Finance Apprentice

Company
Munich Re Specialty Group
Location
London , United Kingdom

At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we’re committed to building a strong and inclusive culture where everyone is welcomed and valued for their “own expression of self-identity”.

About us

MRSG is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.

As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Singapore, Labuan and Dubai.

Our group of companies provide solutions covering Casualty, Marine & Cargo, Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht. Our purpose is to inspire our clients and people with the confidence and freedom to explore, create and build – to enable people and businesses to thrive.

Finance Apprentice

We are looking to employ a Finance Apprentice to be based in London and to work with us on a full-time basis for 23 months.

As a Finance Apprentice, you will embark on a comprehensive learning journey, gaining hands-on experience in various aspects of Finance. This apprenticeship is designed to provide exposure to a wide range of financial functions, including but not limited to accounting, financial analysis, budgeting, and financial reporting.

You will attend and complete relevant apprenticeship learning activities, and other integral training. As well as working closely with experienced professionals who are dedicated to mentoring and guiding you throughout your apprenticeship.

This role is 4 days working and 1 day of studying per week towards your AAT Certification.

This a great opportunity for school leavers and junior professionals to start an exciting career in specialty insurance. Training, professional and personal development opportunities and on the job, learning form an integral part of this job.

If you’d like to work within an energetic, fun and collaborative team atmosphere where you can make difference, we’d love to hear from you.

The Role

• Assist in conducting financial analysis to support decision-making processes.
• Analyse financial data and prepare reports to highlight key performance indicators.
• Gain practical experience in basic accounting principles and bookkeeping.
• Assist with the preparation of financial statements and reports.
• Collaborate with the finance team to contribute to the budgeting process.
• Monitor budget performance and provide analysis on variances.
• Assist in the preparation of regular financial reports for internal and external stakeholders.
• Ensure compliance with financial regulations and reporting standards.
• Maintain accurate and up-to-date financial records.
• Input financial transactions into accounting software.
• Collaborate with different departments to understand their financial needs and provide support.
• Participate in meetings and contribute to discussions on financial matters.

Key Skills & Experience

• Attention to detail - Analyse situations, diagnose problems, identify the key issues, establish and weigh up alternative courses of action and produce a logical, practical and acceptable solution.
• Hardworking individual with a can do attitude - Get things done well and the ability to set and meet challenging goals, create own measures of excellence and constantly seek ways of improving performance.
• Good communication skills both written and verbal
• Willing to learn new skills - Take responsibility for your own career and actively support ‘continuing professional development’.
• Basic IT skills - MS Power Point, MS Excel, MS Word, SharePoint and MS Outlook

Education and Professional Qualifications:

• A-Levels required – preferably Maths and English

Your career with us

At MRSG, you’ll find the flexibility, development and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more!

Diversity & Inclusion

Creating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.

Working together, we are an employer of choice by building the workforce for today and the future. We make it happen. Together.

Push Boundaries. With us. | Munich Re