Finance Apprentice

APPLY HERE: Finance Apprentice

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.

Finance Apprentice

We are currently looking for an Finance Apprentice to be based in Manchester on a 24 month fixed term contract, reporting into the Head of Finance Operations.

As a Finance Apprentice at Munich Re, 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 accounts payable, accounts receivable, cash management, credit control, financial reporting including - analysis, reconciliation, analysis. You will work closely with experienced professionals who are dedicated to mentoring and guiding you throughout your apprenticeship.

Responsibilities:

• Complete the upload of bank statement & clearing of bank open items in the ledger
• To be proficient and accurate in the processing and recording of all payments and receipts
• Deal with queries and resolve any issues, discrepancies
• Preparation of journals, accruals, prepayments, balance sheet controls and audit files.
• Bank account management, reviewing funding requirements, completing funding and investment transactions
• Assist in the annual audit by providing supporting documents.
• Produce appropriate KPI reporting
• Chase, resolve, negotiate and reconcile transactions and balances.
• Working with Underwriters and Brokers to ensure queries and errors can be resolved quickly.
• Preparation of the month-end financial close processes including journals, reconciliation and analysis
• Participate in wider projects (e.g. Set-up of a new business stream) including testing
• Engaging with multiple stakeholders from different areas of the business

Knowledge and Skills

• Attention to detail, accuracy is important
• Hardworking individual with a can do attitude
• Good communication skills
•  Energetic and curious.
• Comfortable multi-tasking and working as part of a team,
• Willing to learn new skills
• Organised, good time management to ensure deadlines are met

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!

Benefits

• 25 days Annual Leave + Bank Holidays
• 10% Non-contributory Pension
• Eligibility for an Annual Bonus
• Private Medical + Dental Insurance
• Critical illness insurance + Life Assurance + Permanent Health Insurance
• Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
• lectric Vehicle Salary Sacrifice Scheme
• Study & continuing Professional Development Support
• Hybrid Working + IT Home Set-up Support

We are proud supporters of Women in Data®.  Connect, engage and belong to the largest free female data community in the UK – visit: www.womenindata.co.uk to join our community.

Stay connected! Follow us on LinkedIn for updates on career opportunities and more.

APPLY HERE: Finance Apprentice