Financial & Regulatory Accountant

Financial & Regulatory Accountant

Full-Time 45000 - 55000 £ / year (est.) No working from home possible
Bruin Financial & Professional Services

At a Glance

  • Tasks: Assist in delivering accurate financial and regulatory reporting with a focus on analysis and documentation.
  • Company: Join a leading firm in the insurance sector with a commitment to excellence.
  • Benefits: Competitive salary, professional development opportunities, and a supportive team environment.
  • Other info: Collaborative team atmosphere with opportunities for career advancement.
  • Why this job: Make an impact in financial reporting while gaining valuable industry knowledge and experience.
  • Qualifications: Professional accounting qualification and strong knowledge of IFRS and regulatory returns.

The predicted salary is between 45000 - 55000 £ per year.

To assist in the delivery of accurate and timely financial and regulatory reporting in accordance with agreed standards and deadlines.

Specific Responsibilities

  • Financial reporting:
    • Documentation, reconciliation and analysis of LUK’s interfaces to the General Ledger for inward insurance business, profit commission and acquisition costs;
    • Preparation of month UK management accounts and preparation of annual IFRS statutory accounts for at least one of the UK group of companies;
    • Assist in the production of better and more standardised management information on a monthly basis;
    • Liaise with internal and external auditors, and other group entities, in order to obtain or provide information to resolve and settle queries as required;
    • Keep up to date with regulatory reporting requirements and relevant accounting standards while developing industry knowledge;
    • Support group projects (e.g. implementation of new system changes or new reporting requirements).
  • Regulatory reporting:
    • Assist in the preparation of LUK’s annual quarterly Solvency II reporting (e.g. SFCR and associated QRTs);
    • Preparation of LUK’s non UK regulatory returns (e.g. NAIC, TRIA).

Essential Skills Requirements

  • A professional accounting qualification (CA, CPA or ACCA);
  • Strong knowledge of how underwriting systems operate would be an advantage;
  • Detailed knowledge and experience of IFRS for insurance and investment accounting;
  • Experience in completing insurance regulatory returns would be an advantage;
  • Advanced Microsoft Excel skill;
  • Excellent written and oral communication skills;
  • Ability to work as part of a small team.

Financial & Regulatory Accountant employer: Bruin Financial & Professional Services

As a Financial & Regulatory Accountant at our company, you will thrive in a dynamic work environment that prioritises accuracy and compliance while fostering professional growth. We offer competitive benefits, a collaborative culture, and opportunities for continuous learning, all set in a vibrant location that encourages innovation and teamwork. Join us to be part of a forward-thinking organisation that values your contributions and supports your career development.

Bruin Financial & Professional Services

Contact Details:

Bruin Financial & Professional Services Recruitment Team

We think you need these skills to ace Financial & Regulatory Accountant

Financial Reporting
Regulatory Reporting
IFRS Knowledge
Accounting Qualification (CA, CPA, ACCA)
Underwriting Systems Knowledge
Insurance Regulatory Returns Experience
Advanced Microsoft Excel Skills