is considered a plus.
  • Advanced knowledge of Excel ideally with a Microsoft Excel Certification
  • Comfortable multi-tasking and working as part of a team
  • Analytical, critical thinker with a problem solving attitude
  • Good communication skills and confident speaking to technical and business stakeholders, energetic and curious.

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.

Learn more about sustainability at Munich Re – choose your impact!

#BePresent #BeBold #BeCurious

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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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