The role:
The Assistant Controller will be central to the financial management of the Ariel Re group of companies, with a particular focus on our Lloyd’s Corporate Member entities. You will take ownership across financial reporting, regulatory compliance, tax, and investor relations, ensuring the accurate and timely delivery of key outputs.
This is a hands-on role where you will work closely with the Controller, finance team, external advisers, and Lloyd’s stakeholders to support both day-to-day operations and strategic initiatives. You will be trusted to streamline processes, strengthen financial controls, and provide actionable insights into financial performance that directly shape senior decision-making.
Key Responsibilities include:
Financial and Board Reporting:
• Prepare monthly, quarterly, and annual financial statements.
• Ensure compliance with UK GAAP, IFRS, and Lloyd’s-specific standards.
• Manage the preparation of reports and deliverables for Lloyd’s Corporate Member entities.
• Create and present Board packs, and manage follow-up queries.
Regulatory Compliance:
• Ensure compliance with Lloyd’s market regulations and other applicable regulatory requirements.
• Stay updated on evolving financial regulations that impact the Lloyd’s market.
Projects:
• Lead ad hoc projects to strengthen operational efficiency and financial reporting.
• Contribute to finance transformation initiatives.
• Participate in cross-functional initiatives with tax, compliance, and investment management teams to improve processes and reporting.
Other:
• Monitor cash flow, expenses, and revenues in alignment with the company’s objectives.
• Effectively communicate with Lloyd’s syndicates, investors, and external parties.
• Oversee tax deliverables (UK & US), liaising with tax advisers.
Qualifications, Skills, Experience:
Education: Bachelor’s degree in Accounting, Finance, or a related field. CPA, ACCA, or equivalent accounting qualification.
Experience:
• 10+ years of experience in finance, preferably within Lloyd’s or broader insurance market.
• Strong knowledge of Lloyd’s insurance syndicates, capital structures, and MGA operations.
• Familiarity with Lloyd’s regulatory frameworks (e.g. FCA, LMA, PRA).
Skills:
• In-depth knowledge of UK GAAP, IFRS, and Lloyd’s financial reporting requirements.
• Strong analytical skills and attention to detail.
• Proficiency in financial software and ERP systems; experience with SUN systems preferred.
• Excellent communication skills, with ability to engage stakeholders across the Lloyd’s market.
• Capable of working independently while contributing to a collaborative finance team.
• Strong written and verbal communication abilities.
Working Conditions:
• Hybrid working environment (primarily office-based with opportunities for remote work).
• Fast-paced work environment with deadlines, requiring strong time management and organizational skills.
