FC&A Analyst in London

Department: Financial Controlling & Analysis (FC&A) UK

Reporting to: Head of FC&A (GLLS)

Together, we engage with everything we have and are, to help humankind act braver and better.

About Great Lakes Insurance SE:

As specialty provider of primary insurance services in the UK, Great Lakes Insurance SE, UK Branch is a substantial part of our parent, Great Lakes Insurance SE in Munich. Our interlocked business model is to seize opportunities closely connected to the reinsurance core business and innovation opportunities, in our role as an integral part of the Munich Re Group. Great Lakes Insurance SE currently operates from its Head Quarter in Munich, and via branch offices in UK, Switzerland, Italy and Australia.

In the UK, Great Lakes has successfully obtained the authorisation from the Prudential Regulatory Authority (PRA) and Financial Conduct Authority (FCA) for a Third Country Branch and a Subsidiary. These two entities will secure our future in the primary insurance service market in a post-Brexit world, by enabling us to continue writing our existing business.

About the role:

To ensure that overall GLLS budgeting and forecasting processes as well as cost reporting are efficient, effective and accurate in line with company and group requirements.

Key Responsibilities:

Competencies:

Drives results You consistently achieve results even under tough circumstances, with the organisation’s performance in the front of your mind.

Decision quality You make good and timely decisions to keep things moving, using analysis, experience and judgement.

Customer focus You build and maintain strong customer relationships, paying attention to their needs and adapting as this evolves.

Business insight You are able to apply your knowledge of the business and the market to advance your business’ and wider organisation’s goals.

Cultivates innovation You create new and better ways for Munich Re to be successful e.g. generating ideas, improving operational processes, harnessing new technology etc.

Persuades You use compelling arguments to gain the support, buy-in and commitment of others.

Manages ambiguity You continue to operate effectively even when things are uncertain and the way forward is unclear.

Courage You are not afraid to step up to address difficult issues, saying what you believe needs to be said. You are willing to challenge the status quo, recognising opportunities to do so.

Key Skills & Experience:

Qualifications and Educational Requirements:

Thought Leaders:

You are seen as an expert in your field and will be the ‘go to’ person for your area of specialism within Munich Re. You will be seen as a role model/mentor to others – identifying opportunities to share your knowledge with others.

You will demonstrate and role model inclusive behaviour and encourage your colleagues to play an active role in creating an inclusive culture as well.

You will treat your colleagues and sales and business partners fairly and with respect

Regulatory & Conduct Requirements:

In addition to the responsibilities set out above, the role will be responsible for: Ensuring compliance with Munich Re’s Code of Conduct and the FCA Conduct Rules.

Benefits

You will be rewarded with a great compensation package, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10%

We are one of the few employers to offer fully paid 6months family leave for times when you need it the most. 

About us

You will work in an environment where we think big: Change and culture are continuously role-modelled. We create and articulate a compelling and ambitious shared purpose, vision and direction. We pave the way towards success and see failure as learning

You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders

We communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit feedback, ask and listen, learn and unlearn

You will grow with your clients: Whatever our role, we support business, in an efficient and effective way, to create value for our clients. We embrace new ways of working using digitalisation to deliver solutions

We lead the We: We have a passion for winning and growing as a team. We inspire people to be capable of joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged

Re is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all our employees

“At Munich Re, embracing the power of differences is at the core of who we are. We believe diversity fosters resilience and innovation and enables us to act on our purpose of helping humankind act braver and better. 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.

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!”