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Brit Insurance • London

Regulatory Reporting - Apprentice

Employment type:  Full time

3 days/week at home

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Job Description

We are looking for Regulatory Reporting Apprentice to join us from September 2024.
Who are we?
Welcome to Brit. We’re a leading commercial insurance and reinsurance company and the 2nd largest syndicate in the historic Lloyd’s of London marketplace – known for insuring the most complex risks in the word.
If you are looking to take your first steps in your working career as an Apprentice, we are confident you will find Brit an exciting and inspiring place to work. We are focused on not just reacting to change but creating it for the better.
We welcome everyone. Brit’s inclusive culture and environment enables everyone to flourish.
We want our work to be purposeful, meaningful, and fun. If this sounds like something you’d like to be a part of, we’d love to hear from you.
What you will be working on
The Regulatory Reporting team is responsible for the timely and accurate preparation and submission of statutory returns for Lloyd’s (including Solvency II returns) and the BMA, and statutory accounts for Brit and KI’s Lloyd’s Syndicates and Syndicate related legal entities.
The primary purpose of this role is to assist with the preparation and completion of submissions, assist with operating and developing streamlined processes and provide key analytics and information on data reported, closely liaising with the Assistant Syndicate Accountant / Syndicate Accountant in fulfilling team and individual responsibilities.
About you
This is a great opportunity for someone who can assist in the preparation of a wide range of regulatory returns and statutory accounts for at least one of the Syndicate pillars.
You’ll assist with additional returns as and when required.
You’ll assist in answering external audit questions as and when they arise, this would be good opportunity for someone with good interpersonal skills, and a team player.
An exciting opportunity for a person that can extract data from source systems, apply appropriate adjustments transparently and provide outputs and analysis to support the submission of the regulatory returns.
If you have the drive to work in a flexible, fun, passionate reporting team we would love to hear from you!

Our culture

We welcome everyone at Brit, our people are our business, and we value what everyone can bring. We like our employees to feel respected, valued and accepted – our culture is one where we encourage you to bring your authentic self to work.

We encourage our people to meet across teams, share personal stories and understand different perspectives. It puts our people at the heart of shaping our inclusive workplace. We do this through our active Employee Resource groups.

Corporate Responsibility:

We are committed to having a positive impact on the planet and society both within and outside of our organisation, and actively support our clients, stakeholders, investors, and people through our ESG strategy and principles.

Our ESG strategy and focus rests on four core pillars that guide our efforts to ensure the long-term sustainability of business: Reducing our Environmental Footprint, Enabling the Transition, Responsible Product Deployment and an inclusive Culture for our People.

In turn, our ESG strategy is aligned to our overall Company strategic focus and goals. We are committed to being a responsible business and developing products to reflect that we are: accessible, inclusive, and sustainable. Our ESG approach is focused on reducing any adverse impact on the planet, while mitigating risks from unsustainable environmental, social and governance practices.

Brit’s Apprenticeship Scheme – how it works:

The Apprenticeship Scheme runs for 18 months, in your first week you’ll follow an enhanced induction programme. This helps you create your best first impression – and brings you up to speed with the basics of the insurance market. After that, you’ll be working as part of a team alongside our talented professionals, gaining valuable hands-on experience in your chosen career path.

As part of your apprenticeship, 20% of your working week will be set aside for learning. This includes working towards a relevant qualification – with a mentor to support you through your studies. At the end of your apprenticeship, you’ll transition into a role linked to your
level of experience.

Competitive benefits – what we’ll give you in return

We provide our apprentices with:
• A permanent role with a competitive salary
• 27 days holiday a year
• An annual discretionary bonus (based on company and individual performance)
• Private medical and dental cover
• An interest-free season ticket loan
• Discounted gym membership
• Participation in a range of sports and social activities

Company benefits

Shared parental leave
Enhanced paternity leave
Enhanced maternity leave
Adoption leave
Health insurance
Dental coverage
Non-contributory pension
Annual bonus
Share options
Season ticket loan
Life assurance
Cycle to work scheme
Faith rooms
Pregnancy loss leave
Fertility treatment leave
Carer’s leave
Open to job sharing
Open to part time work for some roles
Gym membership
Compassionate leave
Menstrual leave
Bank holiday swaps
Volunteer days
Employee assistance programme
Salary sacrifice
Charity donation scheme
L&D budget
Enhanced sick pay
Enhanced sick days
Mental health platform access
Location
68%
Employees are largely happy with their working location freedom
Hours
70%
Employees are largely happy with the flexibility in the hours they work
Benefits
67%
Employees are largely happy with the benefits their company offers
Work-life balance
65%
Employees feel that they can switch off quite easily from work
Role modelling
67%
Employees feel that most people work flexibly
Autonomy
78%
Employees feel that they can mostly manage how they get their own work done

Working at Brit Insurance

Company employees

Approximately 650

Gender diversity (male:female)

66:34

Office locations

London & Bermuda

Hiring Countries

Bermuda

United Kingdom

Awards & Achievements

Finance & Insurance

Finance & Insurance

Industry awards 2023

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