Capital & Structuring Analyst

About the role

We are looking for a detail-focused analyst to support a capital team focused on supporting establishment of newly regulated insurance entities across multiple jurisdictions — including DFSA, Cayman and Lloyds structures — with the right capital and control framework from inception. The primary focus of the role is on new entity establishment: setting up the financial records, capital accounts and reporting infrastructure as each entity is stood up. You will also support existing entities and reinsurance programmes as required. You will report to a qualified manager. This is a hands-on role where accuracy and reliability are everything.

Key responsibilities

• Support set up of books, ledgers and chart of accounts for new legal entities (DFSA, Cayman, Lloyds and others) as they are established, ensuring the capital account structure and control framework are correctly reflected from day one.
• Establish and maintain reconciliation routines for premium records, bordereaux and bank accounts for newly established entities; support the same for existing entities as required.
• Log day-to-day and intercompany transactions for new entities accurately and on time, including initial capital contributions and intra-group funding flows.
• Maintain the capitalisation schedule and shareholder loan register for each entity, recording drawdowns, repayments and any amendments to the approved capital structure.
• Support Funds at Lloyds (FAL) administration for the Groups Syndicate in a Box (SIAB) — maintaining FAL registers, processing asset movements and reconciling the FAL position to Lloyds records on a periodic basis.
• Monitor letters of credit and trust account balances supporting reinsurance programmes and Lloyds collateral requirements; flag movements, expiries or shortfalls to the manager promptly.
• Compile periodic capital ratio and solvency position data for each entity, feeding inputs into the Managers capital adequacy models and flagging any movement towards regulatory thresholds.
• Support reinsurance programme record-keeping and data entry for new entities as programmes are established; assist with existing programmes as required.
• Build and maintain organised capital/finance, regulatory and corporate records for each new entity from inception, establishing the filing and control structure required by the relevant regulator (DFSA, CIMA, Lloyds).
• Support claims payment processing and keep records up to date. Enter and check commission and statement data.
• Flag anything unusual or that does not reconcile to the manager.

What we are looking for

• Strong numeracy and a high level of attention to detail.
• Experience in bookkeeping or transaction processing.
• Comfortable with accounting software (Xero experience an advantage).
• Able to work with high volumes of data without losing accuracy.
• Methodical, organised and able to meet daily deadlines.
• Insurance or reinsurance back-office experience is a plus but not essential.