Lloyd's
Senior Reconciliation Specialist- 6 month FTC
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Lloyd’s is the world’s leading insurance and reinsurance marketplace, bringing together the world’s leading risk takers to advance global progress.
Our strategy is focused on delivering strong underwriting performance, operating an efficient and flexible marketplace, and maximising the capital advantage of the Lloyd’s market — while continuing to build a Lloyd’s we are proud of.
How we deliver this, matters. We take the risk, make things happen, and own the outcome — working together across our global network to turn insight into impact.
The Role
To partner with the Senior Manager Data and Finance in designing and maintaining robust, clear, and simplified reconciliation processes for Funds at Lloyd’s (FAL) custody. This role ensures operational integrity, drives process transformation, and provides leadership, guidance, and mentoring to junior analysts, embedding best practice across the team.
Principal Accountabilities
Reconciliation Process Design & Enhancement
- Review current reconciliation frameworks and simplify, standardise, and strengthen controls.
- Develop clear documentation and workflows that reduce complexity and improve transparency.
- Implement automation and exception management tools where possible.
Operational Delivery
- Lead daily and monthly reconciliations for FAL custody accounts, ensuring accuracy and timeliness.
- Investigate and resolve breaks promptly; escalate systemic issues with actionable recommendations.
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Governance & Compliance
- Ensure reconciliations meet internal control standards and regulatory requirements (FCA/PRA, CASS concepts).
- Maintain auditable evidence and support internal/external audits.
Mentoring & Team Development
- Act as a subject-matter expert for reconciliation best practice.
- Coach and guide junior analysts, building capability and confidence within the team.
Stakeholder Engagement
- Work closely with the Head of Member Relations to align reconciliation improvements with strategic objectives.
- Communicate clearly with suppliers and internal teams on reconciliation outcomes and issues.
Skills
- Strong analytical and problem-solving skills.
- Ability to simplify complex processes and design robust controls.
- Excellent communication and mentoring capability.
- High attention to detail and risk awareness.
Being inclusive at Lloyd’s is integral to how we work — and how we deliver impact.
We aim to build a diverse, inclusive environment that reflects the global markets we serve, where everyone is treated with dignity and respect and supported to reach their full potential.
We take the risk by challenging traditional thinking and being proactive about inclusion. That means being open and positive about workplace adjustments, prioritising health and wellbeing, and investing in diversity and inclusion training so everyone feels able to contribute and succeed.
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We make things happen by turning our commitment into action. Through employee networks, mentoring, volunteering opportunities, and sustained investment in professional development, we create an environment where inclusion is experienced day-to-day — not just talked about.
We own the outcome by focusing on impact. By bringing together diverse perspectives and the best minds in the industry, we work collaboratively with underwriters and brokers to create innovative, responsive solutions that share risk and solve complex problems across global markets.
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