Financial Accountant; Mat Cover

Hannover Re – as one of the world’s leading reinsurers, we provide coverage for the risks of yesterday, today and tomorrow.

Our strength?
Connecting Power: Within our global team of around 4,000 colleagues, we bring together knowledge, perspectives and a strong sense of responsibility. We rely on one another, challenge ourselves and continuously develop both our services and our products.

Whether working with risk calculation models, developing digital tools or creating pragmatic solutions for our clients: here, you can contribute your expertise and actively shape what comes next.

Sounds good? Get to know us as a reliable employer and find your place with us.

This role combines hands‑on accounting and finance expertise with responsibility for the financial planning and reporting processes for Hannover Re’s UK non‑insurance entities, as well as ownership of tax accounting and filing processes for the UK tax groups.

You will be a trusted adviser to the Head of Finance and senior management team, providing guidance on finance, accounting and tax across the Finance function and to the wider business.

You will develop robust business processes for the production of statutory and management reporting, as well as effective planning and forecasting mechanisms. You will work closely with the senior management teams of the UK businesses to provide accurate and timely financial information and insight. You will manage the production of VAT and Corporation Tax returns for the UK tax groups, and ensure our businesses comply with all necessary tax reporting and filing requirements.

You will lead the development and delivery of efficient processes to enable effective decision making and performance management of the organisation. You will be resilient and flexible, able to apply your knowledge and skills to new challenges in an evolving operating model.

• Coordinate the delivery of consistent and accurate accounting and financial reporting for Hannover Re’s UK holding and service companies across IFRS and German GAAP bases, for plan, forecasts and actual performance.
• Deliver internal financial and management reporting and forecasting to both the Group and senior local stakeholders, providing detailed analysis and explanations of the drivers of the results.
• Deliver external reporting requirements of the Companies under UK GAAP, including statutory accounts and preparation of Senior Accounting Officer deliverables.
• Develop and maintain excellent standards of control, governance, and documentation across the UK financial accounting deliverables, proactively and continuously improving processes.
• Coordinating UK tax compliance for all Hannover Re UK entities. This includes income tax and VAT calculations, returns and payments, transfer pricing documentation and maintaining the local tax strategy.
• Support the delivery of the statutory audit processes for the UK companies, through effective management of the finance and accounting deliverables.
• Act as a trusted financial adviser to the Directors and management of the UK entities.
• Support the intercompany recharge process by preparing accurate allocations, ensuring compliance with Group policies, and maintaining clear documentation to enable transparent and well‑governed cost sharing. Act as a key financial liaison and facilitator between the UK service company and the Talanx insurance entities.
• Build effective and sustainable relationships locally and with Group to strengthen cross‑departmental collaboration and foster a culture of trust and open feedback.
• Lead the delivery of UK financial accounting projects, as well as UK participation in Group projects.
• Maintain excellent knowledge of external developments that may impact Branch operations and deliver effective solutions to mitigate risks and take advantage of opportunities.

• Financial services or insurance sector experience is an advantage.
• UK statutory accounting and financial reporting processes.
• Experience of UK Corporation Tax and VAT processes.
• Delivering process change or optimisation.

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